A Step-by-Step-Guide on how to buy Stellar (XLM) in Norway
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Stellar (XLM) Once your deposit has been confirmed, you'll instantly have access to your assets and you can start invest and trading. To invest in Stellar (XLM) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. To discover (XLM) Stellar, you will need to put the shortname of the coin (XLM) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we've highlighted this too. Click on “XLM/BTC” to progress.
Step 4 – Buy Stellar (XLM) Once you have spotted Stellar (XLM), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to make our Limit Order. The “Price” field will be filled automatically with the most recent tariff Stellar (XLM) was sold for. You can change this to your desired rate. The “Amount” field is the volumen of XLM you want to buy. The “Total” field is the total price in BTC that you will settle for the complete volumen of XLM. When you are glad, click on “Buy XLM”. Your order will be filled when a Vendor trades their XLM for the price you gave.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the given drop-down box. Drop in the amount of Stellar (XLM) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.