How to Purchase Stellar (XLM) using Carry (CRE)

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