A Step-by-Step-Guide on how to buy Stellar (XLM) in Cuba
Step 1 – Signup to Kraken You'll first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Stellar (XLM) Once your deposit has been confirmed, you'll directly have access to your finances and you can initiate purchasing and trading. To purchase (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To find (XLM) Stellar, you'll need to put the cointype (XLM) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “XLM/BTC” to proceed.
Step 4 – Purchase Stellar (XLM) Once you have spotted (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The “Price” field will be filled with the most latest valuation (XLM) Stellar was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of XLM you want to buy. The “Total” field is the whole price in BTC that you will settle for the complete quantity of XLM. When you're happy, make a mouse click on “Buy XLM”. Your plan will be filled when a Vender sells their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an longer time period. In order to take off your (XLM) Stellar, go to the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Put into the quantity of Stellar (XLM) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.