A Step-by-Step-Guide on how to buy Stellar (XLM) in South Sudan
Step 1 – Signup to Kraken You'll first need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. 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 Exchange? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (XLM) Stellar As soon as your deposit has been confirmed, you will now have access to your finances and you can begin invest and trading. To invest in Stellar (XLM) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to locate (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 correct grouping, we have marked this also. Click on “XLM/BTC” to advance.
Step 4 – Buying Stellar (XLM) As soon as you have found (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled with the latest rate Stellar (XLM) was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of XLM you like to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole volumen of XLM. If you are satisfied, make a mouse click on “Buy XLM”. Your plan will be filled when a Vendor trades their XLM for the price you offered.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. To withdraw your (XLM) Stellar, hover over the tab called “Funds” and mouse click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Drop in the quantity of Stellar (XLM) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.