How to Buy Stellar (XLM) in Turkey

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. 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 Cryptocurrency Exchange? (Follow this guide)

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

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find (XLM) Stellar

As soon as your deposit has been confirmed, you'll directly have access to your finances and you can begin invest and trading. To purchase (XLM) Stellar on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To discover (XLM) Stellar, you'll need to insert the shortname of the coin (XLM) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have marked this too. Click on “XLM/BTC” to go on.

Step 4 – Purchasing Stellar (XLM)

After you've located (XLM) Stellar, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our Limit Order.

The “Price” field will be filled automatically with the up-to-date tariff (XLM) Stellar was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XLM you like to purchase. The “Total” field is the total price in Bitcoin that you will settle for the complete amount of XLM.

If you are satisfied, click on “Buy XLM”. Your plan will be filled as soon as a Seller sells their XLM for the price you introduced.

Step 5 – Withdraw Stellar (XLM)

Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your Stellar (XLM), go to the tab called “Funds” and click on “Withdraw”. (XLM) Stellar can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you're happy, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Kudos! You have successfully purchased and stored (XLM) Stellar in Turkey.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Stellar (XLM) is stored inside your wallet, you are done.