A Step-by-Step-Guide on how to buy Stellar (XLM) in French Guiana
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your welcome Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate (XLM) Stellar As soon as your deposit has been affirmed, you will instantly have access to your assets and you can launch purchasing and trading. To buy Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to discover Stellar (XLM), you'll need to put the cointype (XLM) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “XLM/BTC” to advance.
Step 4 – Purchasing Stellar (XLM) Once you've discovered (XLM) Stellar, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the latest price (XLM) Stellar was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of XLM you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of XLM. If you're satisfied, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vender trades their XLM for the price you introduced.
Step 5 – Withdraw Stellar (XLM) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time period. In order to take off your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the provided drop-down box. Drop in the volumen of (XLM) Stellar you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click on “Submit”. You could be requested for email/phone verification before a take off.