How to Buy Stellar (XLM) in Morocco

A Step-by-Step-Guide on how to buy Stellar (XLM) in Morocco

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and receive your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your Bitcoin or Ethereum 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 will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find Stellar (XLM)

Once your deposit has been confirmed, you will now have access to your assets and you can commence invest and trading. To invest in (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

To find (XLM) Stellar, you will need to insert the shortname of the coin (XLM) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we have marked this too. Click on “XLM/BTC” to progress.

Step 4 – Purchasing Stellar (XLM)

After you've spotted (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The “Price” field will be filled automatically with the latest price (XLM) Stellar was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of XLM you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of XLM.

If you're happy, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vender trades their XLM for the price you introduced.

Step 5 – Withdraw Stellar (XLM)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extended time frame. In order to take off your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XLM) Stellar by using the provided drop-down box. Enter the amount of Stellar (XLM) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and safed (XLM) Stellar in Morocco.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Stellar (XLM) is safe inside your wallet, you are finished.