A Step-by-Step-Guide on how to buy XEL (XEL)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your first 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. XEL (XEL) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate XEL (XEL) Once your deposit has been affirmed, you will instantly have access to your funds and you can start buying and trading. To invest in XEL (XEL) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to find XEL (XEL), you will need to put the shortname of the coin (XEL) into the search box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this too. Click on “XEL/BTC” to progress.
Step 4 – Buying (XEL) XEL As soon as you've located (XEL) XEL, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff (XEL) XEL was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of XEL you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of XEL. When you are satisfied, click on “Buy XEL”. Your plan will be filled when a Seller trades their XEL for the price you offered.
Step 5 – Withdraw (XEL) XEL Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an longer time period. In order to withdraw your (XEL) XEL, hover over the ”Funds” tab and mouse click on “Withdraw”. (XEL) XEL can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEL) XEL by using the given drop-down box. Enter the quantity of (XEL) XEL you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You could be asked for phone/email verification before a withdrawal.