A Step-by-Step-Guide on how to buy Stellar (XLM) in Germany
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your welcome $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum will need 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're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (XLM) Stellar Once your deposit has been affirmed, you'll immediately have access to your assets and you can start purchasing and trading. To purchase Stellar (XLM) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”. To find (XLM) Stellar, you will need to put the cointype (XLM) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've marked this also. Click on “XLM/BTC” to advance.
Step 4 – Purchase (XLM) Stellar After you have found Stellar (XLM), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our own Limit Order. The “Price” field will be automatically filled with the most latest tariff (XLM) Stellar was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XLM you wish to purchase. The “Total” field is the whole price in BTC that you'll pay for the whole amount of XLM. When you're glad, make a mouse click on “Buy XLM”. Your order will be filled when a Vender sells their XLM for the price you introduced.
Step 5 – Withdraw (XLM) Stellar Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. To withdraw your Stellar (XLM), go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the given drop-down box. Drop in the amount of Stellar (XLM) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You could be requested for email/phone verification before a take off.