A Step-by-Step-Guide on how to buy Stellar (XLM) in Singapore
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Stellar (XLM) Once your deposit has been approved, you will instantly have access to your assets and you can launch purchasing and trading. To purchase (XLM) Stellar on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover (XLM) Stellar, you'll need to put the short name of the asset (XLM) into the search box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Click on “XLM/BTC” to go ahead.
Step 4 – Purchase (XLM) Stellar After you have located (XLM) Stellar, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're making our Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation Stellar (XLM) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of XLM you wish to buy. The “Total” field is the total price in Bitcoin that you'll pay for the complete volumen of XLM. When you are glad, click on “Buy XLM”. Your order will be filled when a Seller trades their XLM for the price you gave.
Step 5 – Withdraw (XLM) Stellar Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extended time frame. In order to withdraw your Stellar (XLM), hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar (XLM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLM) Stellar by using the provided drop-down box. Drop in the quantity of Stellar (XLM) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.