A Step-by-Step-Guide on how to buy Stellar (XLM) in Haiti
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been verified, you will directly have access to your finances and you can launch invest and trading. To purchase (XLM) Stellar on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate (XLM) Stellar, you'll need to insert the shortname of the coin (XLM) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this too. Click on “XLM/BTC” to go ahead.
Step 4 – Acquisition of (XLM) Stellar Once you've located (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Stellar (XLM) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of XLM you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of XLM. When you are satisfied, click on “Buy XLM”. Your plan will be filled when a Vendor sells their XLM for the price you offered.
Step 5 – Withdraw (XLM) Stellar Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your Stellar (XLM), go to the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Drop in the amount of (XLM) Stellar you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.