How to Buy Stellar (XLM) in Uganda

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome $10.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Find (XLM) Stellar

As soon as your deposit has been approved, you will instantly have access to your finances and you can launch buying and trading. To purchase (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

In order to locate (XLM) Stellar, you'll need to put the short name of the asset (XLM) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “XLM/BTC” to progress.

Step 4 – Purchase Stellar (XLM)

Once you've discovered (XLM) Stellar, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the recent rate (XLM) Stellar was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XLM you like to purchase. The “Total” field is the whole price in BTC that you'll settle 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 Vender sells their XLM for the price you gave.

Step 5 – Withdraw Stellar (XLM)

Unless you're trading, never keep your crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your Stellar (XLM), hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XLM) Stellar by using the given drop-down box. Enter the amount of Stellar (XLM) you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.

Kudos! You've successfully bought and stored (XLM) Stellar in Uganda.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe inside your wallet, you're all done.