How to Purchase Stellar (XLM) using BeraFi (BERAFI)

To buy Stellar using BeraFi, first, find a cryptocurrency exchange that supports the XLM/BERAFI trading pair. Create an account, verify your identity, and deposit your BERAFI into your exchange wallet. Locate the XLM/BERAFI pair on the trading platform and place an order to exchange your BeraFi for Stellar. If the XLM/BERAFI pair is unavailable, you can first exchange BeraFi for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Stellar. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.