A Step-by-Step-Guide on how to buy Stellar (XLM) in Ireland
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 10 Dollar.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Stellar (XLM) As soon as your deposit has been affirmed, you will directly have access to your finances and you can launch buying and trading. To invest in (XLM) Stellar on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. In order to discover (XLM) Stellar, you will need to insert the short name of the asset (XLM) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “XLM/BTC” to progress.
Step 4 – Purchase Stellar (XLM) As soon as you've found (XLM) Stellar, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The “Price” field will be filled automatically with the most recent price Stellar (XLM) was sold for. You can change this to your preferred price. The “Amount” field is the amount of XLM you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole amount of XLM. If you're glad, click on “Buy XLM”. Your order will be filled as soon as a Seller sells their XLM for the price you submitted.
Step 5 – Withdraw Stellar (XLM) Unless you're frequently trading, best advise is not to keep coins on an Exchange for an longer period of time. In order to take off your (XLM) Stellar, 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. Enter the amount of Stellar (XLM) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.