How to Purchase Stellar (XLM) using IBS [OLD] (IBS)

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