A Step-by-Step-Guide on how to buy Stellar (XLM) in American Samoa
Step 1 – Join Kraken In the beginning you'll need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Stellar (XLM) Once your deposit has been approved, you will now have access to your funds and you can start purchasing and trading. To purchase (XLM) Stellar on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. In order to discover Stellar (XLM), you'll need to put the short name of the asset (XLM) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “XLM/BTC” to continue.
Step 4 – Purchase (XLM) Stellar Once you've discovered (XLM) Stellar, 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 creating our Limit Order. The “Price” field will be filled automatically with the most up-to-date valuation Stellar (XLM) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of XLM you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of XLM. When you're satisfied, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Vendor trades their XLM for the price you offered.
Step 5 – Withdraw (XLM) Stellar Unless you're trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. To withdraw your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Put into the quantity of Stellar (XLM) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You could be asked for phone/email verification before a take off.