A Step-by-Step-Guide on how to buy Stellar (XLM) in Gambia
Step 1 – Join Kraken You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (XLM) Stellar Once your deposit has been confirmed, you will directly have access to your funds and you can initiate purchasing and trading. To purchase Stellar (XLM) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to find (XLM) Stellar, you'll need to insert the shortname of the coin (XLM) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “XLM/BTC” to proceed.
Step 4 – Purchasing (XLM) Stellar As soon as you've found (XLM) Stellar, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order. The “Price” field will be automatically filled with the up-to-date tariff Stellar (XLM) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of XLM you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of XLM. If you're happy, click on “Buy XLM”. Your plan will be filled when a Seller trades their XLM for the price you offered.
Step 5 – Withdraw Stellar (XLM) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your Stellar (XLM), hover over the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the given drop-down box. Put into the volumen of (XLM) Stellar you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email before a take off.