How to Buy Stellar (XLM) in Saint Pierre And Miquelon

A Step-by-Step-Guide on how to buy Stellar (XLM) in Saint Pierre And Miquelon

Step 1 – Signup to CEX.io

You'll first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Stellar (XLM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find (XLM) Stellar

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

To spot Stellar (XLM), you'll need to insert the short name of the asset (XLM) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “XLM/BTC” to proceed.

Step 4 – Purchase (XLM) Stellar

Once you have found (XLM) Stellar, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The “Price” field will be filled with the latest rate (XLM) Stellar was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of XLM you like to purchase. The “Total” field is the whole price in BTC that you will pay for the complete amount of XLM.

If you are glad, make a mouse click on “Buy XLM”. Your plan will be filled when a Vendor trades their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To take off your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Drop in the amount of (XLM) Stellar you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You have successfully bought and stored Stellar (XLM) in Saint Pierre And Miquelon.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Stellar (XLM) is safe in your wallet, you're finished.