How to Purchase Stellar (XLM) using Genesys (GSYS)

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