A Step-by-Step-Guide on how to buy Stellar (XLM) in Antigua And Barbuda
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been approved, you'll immediately have access to your funds and you can start buying and trading. To invest in Stellar (XLM) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To find (XLM) Stellar, you'll need to put the cointype (XLM) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “XLM/BTC” to advance.
Step 4 – Acquisition of Stellar (XLM) As soon as you have located Stellar (XLM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our Limit Order. The “Price” field will be automatically filled with the most up-to-date valuation (XLM) Stellar was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of XLM you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of XLM. If you are glad, make a mouse click on “Buy XLM”. Your plan will be filled when a Seller trades their XLM for the price you submitted.
Step 5 – Withdraw (XLM) Stellar Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer time frame. In order to take off your Stellar (XLM), go to the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the given drop-down box. Enter the quantity of Stellar (XLM) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.