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How to Purchase Stellar (XLM) using Medibloc (MED)

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

How to Sell Stellar (XLM) for Medibloc (MED) in Germany

To sell Stellar for Medibloc, first, find a cryptocurrency exchange that supports the XLM/MED trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/MED pair on the trading platform and place a sell order to exchange your Stellar for Medibloc. If the XLM/MED pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Medibloc. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.