A Step-by-Step-Guide on how to buy Stellar (XLM) in Mayotte
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and getting your first 10$.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange 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 Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate (XLM) Stellar Once your deposit has been verified, you will immediately have access to your assets and you can commence invest and trading. To buy (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to discover (XLM) Stellar, you'll need to insert the short name of the asset (XLM) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have marked this too. Click on “XLM/BTC” to advance.
Step 4 – Acquisition of (XLM) Stellar After you have spotted Stellar (XLM), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The “Price” field will be filled automatically with the most up-to-date valuation Stellar (XLM) 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 total price in Bitcoin that you'll settle for the whole quantity of XLM. If you're satisfied, make a mouse click on “Buy XLM”. Your plan will be filled when a Vendor sells their XLM for the price you gave.
Step 5 – Withdraw (XLM) Stellar Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time period. In order to take off your Stellar (XLM), go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the given drop-down box. Drop in the quantity of Stellar (XLM) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.