How to Purchase Stellar (XLM) using Convergence (CONV)

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