A Step-by-Step-Guide on how to buy Stellar (XLM) in Saint Barthelemy
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Stellar (XLM) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Stellar (XLM) As soon as your deposit has been approved, you will directly have access to your finances and you can initiate invest and trading. To buy Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To locate Stellar (XLM), you'll need to put the cointype (XLM) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “XLM/BTC” to proceed.
Step 4 – Purchase (XLM) Stellar As soon as you've spotted (XLM) Stellar, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff (XLM) Stellar was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of XLM you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of XLM. When you're glad, click on “Buy XLM”. Your plan will be filled when a Vender sells their XLM for the price you offered.
Step 5 – Withdraw Stellar (XLM) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extensive time frame. To take off your (XLM) Stellar, go to the “Funds” tab and mouse click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the given drop-down box. Drop in the quantity of Stellar (XLM) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.