How to Buy Stellar (XLM) in Bosnia And Herzegovina

A Step-by-Step-Guide on how to buy Stellar (XLM) in Bosnia And Herzegovina

Step 1 – Join CEX.io

You will first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find (XLM) Stellar

As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can initiate purchasing and trading. To purchase Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To discover Stellar (XLM), you will need to insert the cointype (XLM) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've marked this also. Click on “XLM/BTC” to advance.

Step 4 – Purchasing (XLM) Stellar

After you have located Stellar (XLM), you will be presented with 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 create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date 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 whole price in BTC that you'll pay for the whole amount of XLM.

When you're happy, make a mouse click on “Buy XLM”. Your order will be filled when a Seller trades their XLM for the price you submitted.

Step 5 – Withdraw (XLM) Stellar

Unless you're frequently trading, you should never keepyour crypto on an Crypto Trader for an longer time frame. To take off your (XLM) Stellar, hover over the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar 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 amount of Stellar (XLM) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You've successfully purchased and stored Stellar (XLM) in Bosnia And Herzegovina.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored inside your wallet, you are finished.