A Step-by-Step-Guide on how to buy Stellar (XLM) in Saint Lucia
Step 1 – Join Kraken You'll first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Stellar (XLM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Stellar (XLM) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate purchasing and trading. To buy Stellar (XLM) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover (XLM) Stellar, you will need to put the cointype (XLM) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this also. Click on “XLM/BTC” to go ahead.
Step 4 – Buy (XLM) Stellar After you've discovered (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The “Price” field will be filled automatically with the latest rate (XLM) Stellar was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XLM you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of XLM. When you are happy, make a mouse click on “Buy XLM”. Your order will be filled when a Vendor sells their XLM for the price you offered.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. In order to withdraw your (XLM) Stellar, go to the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Drop in 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 correct withdraw address. If you are happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.