A Step-by-Step-Guide on how to buy Stellar (XLM) in Anguilla
Step 1 – Join Coinmama You'll first need to buy one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Stellar (XLM) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Stellar (XLM) Once your deposit has been verified, you will directly have access to your funds and you can start purchasing and trading. To buy Stellar (XLM) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot Stellar (XLM), you will need to insert the short name of the asset (XLM) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this too. Click on “XLM/BTC” to advance.
Step 4 – Acquisition of Stellar (XLM) After you have located Stellar (XLM), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Stellar (XLM) 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 purchase. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of XLM. If you're satisfied, click on “Buy XLM”. Your plan will be filled as soon as a Vender trades their XLM for the price you gave.
Step 5 – Withdraw Stellar (XLM) Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. To take off your Stellar (XLM), hover over the ”Funds” tab and mouse click on “Withdraw”. Stellar (XLM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar (XLM) by using the provided drop-down box. Put into the volumen of Stellar (XLM) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.
Kudos! You've successfully purchased and safed Stellar (XLM) in Anguilla.That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Stellar (XLM) is stored inside your wallet, you're done.
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