A Step-by-Step-Guide on how to buy Stellar (XLM) in Guinea-Bissau
Step 1 –
Join Coinbase and recieve 10$ for free
In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first 10$.
Step 2 –
Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange
Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Stellar (XLM) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)
Make sure you have chosen the right coin you want to deposit.
BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 –
Locate (XLM) Stellar
As soon as your deposit has been confirmed, you will instantly have access to your assets and you can initiate buying and trading. To buy Stellar (XLM) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.
To find (XLM) Stellar, you'll need to put the shortname of the coin (XLM) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “XLM/BTC” to go on.
Step 4 –
Acquisition of (XLM) Stellar
As soon as you have found Stellar (XLM), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order.
The field with the “Price” tag will be automatically filled with the latest tariff Stellar (XLM) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of XLM you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of XLM.
When you're happy, make a mouse click on “Buy XLM”. Your order will be filled as soon as a Vendor trades their XLM for the price you gave.
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. In order to withdraw your (XLM) Stellar, go to the “Funds” tab and click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)
Locate Stellar (XLM) by using the given drop-down box. Enter the quantity of Stellar (XLM) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.
When you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.
