A Step-by-Step-Guide on how to buy Stellar (XLM) in New Caledonia
Step 1 – Signup to Kraken You'll first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Stellar (XLM) Once your deposit has been confirmed, you'll now have access to your funds and you can commence buying and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to spot (XLM) Stellar, you'll need to put the shortname of the coin (XLM) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we've marked this also. Click on “XLM/BTC” to continue.
Step 4 – Purchase Stellar (XLM) Once you've discovered (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our Limit Order. The “Price” field will be automatically filled with the most latest valuation (XLM) Stellar was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of XLM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of XLM. If you're satisfied, click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. In order to withdraw your (XLM) Stellar, hover over the tab called “Funds” and click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Drop in the amount of (XLM) Stellar you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.