A Step-by-Step-Guide on how to buy Stellar (XLM) in Jordan
Step 1 – Signup to Kraken You will first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and getting your first Bitcoin or Ethereum.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Stellar (XLM) Once your deposit has been affirmed, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in (XLM) Stellar on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate (XLM) Stellar, you will need to insert the shortname of the coin (XLM) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we have highlighted this too. Click on “XLM/BTC” to continue.
Step 4 – Purchase Stellar (XLM) As soon as you've found (XLM) Stellar, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled with the up-to-date price Stellar (XLM) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of XLM you like to buy. The “Total” field is the whole price in BTC that you'll pay for the complete quantity of XLM. If you are satisfied, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Vendor sells their XLM for the price you offered.
Step 5 – Withdraw (XLM) Stellar Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive period of time. To take off your (XLM) Stellar, go to the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the given drop-down box. Enter the amount of (XLM) Stellar you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.