A Step-by-Step-Guide on how to buy Stellar (XLM) in Saint Vincent And The Grenadines
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your first Ethereum or Bitcoin.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find (XLM) Stellar Once your deposit has been affirmed, you will immediately have access to your finances and you can launch invest and trading. To invest in Stellar (XLM) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot (XLM) Stellar, 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 correct grouping, we've highlighted this also. Click on “XLM/BTC” to go ahead.
Step 4 – Acquisition of (XLM) Stellar As soon as you've found (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled with the recent price Stellar (XLM) was sold for. This can be changed to your favoured price. 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. If you're glad, click on “Buy XLM”. Your plan will be filled as soon as a Vender sells 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 withdraw your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, e.g. 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 withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.