How to Buy Stellar (XLM) in Hong Kong

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome 10$.

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find (XLM) Stellar

As soon as your deposit has been affirmed, you will directly have access to your assets and you can begin buying and trading. To purchase (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

In order to locate Stellar (XLM), you'll need to insert the cointype (XLM) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “XLM/BTC” to proceed.

Step 4 – Purchase (XLM) Stellar

After you've found Stellar (XLM), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our Limit Order.

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

When you are glad, click on “Buy XLM”. Your order will be filled as soon as a Seller sells their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you are regularly trading, never keep your crypto coins on an Exchange for an extensive time period. In order to withdraw your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Enter the amount of (XLM) Stellar you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Kudos! You've successfully purchased and stored Stellar (XLM) in Hong Kong.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe within your wallet, you are done.