How to Buy Stellar (XLM) in Timor-Leste

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your welcome 10 Dollar.

Step 2 – Send Your Ethereum or Bitcoin to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (XLM) Stellar

Once your deposit has been approved, you will directly have access to your assets and you can initiate purchasing and trading. To buy (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To discover Stellar (XLM), you'll need to insert the short name of the asset (XLM) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we've highlighted this also. Click on “XLM/BTC” to go ahead.

Step 4 – Buy (XLM) Stellar

Once you have located (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff (XLM) Stellar was sold for. This can be changed to your preferred price. The “Amount” field is the quantity of XLM you wish to buy. The “Total” field is the aggregated price in BTC that you'll settle for the whole quantity of XLM.

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

Step 5 – Withdraw Stellar (XLM)

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To withdraw your (XLM) Stellar, go to the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the provided drop-down box. Enter the volumen of (XLM) Stellar you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.

Kudos! You've successfully purchased and stored (XLM) Stellar in Timor-Leste.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored in your wallet, you are all done.