A Step-by-Step-Guide on how to buy Stellar (XLM) in Chad
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (XLM) Stellar Once your deposit has been verified, you will directly have access to your assets and you can start buying and trading. To purchase (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to locate (XLM) Stellar, you'll need to put the short name of the asset (XLM) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “XLM/BTC” to advance.
Step 4 – Purchasing (XLM) Stellar After you have spotted Stellar (XLM), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be filled with the latest valuation Stellar (XLM) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of XLM you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of XLM. If you are satisfied, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Vender trades their XLM for the price you introduced.
Step 5 – Withdraw Stellar (XLM) Unless you're frequently trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. In order to withdraw 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 provided drop-down box. Enter the amount of (XLM) Stellar you would like to withdraw. Take into account 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 before a take off.