How to Buy Stellar (XLM) in Montserrat

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

Step 1 – Join CoinbaseGet Free $10

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get your welcome $10.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Stellar (XLM)

Once your deposit has been confirmed, you'll now have access to your funds and you can initiate buying and trading. To invest in Stellar (XLM) on Binance, you will want to hover over the tab which is calledExchangeand after that mouse click onBasic”.

To locate (XLM) Stellar, you'll need to insert the short name of the asset (XLM) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have marked this too. Click onXLM/BTCto progress.

Step 4 – Buy Stellar (XLM)

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). Next we are creating our own Limit Order.

The field with thePricetag will be filled automatically with the latest valuation (XLM) Stellar was sold for. This can be changed to your preferred price. The field with theAmounttag is the volumen of XLM you like to purchase. The field with theTotaltag is the whole price in Bitcoin that you will pay for the whole quantity of XLM.

If you are glad, click onBuy XLM”. Your order will be filled when a Seller trades their XLM for the price you submitted.

Step 5 – Withdraw (XLM) Stellar

Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an longer time frame. To take off your Stellar (XLM), hover over the tab calledFundsand click onWithdraw”. Stellar (XLM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Stellar (XLM) by using the given drop-down box. Enter the volumen of Stellar (XLM) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are satisfied, clickSubmit”. You may be asked for phone/email verification ahead of a take off.

Congrats! You've successfully bought and stored Stellar (XLM) in Montserrat.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (XLM) Stellar is safe within your wallet, you are done.