A Step-by-Step-Guide on how to buy Stellar (XLM) in Tuvalu
Step 1 – Signup to Kraken You will first need to buy one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and to get your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Stellar (XLM) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find (XLM) Stellar As soon as your deposit has been approved, you will now have access to your funds and you can begin purchasing and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (XLM) Stellar, you will need to put the shortname of the coin (XLM) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “XLM/BTC” to progress.
Step 4 – Acquisition of (XLM) Stellar As soon as you've discovered (XLM) Stellar, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Stellar (XLM) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of XLM you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of XLM. When you are satisfied, make a mouse click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you introduced.
Step 5 – Withdraw (XLM) Stellar Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extensive period of time. In order to withdraw your Stellar (XLM), hover over the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the provided drop-down box. Enter the quantity of (XLM) Stellar you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.