A Step-by-Step-Guide on how to buy Stellar (XLM) in Côte DIvoire
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive your welcome Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC 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 divergent (Follow our guide).
Step 3 – Find Stellar (XLM) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can initiate invest and trading. To invest in (XLM) Stellar on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot Stellar (XLM), you'll need to put the shortname of the coin (XLM) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “XLM/BTC” to continue.
Step 4 – Purchase (XLM) Stellar As soon as you've found Stellar (XLM), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The “Price” field will be filled automatically with the most latest rate (XLM) Stellar was sold for. You can change this to your desired rate. The “Amount” field is the amount of XLM you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of XLM. If you're happy, click on “Buy XLM”. Your order will be filled when a Vender trades their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your Stellar (XLM), go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the given drop-down box. Enter the quantity of Stellar (XLM) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.