How to Buy Stellar (XLM) in Ghana

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

Step 1 – Signup to Kraken

You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive your welcome Ethereum or Bitcoin.

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find (XLM) Stellar

Once your deposit has been verified, you'll immediately have access to your assets and you can commence invest and trading. To purchase Stellar (XLM) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate (XLM) Stellar, you will need to insert the short name of the asset (XLM) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “XLM/BTC” to progress.

Step 4 – Purchasing (XLM) Stellar

Once you've discovered (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date valuation Stellar (XLM) was sold for. This can be changed to your desired price. The “Amount” field is the quantity of XLM you want to buy. The “Total” field is the aggregated price in BTC that you will settle for the complete volumen of XLM.

When you're happy, 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 are regularly trading, never keep your crypto on an Crypto Trader for an extensive period of time. In order to withdraw your (XLM) Stellar, hover over the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the given drop-down box. Enter the amount of Stellar (XLM) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congrats! You have successfully purchased and stored Stellar (XLM) in Ghana.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Stellar (XLM) is stored within your wallet, you are finished.