A Step-by-Step-Guide on how to buy Stellar (XLM) in West Bank
Step 1 – Signup to Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange 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 illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Stellar (XLM) As soon as your deposit has been affirmed, you will now have access to your assets and you can launch invest 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”. To locate (XLM) Stellar, you will need to insert the cointype (XLM) into the search-box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “XLM/BTC” to go on.
Step 4 – Buy Stellar (XLM) Once you've found (XLM) Stellar, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price (XLM) Stellar was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of XLM you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of XLM. When you are satisfied, click on “Buy XLM”. Your plan will be filled when a Vender trades their XLM for the price you submitted.
Step 5 – Withdraw (XLM) Stellar Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer period of time. To take off your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Drop in the quantity of Stellar (XLM) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.