How to Buy Stellar (XLM) in Yemen

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

Step 1 – Join Kraken

You will first need to purchase one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader 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 example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find Stellar (XLM)

Once your deposit has been approved, you will instantly have access to your finances and you can begin purchasing and trading. To buy Stellar (XLM) on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

To spot (XLM) Stellar, you will need to insert the short name of the asset (XLM) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “XLM/BTC” to continue.

Step 4 – Purchase Stellar (XLM)

As soon as you have discovered Stellar (XLM), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order.

The “Price” field will be filled with the most up-to-date valuation (XLM) Stellar was sold for. This can be changed to your preferred price. The “Amount” field is the quantity of XLM you wish to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of XLM.

If you are happy, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vender sells their XLM for the price you offered.

Step 5 – Withdraw (XLM) Stellar

Unless you are trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your Stellar (XLM), hover over the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the given drop-down box. Put into the amount of Stellar (XLM) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Congrats! You've successfully bought and safed (XLM) Stellar in Yemen.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the Stellar (XLM) is stored in your wallet, you are finished.