A Step-by-Step-Guide on how to buy Stellar (XLM) in Maldives
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Stellar (XLM) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Stellar (XLM) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can commence buying and trading. To invest in Stellar (XLM) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. To locate Stellar (XLM), you will need to put the short name of the asset (XLM) into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “XLM/BTC” to proceed.
Step 4 – Buying (XLM) Stellar As soon as you have located (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest price Stellar (XLM) was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of XLM you want to buy. The “Total” field is the total price in BTC that you'll pay for the complete quantity of XLM. When you're satisfied, click on “Buy XLM”. Your plan will be filled as soon as a Vendor trades their XLM for the price you submitted.
Step 5 – Withdraw Stellar (XLM) Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer time frame. In order to withdraw your Stellar (XLM), hover over the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Drop in the quantity of Stellar (XLM) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.