How to Buy Stellar (XLM) in Syria

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

Step 1 – Join Kraken

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and receive your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Stellar (XLM)

As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can launch purchasing and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to find (XLM) Stellar, you will need to put the short name of the asset (XLM) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have marked this too. Click on “XLM/BTC” to continue.

Step 4 – Purchase Stellar (XLM)

Once you've located Stellar (XLM), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to make our own Limit Order.

The “Price” field will be filled automatically with the up-to-date price Stellar (XLM) was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of XLM you like to purchase. The “Total” field is the whole price in BTC that you'll pay for the whole quantity of XLM.

When you are glad, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vendor sells their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer period of time. To withdraw your Stellar (XLM), go to the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Drop in the amount of (XLM) Stellar you would like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click on “Submit”. You could be asked for verfication via email/phone before a take off.

Congrats! You have successfully purchased and stored Stellar (XLM) in Syria.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (XLM) Stellar is stored in your wallet, you are finished.