How to Buy Stellar (XLM) in Belgium

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your first Ethereum or Bitcoin.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate (XLM) Stellar

Once your deposit has been verified, you'll directly have access to your finances and you can start buying and trading. To purchase Stellar (XLM) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To find Stellar (XLM), you'll need to insert the cointype (XLM) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “XLM/BTC” to advance.

Step 4 – Purchasing Stellar (XLM)

Once you have spotted Stellar (XLM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date valuation (XLM) Stellar was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of XLM you like to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the complete volumen of XLM.

When you're happy, click on “Buy XLM”. Your plan will be filled as soon as a Vendor trades their XLM for the price you gave.

Step 5 – Withdraw Stellar (XLM)

Unless you are trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. In order to take off your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the given drop-down box. Drop in the volumen of Stellar (XLM) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you're satisfied, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Kudos! You have successfully purchased and safed Stellar (XLM) in Belgium.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe in your wallet, you are finished.