How to Purchase Stellar (XLM) using IoTeX (IOTX)

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