BitcompareBitcompare

How to Purchase Stellar (XLM) Using Steem (STEEM) in Russia

To buy Stellar using Steem, first, find a cryptocurrency exchange that supports the XLM/STEEM trading pair popular in Russia. Create an account, verify your identity, and deposit your STEEM into your exchange wallet. Locate the XLM/STEEM pair on the trading platform and place an order to exchange your Steem for Stellar. If the XLM/STEEM pair is unavailable, you can first exchange Steem for a stablecoin like Tether (USDT) or a fiat currency such as the Russian Ruble (RUB), 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 the Russian market.

How to Sell Stellar (XLM) for Steem (STEEM) in Russia

To sell Stellar for Steem in Russia, first, find a cryptocurrency exchange that supports the XLM/STEEM trading pair. Create an account, verify your identity, and deposit your XLM into your exchange wallet. Locate the XLM/STEEM pair on the trading platform and place a sell order to exchange your Stellar for Steem. If the XLM/STEEM pair is unavailable, you can first sell Stellar for a stablecoin like Tether (USDT) or a fiat currency such as the Russian Ruble (RUB), then trade that for Steem. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.