A Step-by-Step-Guide on how to buy Stellar (XLM) in Belarus
Step 1 – Signup to Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Stellar (XLM) As soon as your deposit has been approved, you'll directly have access to your assets and you can launch purchasing and trading. To buy (XLM) Stellar on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover Stellar (XLM), you will need to insert the short name of the asset (XLM) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “XLM/BTC” to continue.
Step 4 – Purchase (XLM) Stellar After you have found Stellar (XLM), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the latest rate Stellar (XLM) was traded for. You can change this to your desired rate. The “Amount” field is the volumen of XLM you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of XLM. When you're happy, click on “Buy XLM”. Your order will be filled as soon as a Vendor sells their XLM for the price you gave.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Stellar (XLM), hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the given drop-down box. Drop in the volumen of Stellar (XLM) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.