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

