How to Buy Stellar (XLM) in Azerbaijan

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

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

You will first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive your first 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) 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're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you've selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

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

As soon as your deposit has been approved, you'll directly have access to your finances and you can launch invest and trading. To invest in {Stellar (XLM)|(XLM) Stellar} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot {Stellar (XLM)|(XLM) Stellar}, you'll need to insert the short name of the asset (XLM) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we have highlighted 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've located {Stellar (XLM)|(XLM) Stellar}, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff {Stellar (XLM)|(XLM) Stellar} was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of XLM you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of XLM.

When you are satisfied, click on “Buy XLM”. Your order will be filled as soon as a Seller sells their XLM for the price you introduced.

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

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. In order to take off your {Stellar (XLM)|(XLM) Stellar}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Stellar (XLM)|(XLM) Stellar} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Stellar (XLM)|(XLM) Stellar} by using the provided drop-down box. Put into the volumen of {Stellar (XLM)|(XLM) Stellar} you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Congrats! You've successfully purchased and safed Stellar (XLM) in Azerbaijan.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Stellar (XLM)|(XLM) Stellar} is safe in your wallet, you're done.

And some more interesting Altcoins:

How to buy Riecoin (RIC) in Argentina
How to buy PENG (PENG) in Austria
How to buy Pinkcoin (PINK) in Australia