How to Buy Stellar (XLM) in Algeria

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

Step 1 – Join CEX.io

You will first need to purchase one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive your first Ethereum or Bitcoin.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate Stellar (XLM)

Once your deposit has been verified, you will instantly have access to your finances and you can initiate buying and trading. To purchase Stellar (XLM) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to find (XLM) Stellar, you will need to insert the short name of the asset (XLM) into the search-box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this too. Click on “XLM/BTC” to proceed.

Step 4 – Purchase (XLM) Stellar

As soon as you've discovered (XLM) Stellar, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation (XLM) Stellar was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XLM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of XLM.

If you're satisfied, click on “Buy XLM”. Your order will be filled when a Vender trades their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. In order to take off your (XLM) Stellar, hover over the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Put into the amount of (XLM) Stellar you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're glad, click “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You've successfully bought and safed Stellar (XLM) in Algeria.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (XLM) Stellar is safe in your wallet, you are all done.