How to Buy Stellar (XLM) in Virgin Islands

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

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your welcome 10 Dollar.

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Stellar (XLM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Stellar (XLM)

Once your deposit has been approved, you will instantly have access to your funds and you can begin purchasing and trading. To invest in (XLM) Stellar on Binance, you will want to go to theExchangetab and mouse click onBasic”.

In order to find Stellar (XLM), you will need to insert the cointype (XLM) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click onXLM/BTCto advance.

Step 4 – Purchase Stellar (XLM)

After you've discovered (XLM) Stellar, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The field with thePricetag will be filled with the most up-to-date valuation Stellar (XLM) was traded for. This can be changed to your preferred rate. The field with theAmounttag is the quantity of XLM you wish to purchase. TheTotalfield is the aggregated price in Bitcoin that you will pay for the whole volumen of XLM.

When you are happy, make a mouse click onBuy XLM”. Your plan will be filled as soon as a Seller sells their XLM for the price you introduced.

Step 5 – Withdraw (XLM) Stellar

Unless you are trading, never keep your crypto coins on an Crypto Trader for an longer period of time. To withdraw your Stellar (XLM), hover over theFundstab and mouse click onWithdraw”. Stellar (XLM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLM) Stellar by using the given drop-down box. Enter the amount of Stellar (XLM) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click onSubmit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Kudos! You've successfully purchased and safed Stellar (XLM) in Virgin Islands.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (XLM) Stellar is stored in your wallet, you are all done.