How to Purchase Stellar (XLM) using GM Frens (GM)

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