A Step-by-Step-Guide on how to buy Stellar (XLM) in Comoros
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and receive your first 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been affirmed, you'll now have access to your finances and you can commence buying and trading. To purchase (XLM) Stellar on Binance, you will want to go to the “Exchange” tab and click on “Basic”. To find (XLM) Stellar, you will need to put the short name of the asset (XLM) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this also. Click on “XLM/BTC” to proceed.
Step 4 – Buying (XLM) Stellar After you have discovered Stellar (XLM), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The “Price” field will be filled with the latest rate (XLM) Stellar was sold for. You can change this to your favoured price. The “Amount” field is the quantity of XLM you wish to purchase. The “Total” field is the total price in BTC that you will pay for the whole volumen of XLM. When you're satisfied, make a mouse click on “Buy XLM”. Your plan will be filled when a Seller sells their XLM for the price you introduced.
Step 5 – Withdraw Stellar (XLM) Unless you're trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time frame. To take off your (XLM) Stellar, go to the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the provided drop-down box. Drop in the amount of Stellar (XLM) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.