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