How to Purchase Stellar (XLM) using BlockChainPeople (BCP)

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