How to Buy Stellar (XLM) in Japan

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual)

Make sure you have chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate (XLM) Stellar

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

In order to locate Stellar (XLM), you will need to insert the cointype (XLM) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we have highlighted this also. Click on “XLM/BTC” to continue.

Step 4 – Purchasing (XLM) Stellar

Once you have located Stellar (XLM), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our Limit Order.

The “Price” field will be filled with the recent price (XLM) Stellar was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of XLM you like to purchase. The “Total” field is the whole price in BTC that you'll pay for the whole quantity of XLM.

If you are satisfied, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Vender sells their XLM for the price you offered.

Step 5 – Withdraw (XLM) Stellar

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

Locate (XLM) Stellar by using the given drop-down box. Drop in the volumen of (XLM) Stellar you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

When you are glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congratulations! You've successfully purchased and safed Stellar (XLM) in Japan.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Stellar (XLM) is stored inside your wallet, you're done.