A Step-by-Step-Guide on how to buy Stellar (XLM) in Argentina
Step 1 – Join CEX.io You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Stellar (XLM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Stellar (XLM) As soon as your deposit has been verified, you'll directly have access to your finances and you can begin purchasing and trading. To invest in Stellar (XLM) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find (XLM) Stellar, you'll need to put the short name of the asset (XLM) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “XLM/BTC” to progress.
Step 4 – Buy Stellar (XLM) As soon as you've found (XLM) Stellar, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our Limit Order. The “Price” field will be automatically filled with the most recent tariff (XLM) Stellar was traded for. You can change this to your favoured rate. The “Amount” field is the volumen of XLM you want to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of XLM. When you are satisfied, click on “Buy XLM”. Your plan will be filled as soon as a Seller sells their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer time period. In order to take off your (XLM) Stellar, go to the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the provided drop-down box. Drop in the volumen of (XLM) Stellar you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.