A Step-by-Step-Guide on how to buy Stellar Gold (XLMG)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and receive your welcome $10.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Stellar Gold (XLMG) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Stellar Gold (XLMG) Once your deposit has been confirmed, you'll directly have access to your funds and you can begin invest and trading. To purchase Stellar Gold (XLMG) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To locate Stellar Gold (XLMG), you'll need to insert the short name of the asset (XLMG) into the search box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have highlighted this too. Click on “XLMG/BTC” to go on.
Step 4 – Acquisition of (XLMG) Stellar Gold Once you've discovered (XLMG) Stellar Gold, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the recent rate (XLMG) Stellar Gold was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of XLMG you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of XLMG. When you are satisfied, click on “Buy XLMG”. Your plan will be filled as soon as a Seller trades their XLMG for the price you offered.
Step 5 – Withdraw Stellar Gold (XLMG) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. To take off your Stellar Gold (XLMG), hover over the tab called “Funds” and mouse click on “Withdraw”. Stellar Gold (XLMG) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Stellar Gold (XLMG) by using the provided drop-down box. Enter the quantity of Stellar Gold (XLMG) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.