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