A Step-by-Step-Guide on how to buy Stellar (XLM) in Belarus
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your first 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (XLM) Stellar Once your deposit has been approved, you'll directly have access to your finances and you can launch buying and trading. To invest in (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”. To locate (XLM) Stellar, you will need to insert the short name of the asset (XLM) into the search box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this also. Click on “XLM/BTC” to continue.
Step 4 – Purchasing Stellar (XLM) After you've spotted (XLM) Stellar, you'll be presented with a Chart with Prices (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 “Price” field will be filled automatically with the latest price (XLM) Stellar was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of XLM you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole quantity of XLM. When you're satisfied, make a mouse click on “Buy XLM”. Your plan will be filled as soon as a Vender sells their XLM for the price you introduced.
Step 5 – Withdraw (XLM) Stellar Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the given drop-down box. Drop in the amount of Stellar (XLM) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You may be asked for phone/email verification ahead of a take off.