A Step-by-Step-Guide on how to buy Stellar (XLM) in Cabo Verde
Step 1 – Join Kraken You will first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with 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 verified, you will immediately have access to your finances and you can start buying and trading. To purchase (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. In order to spot (XLM) Stellar, you will need to insert the cointype (XLM) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “XLM/BTC” to go ahead.
Step 4 – Buying Stellar (XLM) After you have found (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The “Price” field will be filled with the latest tariff (XLM) Stellar was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of XLM you want to buy. The “Total” field is the total price in Bitcoin that you'll pay for the complete amount of XLM. When you're glad, click on “Buy XLM”. Your order will be filled when a Vendor sells their XLM for the price you submitted.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, best advise is not to keep coins on an Exchange for an extensive period of time. In order to withdraw your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Put into the volumen of (XLM) Stellar you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.