How to Purchase Stellar (XLM) using Validity (VAL)
To buy Stellar using Validity, first, find a cryptocurrency exchange that supports the XLM/VAL trading pair. Create an account, verify your identity, and deposit your VAL into your exchange wallet. Locate the XLM/VAL pair on the trading platform and place an order to exchange your Validity for Stellar. If the XLM/VAL pair is unavailable, you can first exchange Validity 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.
How to Sell Stellar (XLM) for Validity (VAL) in Germany
To sell Stellar for Validity, first, find a cryptocurrency exchange that supports the XLM/VAL trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/VAL pair on the trading platform and place a sell order to exchange your Stellar for Validity. If the XLM/VAL pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Validity. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.

