How to Purchase Stellar (XLM) using Nym (NYM)

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