How to Purchase Stellar (XLM) using Kassandra (KACY)

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