A Step-by-Step-Guide on how to buy Stellar (XLM) in Mauritania
Step 1 – Signup to Kraken You will first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (XLM) Stellar As soon as your deposit has been affirmed, you will now have access to your finances and you can launch invest and trading. To purchase Stellar (XLM) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate Stellar (XLM), you'll need to insert the cointype (XLM) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have marked this too. Click on “XLM/BTC” to proceed.
Step 4 – Acquisition of (XLM) Stellar Once you have discovered (XLM) Stellar, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The “Price” field will be filled automatically with the most recent price Stellar (XLM) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of XLM you like to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of XLM. When you're glad, make a mouse 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 (XLM) Stellar Unless you're trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to take off your Stellar (XLM), go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the given drop-down box. Drop in the amount of Stellar (XLM) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.