A Step-by-Step-Guide on how to buy Stellar (XLM) in Macau
Step 1 – Signup to Kraken You will first need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your first Ethereum or Bitcoin.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader 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? (Just follow this guide) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (XLM) Stellar As soon as your deposit has been approved, you will now have access to your finances and you can begin invest and trading. To purchase Stellar (XLM) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To discover Stellar (XLM), you'll need to insert the cointype (XLM) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “XLM/BTC” to proceed.
Step 4 – Buy Stellar (XLM) Once you've located (XLM) Stellar, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our Limit Order. The “Price” field will be filled with the latest tariff (XLM) Stellar was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XLM you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of XLM. If you are happy, make a mouse click on “Buy XLM”. Your order will be filled when a Vendor trades their XLM for the price you introduced.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, never keep your crypto on an Exchange for an extended period of time. In order to take off your Stellar (XLM), go to the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Drop in the quantity of Stellar (XLM) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You could be requested for phone/email verification before a withdrawal.