A Step-by-Step-Guide on how to buy Stellar (XLM) in Ukraine
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto 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 sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (XLM) Stellar As soon as your deposit has been approved, you'll directly have access to your assets and you can commence invest and trading. To purchase Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To locate (XLM) Stellar, you will need to put the cointype (XLM) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “XLM/BTC” to continue.
Step 4 – Purchasing (XLM) Stellar As soon as you have located (XLM) Stellar, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate (XLM) Stellar was traded for. You can change this to your desired price. The “Amount” field is the volumen of XLM you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of XLM. When you are happy, make a mouse click on “Buy XLM”. Your plan will be filled when a Vendor trades their XLM for the price you introduced.
Step 5 – Withdraw Stellar (XLM) Unless you're trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To withdraw your Stellar (XLM), hover over the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Enter the amount of (XLM) Stellar you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You could be asked for verfication via phone/email before a take off.