How to Purchase Stellar (XLM) using LayerAI (LAI)

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