How to Buy Stellar (XLM) in Sint Maarten

A Step-by-Step-Guide on how to buy Stellar (XLM) in Sint Maarten

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome 10$.

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 Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Stellar (XLM)

As soon as your deposit has been verified, you'll now have access to your funds and you can initiate buying and trading. To buy (XLM) Stellar on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot Stellar (XLM), you'll need to insert the shortname of the coin (XLM) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have marked this also. Click on “XLM/BTC” to proceed.

Step 4 – Purchasing Stellar (XLM)

As soon as you have discovered Stellar (XLM), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our Limit Order.

The field with the “Price” tag will be filled with the latest price Stellar (XLM) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of XLM you wish to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the whole quantity of XLM.

When you're happy, click on “Buy XLM”. Your plan will be filled as soon as a Seller trades their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. To withdraw your (XLM) Stellar, hover over the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the given drop-down box. Put into the quantity of Stellar (XLM) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully bought and stored Stellar (XLM) in Sint Maarten.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (XLM) Stellar is stored in your wallet, you are done.