A Step-by-Step-Guide on how to buy Stellar (XLM) in San Marino
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Stellar (XLM) Once your deposit has been approved, you will instantly have access to your finances and you can launch invest and trading. To purchase (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To spot (XLM) Stellar, you'll need to insert the shortname of the coin (XLM) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we've marked this also. Click on “XLM/BTC” to go ahead.
Step 4 – Purchase Stellar (XLM) As soon as you have located Stellar (XLM), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order. The “Price” field will be filled with the recent valuation (XLM) Stellar was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of XLM you wish to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of XLM. When you're happy, click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you gave.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the provided drop-down box. Enter the amount of Stellar (XLM) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.