A Step-by-Step-Guide on how to buy Stellar (XLM) in Nepal
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Stellar (XLM) Once your deposit has been confirmed, you'll instantly have access to your funds and you can initiate buying and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To spot Stellar (XLM), you will need to put the short name of the asset (XLM) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have marked this also. Click on “XLM/BTC” to advance.
Step 4 – Buy Stellar (XLM) As soon as you have located (XLM) Stellar, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order. The “Price” field will be filled with the most up-to-date valuation Stellar (XLM) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of XLM you wish to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of XLM. When you're happy, click on “Buy XLM”. Your plan will be filled as soon as a Vendor sells their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your (XLM) Stellar, hover over the “Funds” tab and click on “Withdraw”. (XLM) Stellar can be safely stored 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 wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You could be asked for verfication via email/phone before a take off.