How to Buy Stellar (XLM) in Bangladesh

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

Step 1 – Join CEX.io

You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate (XLM) Stellar

As soon as your deposit has been approved, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in (XLM) Stellar on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find Stellar (XLM), you'll need to insert the shortname of the coin (XLM) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “XLM/BTC” to go ahead.

Step 4 – Purchase (XLM) Stellar

Once you have found Stellar (XLM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're going to make our Limit Order.

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

When you are happy, make a mouse click on “Buy XLM”. Your plan will be filled when a Vender sells their XLM for the price you gave.

Step 5 – Withdraw (XLM) Stellar

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

Locate Stellar (XLM) by using the given drop-down box. Drop in the quantity of (XLM) Stellar you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you are happy, click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Kudos! You've successfully purchased and safed Stellar (XLM) in Bangladesh.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (XLM) Stellar is safe in your wallet, you're done.