A Step-by-Step-Guide on how to buy Stellar (XLM) in Tuvalu
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Stellar (XLM) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Stellar (XLM) As soon as your deposit has been affirmed, you will immediately have access to your assets and you can launch invest and trading. To buy (XLM) Stellar on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. In order to spot Stellar (XLM), you'll need to put the shortname of the coin (XLM) into the search box, which is marked in the image. Make sure you have selected the proper grouping, we've marked this also. Click on “XLM/BTC” to progress.
Step 4 – Buying Stellar (XLM) Once you've found (XLM) Stellar, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to create our Limit Order. The field with the “Price” tag will be filled with the most recent valuation (XLM) Stellar was sold for. You can change this to your desired price. The field with the “Amount” tag is the quantity of XLM you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole amount of XLM. When you are satisfied, click on “Buy XLM”. Your order will be filled when a Vender sells their XLM for the price you submitted.
Step 5 – Withdraw Stellar (XLM) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended time frame. In order to withdraw your Stellar (XLM), hover over the “Funds” tab and mouse click on “Withdraw”. (XLM) Stellar can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XLM) Stellar by using the given drop-down box. Enter the quantity of (XLM) Stellar you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.