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How to Purchase Stellar (XLM) using Centurion Invest (CIX)

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

How to Sell Stellar (XLM) for Centurion Invest (CIX) in Germany

To sell Stellar for Centurion Invest, first, find a cryptocurrency exchange that supports the XLM/CIX trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/CIX pair on the trading platform and place a sell order to exchange your Stellar for Centurion Invest. If the XLM/CIX pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Centurion Invest. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.