How to Buy Stellar (XLM) in Luxembourg

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

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your welcome 10 Dollar.

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (XLM) Stellar

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

To discover Stellar (XLM), you'll need to insert the cointype (XLM) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “XLM/BTC” to advance.

Step 4 – Buy Stellar (XLM)

As soon as you've spotted (XLM) Stellar, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent price 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 purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of XLM.

If you are happy, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Seller trades their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To withdraw your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Enter the amount of Stellar (XLM) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.

Congrats! You've successfully purchased and stored Stellar (XLM) in Luxembourg.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored within your wallet, you're finished.