How to Buy Stellar (XLM) in Greece

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

Step 1 – Signup to Kraken

You'll first need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get your first Bitcoin or Ethereum.

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Locate Stellar (XLM)

As soon as your deposit has been affirmed, you will directly have access to your funds and you can begin purchasing and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the “Exchange” tab and click on “Basic”.

To spot (XLM) Stellar, you will need to insert the cointype (XLM) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “XLM/BTC” to advance.

Step 4 – Purchasing (XLM) Stellar

After you've located (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our Limit Order.

The field with the “Price” tag will be filled with the most latest tariff Stellar (XLM) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XLM you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of XLM.

If you're glad, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vender trades their XLM for the price you gave.

Step 5 – Withdraw (XLM) Stellar

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Stellar (XLM), hover over the tab called “Funds” and click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XLM) Stellar by using the provided drop-down box. Enter the amount of (XLM) Stellar you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

Kudos! You have successfully purchased and stored (XLM) Stellar in Greece.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored inside your wallet, you are all done.