A Step-by-Step-Guide on how to buy Stellar (XLM) in Suriname
Step 1 – Join Kraken You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Stellar (XLM) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (XLM) Stellar Once your deposit has been verified, you'll directly have access to your finances and you can launch invest and trading. To buy Stellar (XLM) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To spot Stellar (XLM), you'll need to put the short name of the asset (XLM) into the search box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this too. Click on “XLM/BTC” to proceed.
Step 4 – Buy (XLM) Stellar As soon as you have discovered Stellar (XLM), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (XLM) Stellar was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of XLM you like to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of XLM. If you're glad, make a mouse click on “Buy XLM”. Your plan will be filled when a Vender sells their XLM for the price you offered.
Step 5 – Withdraw Stellar (XLM) Unless you're trading, never keep your coins on an Exchange for an longer time frame. In order to withdraw your Stellar (XLM), go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Put into the amount of Stellar (XLM) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.