A Step-by-Step-Guide on how to buy Stellar (XLM) in Samoa
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. 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 Exchange? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been verified, you'll now have access to your assets and you can begin buying and trading. To invest in (XLM) Stellar on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to spot (XLM) Stellar, you will need to insert the cointype (XLM) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have marked this also. Click on “XLM/BTC” to go ahead.
Step 4 – Buy Stellar (XLM) Once you've located Stellar (XLM), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation (XLM) Stellar was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of XLM you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of XLM. If you're satisfied, click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you offered.
Step 5 – Withdraw Stellar (XLM) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time period. To take off your Stellar (XLM), hover over the “Funds” tab and 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. Put into the volumen of Stellar (XLM) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.