How to Purchase Stellar (XLM) using Sonic Inu (SONIC)

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