How to Buy Stellar (XLM) in Korea

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

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your first Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find (XLM) Stellar

Once your deposit has been approved, you'll directly have access to your finances and you can commence invest and trading. To buy Stellar (XLM) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot Stellar (XLM), you'll need to put the shortname of the coin (XLM) into the search-box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've marked this also. Click on “XLM/BTC” to progress.

Step 4 – Buying Stellar (XLM)

As soon as you've located (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order.

The “Price” field will be filled with the most latest tariff (XLM) Stellar was sold for. You can change this to your preferred rate. The “Amount” field is the amount of XLM you like to purchase. The “Total” field is the total price in BTC that you'll pay for the complete amount of XLM.

If you are glad, make a mouse click on “Buy XLM”. Your order will be filled when a Vender sells their XLM for the price you gave.

Step 5 – Withdraw (XLM) Stellar

Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To take off your Stellar (XLM), hover over the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Put into the volumen of (XLM) Stellar you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you're satisfied, click “Submit”. You could be requested for email/phone verification before a take off.

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

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored within your wallet, you're all done.