How to Buy Stellar (XLM) in Turkmenistan

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

Step 1 – Join Kraken

You will first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your welcome Ethereum or Bitcoin.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Stellar (XLM)

Once your deposit has been affirmed, you'll now have access to your finances and you can commence invest and trading. To buy Stellar (XLM) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

To discover Stellar (XLM), you will need to insert the shortname of the coin (XLM) into the search-box, which is marked in the graphic. Be certain of having selected the correct pairing, we've highlighted this too. Click on “XLM/BTC” to progress.

Step 4 – Buying (XLM) Stellar

As soon as you have spotted (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

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

If you're glad, click on “Buy XLM”. Your plan will be filled as soon as a Vendor trades their XLM for the price you gave.

Step 5 – Withdraw (XLM) Stellar

Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (XLM) Stellar, hover over the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XLM) Stellar by using the given drop-down box. Put into the amount of Stellar (XLM) you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Kudos! You've successfully purchased and stored (XLM) Stellar in Turkmenistan.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Stellar (XLM) is stored in your wallet, you're done.