A Step-by-Step-Guide on how to buy Stellar (XLM) in United States
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. 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 how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find (XLM) Stellar Once your deposit has been affirmed, you will now have access to your finances and you can start buying and trading. To purchase (XLM) Stellar on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (XLM) Stellar, you'll need to put the shortname of the coin (XLM) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “XLM/BTC” to continue.
Step 4 – Buying Stellar (XLM) Once you've spotted Stellar (XLM), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The “Price” field will be filled automatically with the most recent rate Stellar (XLM) was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of XLM you wish to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete quantity of XLM. When you're happy, click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you gave.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time period. To withdraw your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stellar (XLM) by using the provided drop-down box. Put into the volumen of (XLM) Stellar you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.