How to Buy Stellar (XLM) in Brazil

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

Step 1 – Signup to CEX.io

You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've chosen the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find Stellar (XLM)

Once your deposit has been verified, you'll immediately have access to your finances and you can commence buying and trading. To invest in Stellar (XLM) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

To locate (XLM) Stellar, you will need to put the cointype (XLM) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have highlighted this too. Click on “XLM/BTC” to progress.

Step 4 – Purchase (XLM) Stellar

As soon as you have spotted (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The “Price” field will be filled with the most latest price (XLM) Stellar was sold for. You can change this to your favoured price. The “Amount” field is the amount of XLM you wish to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of XLM.

When you're happy, click on “Buy XLM”. Your plan will be filled when a Seller sells their XLM for the price you gave.

Step 5 – Withdraw Stellar (XLM)

Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the provided drop-down box. Drop in the amount of (XLM) Stellar you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and stored Stellar (XLM) in Brazil.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored inside your wallet, you're all done.