How to Purchase Stellar (XLM) using Sundog (SUNDOG)

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