How to Buy Stellar (XLM) in Russia

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

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome 10 Dollar.

Coinbase Promo Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Binance Signup

Step 3 – Locate (XLM) Stellar

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin invest and trading. To invest in (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

In order to locate (XLM) Stellar, you'll need to put the cointype (XLM) into the search box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this too. Click on “XLM/BTC” to proceed.

Step 4 – Buying (XLM) Stellar

After you've discovered Stellar (XLM), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order.

The “Price” field will be automatically filled with the recent valuation (XLM) Stellar was sold for. You can change this to your favoured price. The “Amount” field is the quantity of XLM you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of XLM.

When you are happy, click on “Buy XLM”. Your plan will be filled as soon as a Vendor sells their XLM for the price you gave.

Step 5 – Withdraw (XLM) Stellar

Unless you're trading, you should never keepyour coins on an Crypto Exchange for an longer time period. To withdraw your Stellar (XLM), go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Drop in the volumen of (XLM) Stellar you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

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

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the Stellar (XLM) is safe within your wallet, you are done.