A Step-by-Step-Guide on how to buy Stellar (XLM) in Guam
Step 1 – Signup to Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your first Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (XLM) Stellar Once your deposit has been affirmed, you will immediately have access to your assets and you can commence invest and trading. To purchase Stellar (XLM) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find (XLM) Stellar, you'll need to insert the short name of the asset (XLM) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this too. Click on “XLM/BTC” to proceed.
Step 4 – Buying Stellar (XLM) After you've discovered Stellar (XLM), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're going to make our Limit Order. The “Price” field will be automatically filled with the most recent rate Stellar (XLM) was sold for. You can change this to your favoured price. The “Amount” field is the volumen of XLM you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of XLM. When you're happy, 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 Stellar (XLM) Unless you're regularly trading, never keep your coins on an Crypto Exchange for an longer time frame. In order to withdraw your Stellar (XLM), hover over the tab called “Funds” and mouse 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. Put into the quantity of Stellar (XLM) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.