XLM to CDS: Convert and Swap Stellar (XLM) to Capital DAO Starter (CDS)

How to Purchase Stellar (XLM) using Capital DAO Starter (CDS)

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