How to Buy Stellar (XLM) in Spain

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

Step 1 – Signup to Kraken

You will first need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Stellar (XLM)

Once your deposit has been approved, you'll instantly have access to your assets and you can start invest and trading. To buy Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to spot Stellar (XLM), you will need to put the shortname of the coin (XLM) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “XLM/BTC” to proceed.

Step 4 – Acquisition of Stellar (XLM)

As soon as you have discovered (XLM) Stellar, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're creating our own Limit Order.

The “Price” field will be automatically filled with the most recent tariff Stellar (XLM) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XLM you like to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of XLM.

When you're glad, make a mouse click on “Buy XLM”. Your order will be filled when a Vendor trades their XLM for the price you submitted.

Step 5 – Withdraw Stellar (XLM)

Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive period of time. To take off your (XLM) Stellar, hover over the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the provided drop-down box. Drop in the quantity of (XLM) Stellar you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, click “Submit”. You may be asked for phone/email verification ahead of a take off.

Congrats! You have successfully bought and safed Stellar (XLM) in Spain.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (XLM) Stellar is stored in your wallet, you are all done.