How to Purchase Stellar (XLM) using Planq (PLQ)

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