A Step-by-Step-Guide on how to buy Stellar (XLM) in Niger
Step 1 – Signup to Kraken You'll first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Stellar (XLM) Once your deposit has been affirmed, you'll directly have access to your assets and you can start purchasing and trading. To purchase (XLM) Stellar on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Stellar (XLM), you'll need to put the shortname of the coin (XLM) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “XLM/BTC” to progress.
Step 4 – Purchase Stellar (XLM) Once you have discovered (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date price Stellar (XLM) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of XLM you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of XLM. When you are glad, make a mouse 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 regularly trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To withdraw your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the provided drop-down box. Drop in the volumen of Stellar (XLM) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.