How to Buy Stellar (XLM) in Romania

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

Step 1 – Signup to Kraken

You will first need to buy one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Funds to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find Stellar (XLM)

Once your deposit has been verified, you will now have access to your assets and you can start buying and trading. To invest in (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

In order to find Stellar (XLM), you will need to insert the short name of the asset (XLM) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've highlighted this too. Click on “XLM/BTC” to go on.

Step 4 – Acquisition of (XLM) Stellar

As soon as you have spotted (XLM) Stellar, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're making our Limit Order.

The “Price” field will be filled with the most recent rate Stellar (XLM) was sold for. This can be changed to your preferred price. The “Amount” field is the amount of XLM you wish to purchase. The “Total” field is the total price in BTC that you will pay for the complete volumen of XLM.

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

Step 5 – Withdraw Stellar (XLM)

Unless you are trading, you should never keepyour crypto on an Crypto Exchange for an longer period of time. To take off your Stellar (XLM), hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you're happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You've successfully purchased and safed Stellar (XLM) in Romania.

That's it!

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