How to Purchase Stellar (XLM) using DuelNow (DNOW)

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