How to Buy Stellar (XLM) in Guinea-Bissau

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 theExchangetab and after that mouse click onBasic”.

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 onXLM/BTCto 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 thePricetag will be automatically filled with the latest tariff Stellar (XLM) was sold for. You can change this to your preferred rate. TheAmountfield is the quantity of XLM you like to purchase. The field with theTotaltag is the whole price in BTC that you'll settle for the whole amount of XLM.

When you're happy, make a mouse click onBuy 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 theFundstab and click onWithdraw”. 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 onSubmit”. You could be asked for verfication via phone/email before a take off.

Congrats! You have successfully bought and stored Stellar (XLM) in Guinea-Bissau.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe inside your wallet, you're done.