How to Buy Stellar (XLM) in Czechia

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

Step 1 – Signup to CEX.io

You'll first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Stellar (XLM) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate Stellar (XLM)

Once your deposit has been affirmed, you will directly have access to your finances and you can launch purchasing and trading. To invest in Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

In order to find (XLM) Stellar, you will need to put the cointype (XLM) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “XLM/BTC” to continue.

Step 4 – Purchasing (XLM) Stellar

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 Limit Order.

The field with the “Price” tag will be filled with the recent valuation (XLM) Stellar was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of XLM you want to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the whole quantity of XLM.

When you are glad, make a mouse click on “Buy XLM”. Your order will be filled when a Vendor trades their XLM for the price you submitted.

Step 5 – Withdraw (XLM) Stellar

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extensive period of time. To withdraw your Stellar (XLM), go to the “Funds” tab and mouse click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the given drop-down box. Put into the amount of (XLM) Stellar you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

When you are happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congrats! You've successfully bought and stored Stellar (XLM) in Czechia.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe in your wallet, you are finished.