A Step-by-Step-Guide on how to buy Stellar (XLM) in Slovakia
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you want 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 working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been verified, you'll immediately have access to your assets and you can commence buying and trading. To invest in Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. To discover Stellar (XLM), you will need to insert the cointype (XLM) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “XLM/BTC” to continue.
Step 4 – Buy Stellar (XLM) As soon as you've discovered (XLM) Stellar, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the latest valuation (XLM) Stellar was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of XLM you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the complete amount of XLM. When you're happy, make a mouse click on “Buy XLM”. Your plan will be filled when a Seller sells their XLM for the price you introduced.
Step 5 – Withdraw Stellar (XLM) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. In order to take off your (XLM) Stellar, hover over the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the given drop-down box. Put into the volumen of Stellar (XLM) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.