How to Buy Stellar (XLM) in Italy

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your welcome Bitcoin or Ethereum.

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. 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 these easy steps)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate (XLM) Stellar

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

To spot Stellar (XLM), you'll need to insert the short name of the asset (XLM) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “XLM/BTC” to progress.

Step 4 – Buy Stellar (XLM)

After you have spotted (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate Stellar (XLM) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of XLM you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of XLM.

When you're happy, make a mouse click on “Buy XLM”. Your order will be filled when a Seller sells their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your Stellar (XLM), go to the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Stellar (XLM) by using the given drop-down box. Put into the quantity of Stellar (XLM) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Congrats! You've successfully purchased and safed Stellar (XLM) in Italy.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe in your wallet, you are all done.