A Step-by-Step-Guide on how to buy Stellar (XLM) in Slovenia
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your first Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
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 purchasing and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. To locate Stellar (XLM), you will need to insert the short name of the asset (XLM) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “XLM/BTC” to go ahead.
Step 4 – Purchase (XLM) Stellar After you've discovered (XLM) Stellar, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation (XLM) Stellar was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of XLM you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of XLM. If you're glad, click on “Buy XLM”. Your order will be filled when a Vendor sells their XLM for the price you introduced.
Step 5 – Withdraw (XLM) Stellar Unless you're regularly trading, never keep your crypto coins on an Exchange for an extensive time frame. To withdraw your Stellar (XLM), go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the given drop-down box. Enter the quantity of Stellar (XLM) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You could be asked for phone/email verification before a take off.