How to Buy Stellar (XLM) in Peru

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

Step 1 – Join Kraken

In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your Funds to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate Stellar (XLM)

Once your deposit has been confirmed, you will now have access to your assets and you can launch purchasing and trading. To invest in Stellar (XLM) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to spot (XLM) Stellar, you'll need to put the cointype (XLM) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we have marked this also. Click on “XLM/BTC” to continue.

Step 4 – Purchasing Stellar (XLM)

As soon as you've spotted (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order.

The “Price” field will be automatically filled with the most up-to-date valuation Stellar (XLM) was sold for. You can change this to your favoured price. The “Amount” field is the amount of XLM you want to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole quantity of XLM.

If you are happy, make a mouse click on “Buy XLM”. Your order will be filled when a Seller trades their XLM for the price you offered.

Step 5 – Withdraw (XLM) Stellar

Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extended time frame. To take off your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Stellar (XLM) by using the given drop-down box. Put into the volumen of Stellar (XLM) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you are satisfied, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Kudos! You have successfully purchased and safed (XLM) Stellar in Peru.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe in your wallet, you are finished.