How to Buy Stellar (XLM) in Oman

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your first 10$.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (XLM) Stellar

Once your deposit has been confirmed, you'll instantly have access to your funds and you can begin invest and trading. To purchase Stellar (XLM) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

To locate (XLM) Stellar, you'll need to put the shortname of the coin (XLM) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we have marked this also. Click on “XLM/BTC” to advance.

Step 4 – Acquisition of Stellar (XLM)

As soon as you have found Stellar (XLM), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're making our Limit Order.

The “Price” field will be filled automatically with the most recent price Stellar (XLM) was traded for. You can change this to your desired price. The “Amount” field is the quantity of XLM you wish to buy. The “Total” field is the whole price in BTC that you will settle for the whole quantity of XLM.

When you are happy, click on “Buy XLM”. Your order will be filled when a Vendor sells their XLM for the price you submitted.

Step 5 – Withdraw Stellar (XLM)

Unless you are regularly trading, best advise is not to keep coins on an Exchange for an longer period of time. In order to withdraw your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Stellar (XLM) by using the provided drop-down box. Drop in the volumen of (XLM) Stellar you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Congratulations! You've successfully purchased and stored (XLM) Stellar in Oman.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the Stellar (XLM) is safe inside your wallet, you're finished.