How to Buy Stellar (XLM) in Indonesia

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

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange 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 Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find (XLM) Stellar

Once your deposit has been confirmed, you will now have access to your funds and you can begin invest and trading. To invest in Stellar (XLM) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To find Stellar (XLM), you'll need to insert the cointype (XLM) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we've highlighted this also. Click on “XLM/BTC” to progress.

Step 4 – Purchasing (XLM) Stellar

As soon as you have found Stellar (XLM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our Limit Order.

The “Price” field will be filled with the most up-to-date rate Stellar (XLM) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of XLM you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of XLM.

When you are satisfied, click on “Buy XLM”. Your plan will be filled as soon as a Seller trades their XLM for the price you offered.

Step 5 – Withdraw (XLM) Stellar

Unless you're trading, best advise is not to keep your coins on an Crypto Trader for an extensive time period. To take off your Stellar (XLM), hover over the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Stellar (XLM) by using the provided drop-down box. Put into the quantity of Stellar (XLM) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you are glad, click “Submit”. You may be asked for verfication via phone/email before a take off.

Congrats! You've successfully bought and safed (XLM) Stellar in Indonesia.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Stellar (XLM) is safe in your wallet, you are done.