How to Purchase Stellar (XLM) using Day By Day (DBD)

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