A Step-by-Step-Guide on how to buy Stellar (XLM) in Maldives
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader 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. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (XLM) Stellar Once your deposit has been affirmed, you'll instantly have access to your finances and you can commence invest and trading. To purchase (XLM) Stellar on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. To locate (XLM) Stellar, you'll need to insert the cointype (XLM) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we've highlighted this also. Click on “XLM/BTC” to progress.
Step 4 – Buy Stellar (XLM) Once you have discovered Stellar (XLM), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The “Price” field will be filled automatically with the latest price (XLM) Stellar was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of XLM you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of XLM. When you're satisfied, click on “Buy XLM”. Your plan will be filled when a Seller sells their XLM for the price you introduced.
Step 5 – Withdraw (XLM) Stellar Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an longer time frame. In order to take off your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be safely stored using a Wallet, e.g. 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. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.