How to Buy Stellar (XLM) in Armenia

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

Step 1 – Join Coinmama

You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Stellar (XLM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find {Stellar (XLM)|(XLM) Stellar}

Once your deposit has been affirmed, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in {Stellar (XLM)|(XLM) Stellar} on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to discover {Stellar (XLM)|(XLM) Stellar}, you'll need to insert the cointype (XLM) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “XLM/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Stellar (XLM)
Step 4 – Acquisition of {Stellar (XLM)|(XLM) Stellar}

After you have discovered {Stellar (XLM)|(XLM) Stellar}, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent price {Stellar (XLM)|(XLM) Stellar} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of XLM you like to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of XLM.

When you're glad, click on “Buy XLM”. Your plan will be filled as soon as a Vendor sells their XLM for the price you offered.

Step 5 – Withdraw {Stellar (XLM)|(XLM) Stellar}

Unless you are trading, never keep your coins on an Exchange for an extensive time period. To take off your {Stellar (XLM)|(XLM) Stellar}, go to the ”Funds” tab and mouse click on “Withdraw”. {Stellar (XLM)|(XLM) Stellar} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Stellar (XLM)|(XLM) Stellar} by using the given drop-down box. Enter the quantity of {Stellar (XLM)|(XLM) Stellar} you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congrats! You have successfully purchased and safed Stellar (XLM) in Armenia.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Stellar (XLM)|(XLM) Stellar} is stored inside your wallet, you're finished.

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