A Step-by-Step-Guide on how to buy Stellar (XLM) in India
Step 1 – Join Kraken You'll first need to purchase units of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get your welcome Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible 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 manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (XLM) Stellar Once your deposit has been confirmed, you'll directly have access to your finances and you can start invest and trading. To purchase (XLM) Stellar on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (XLM) Stellar, you'll need to put the short name of the asset (XLM) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we've marked this also. Click on “XLM/BTC” to progress.
Step 4 – Buying (XLM) Stellar Once you have discovered Stellar (XLM), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our Limit Order. The “Price” field will be filled automatically with the most recent tariff Stellar (XLM) was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of XLM you wish to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of XLM. When you are glad, make a mouse click on “Buy XLM”. Your plan will be filled when a Vendor trades their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you're trading, never keep your coins on an Crypto Trader for an longer time frame. In order to take off your Stellar (XLM), go to the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the given drop-down box. Enter the quantity of (XLM) Stellar you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, click “Submit”. You may be requested for phone/email verification ahead of a take off.