A Step-by-Step-Guide on how to buy Stellar (XLM) in Namibia
Step 1 – Join Kraken You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive your first Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate buying and trading. To invest in (XLM) Stellar on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (XLM) Stellar, you will need to put the short name of the asset (XLM) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we've marked this too. Click on “XLM/BTC” to proceed.
Step 4 – Buy (XLM) Stellar As soon as you have located Stellar (XLM), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The “Price” field will be filled automatically with the most latest price Stellar (XLM) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XLM you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of XLM. If you are happy, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Vendor trades their XLM for the price you submitted.
Step 5 – Withdraw Stellar (XLM) Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an longer time period. In order to withdraw your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the given drop-down box. Put into the amount of Stellar (XLM) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be asked for verfication via email/phone before a take off.