How to Purchase Stellar (XLM) using Biconomy (BICO)

To buy Stellar using Biconomy, first, find a cryptocurrency exchange that supports the XLM/BICO trading pair. Create an account, verify your identity, and deposit your BICO into your exchange wallet. Locate the XLM/BICO pair on the trading platform and place an order to exchange your Biconomy for Stellar. If the XLM/BICO pair is unavailable, you can first exchange Biconomy 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.