A Step-by-Step-Guide on how to buy Stellar (XLM) in Egypt
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (XLM) Stellar Once your deposit has been approved, you'll instantly have access to your assets and you can begin purchasing and trading. To buy (XLM) Stellar on Binance, you will want to hover over the tab which is called “Exchange” and then mouse 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 picture. Make sure you have selected the correct grouping, we have marked this too. Click on “XLM/BTC” to advance.
Step 4 – Acquisition of Stellar (XLM) After you have found Stellar (XLM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order. The “Price” field will be filled with the most latest price Stellar (XLM) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of XLM you wish to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of XLM. When you're satisfied, click on “Buy XLM”. Your order will be filled as soon as a Seller trades their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency 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 securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Put into the amount of (XLM) Stellar you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, click “Submit”. You could be asked for verfication via phone/email before a take off.