How to Buy Stellar (XLM) in Anguilla

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

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your first 10 Dollar.

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Stellar (XLM) is accessible 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? (Follow this how-to)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find (XLM) Stellar

Once your deposit has been confirmed, you will instantly have access to your funds and you can start invest and trading. To invest in (XLM) Stellar on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find (XLM) Stellar, you will need to insert the cointype (XLM) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “XLM/BTC” to proceed.

Step 4 – Purchasing Stellar (XLM)

Once you've spotted (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest tariff (XLM) Stellar was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of XLM you like to buy. The “Total” field is the total price in BTC that you will pay for the complete volumen of XLM.

When you're happy, make a mouse click on “Buy XLM”. Your plan will be filled when a Vendor trades their XLM for the price you submitted.

Step 5 – Withdraw Stellar (XLM)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. To withdraw your Stellar (XLM), hover over the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the provided drop-down box. Put into the volumen of (XLM) Stellar you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and stored Stellar (XLM) in Anguilla.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Stellar (XLM) is safe within your wallet, you're finished.