How to Buy Stellar (XLM) in Bulgaria

A Step-by-Step-Guide on how to buy Stellar (XLM) in Bulgaria

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome $10.

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Stellar (XLM) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate (XLM) Stellar

As soon as your deposit has been verified, you will now have access to your funds and you can start buying and trading. To invest in (XLM) Stellar on Binance, you will want to go to theExchangetab and then click onBasic”.

In order to find Stellar (XLM), you'll need to insert the short name of the asset (XLM) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we have highlighted this also. Click onXLM/BTCto progress.

Step 4 – Buy Stellar (XLM)

As soon as you've spotted (XLM) Stellar, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are going to create our Limit Order.

The field with thePricetag will be filled with the most up-to-date price (XLM) Stellar was traded for. This can be changed to your favoured price. TheAmountfield is the volumen of XLM you wish to buy. The field with theTotaltag is the aggregated price in Bitcoin that you will pay for the whole amount of XLM.

When you're glad, click onBuy XLM”. Your order will be filled when a Seller trades their XLM for the price you offered.

Step 5 – Withdraw (XLM) Stellar

Unless you are regularly trading, you should never keepyour coins on an Exchange for an extended period of time. To withdraw your (XLM) Stellar, go to theFundstab and mouse click onWithdraw”. Stellar (XLM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Drop in the volumen of Stellar (XLM) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, make a mouse click onSubmit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and safed (XLM) Stellar in Bulgaria.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (XLM) Stellar is stored in your wallet, you are finished.