A Step-by-Step-Guide on how to buy Stellar (XLM) in Portugal
Step 1 – Signup to Kraken You will first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (XLM) Stellar Once your deposit has been confirmed, you will now have access to your assets and you can start purchasing and trading. To purchase (XLM) Stellar on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to spot Stellar (XLM), you'll need to put the cointype (XLM) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “XLM/BTC” to continue.
Step 4 – Purchase Stellar (XLM) After you have spotted Stellar (XLM), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the latest price (XLM) Stellar was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XLM you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of XLM. If you're satisfied, make a mouse click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you introduced.
Step 5 – Withdraw Stellar (XLM) Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. To withdraw your (XLM) Stellar, hover over the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the given drop-down box. Enter the volumen of (XLM) Stellar you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.