How to Buy Stellar (XLM) in Qatar

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and to get your first Ethereum or Bitcoin.

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

Your Bitcoin or Ethereum will need 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 will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate (XLM) Stellar

As soon as your deposit has been affirmed, you will now have access to your funds and you can initiate invest and trading. To buy (XLM) Stellar on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate Stellar (XLM), you will need to insert the shortname of the coin (XLM) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have marked this too. Click on “XLM/BTC” to progress.

Step 4 – Purchasing (XLM) Stellar

As soon as you have located Stellar (XLM), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The “Price” field will be filled with the most latest tariff (XLM) Stellar was traded for. This can be changed to your desired rate. The “Amount” field is the amount of XLM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole volumen of XLM.

If you are satisfied, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vender sells their XLM for the price you gave.

Step 5 – Withdraw (XLM) Stellar

Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extended period of time. In order to take off your (XLM) Stellar, hover over the tab called “Funds” and click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You've successfully bought and stored (XLM) Stellar in Qatar.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the Stellar (XLM) is safe within your wallet, you are finished.