How to Purchase Stellar (XLM) using Sperax (SPA)

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