How to Buy Stellar (XLM) in Pakistan

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Stellar (XLM) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find (XLM) Stellar

Once your deposit has been verified, you'll directly have access to your assets and you can initiate purchasing and trading. To buy Stellar (XLM) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To discover Stellar (XLM), you will need to insert the short name of the asset (XLM) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “XLM/BTC” to proceed.

Step 4 – Purchasing Stellar (XLM)

As soon as you have located (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are going to create our Limit Order.

The “Price” field will be filled with the recent price Stellar (XLM) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of XLM you like to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole quantity of XLM.

When you are satisfied, click on “Buy XLM”. Your plan will be filled as soon as a Vendor sells their XLM for the price you submitted.

Step 5 – Withdraw (XLM) Stellar

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time period. To take off your Stellar (XLM), go to the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Stellar (XLM) by using the provided drop-down box. Put into the volumen of Stellar (XLM) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

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

Congratulations! You've successfully bought and stored (XLM) Stellar in Pakistan.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (XLM) Stellar is stored in your wallet, you are finished.