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How to Buy Stellar (XLM)

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

Step 1 – Signup to CEX.io

You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – {Transfer} Your {Ethereum or Bitcoin} to an {Crypto Exchange}

Your {Ethereum or Bitcoin} {has} to be sent over to an {Crypto Trader} now. {All exchanges have} a deposit form that is {identical}. Stellar (XLM) is {obtainable} on Binance, so {we will} use that as an {illustration}. {Unsure} on how to send {funds from Coinbase} to an {Crypto Trader}? ({Follow} {this manual})

Make sure {you've} {selected} the {correct} coin you {wish} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {ETH} deposit address, {etcetera}. {If} {you are} {using} a decentralized exchange, {like} Airswap or DDEX could be {unlike} ({Follow} {our how-to}).

Step 3 – {Locate} Stellar (XLM)

{Once} your deposit has been {approved}, {you'll} {now} have access to your {funds} and you can {start} {buying} and trading. To {purchase} Stellar (XLM) on Binance, {you'll} want to {hover over} the {”Exchange” tab} and{ after that} {mouse click} on “Basic”.

{To} {discover} Stellar (XLM), {you'll} need to {put} the {cointype} (XLM) into the {search box}, which is {highlighted} in the {image}. {Make sure you have} {selected} the {right} {pairing}, {we have} {highlighted} this {also}. Click on “XLM/BTC” to {advance}.

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

{As soon as} {you've} {spotted} Stellar (XLM), {you will} be {given} a {Chart with Prices} (in the Center of the {picture}) and {a few} Order Books ({Leftside} of the {image}). {And now} {we are} {creating} our{} Limit Order.

The {field with the “Price” tag} will be {filled} with the{} {up-to-date} {price} Stellar (XLM) was {traded} for. {This can be changed} to your {desired} {rate}. The {field with the “Amount” tag} is the {volumen} of XLM you {wish} to {buy}. The {”Total” field} is the {aggregated} price in {BTC} that {you will} {settle} for the {complete} {quantity} of XLM.

{If} {you're} {glad}, {make a mouse click} on “Buy XLM”. Your {order} will be filled {when} a {Seller} {sells} their XLM for the price you {offered}.

Step 5 – Withdraw Stellar (XLM)

Unless {you are}{} trading, {best advise is not to keep} {crypto} on an {Exchange} for an {extensive} {time period}. {In order to} {withdraw} your Stellar (XLM), {go to} the {”Funds” tab} and {click} on “Withdraw”. Stellar (XLM) can be {stored securely} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} Stellar (XLM) by using the {given} drop-down box. {Drop in} the {quantity} of Stellar (XLM) {you would} {like} to {withdraw}. {Take into account} the {displayed} {minimus/fees}. Also make sure you have {entered} your {right} withdraw address.

{When} {you're} {satisfied}, {click on} “Submit”. You {could} be {asked} for {verfication via phone/email} {before} a {withdrawal}.

{Congratulations}! {You've} successfully {bought} and {safed} Stellar (XLM).

That's it!

{Take offs} from {Crypto Trader} can {take} {between} 1 – 30 minutes ({rely} on {network usage}). {Once} {you've} {proved} your {withdrawal} {with} {Ethplorer.io or Etherscan.io} and the Stellar (XLM) is {safe} {inside} your wallet, {you are} {all done}.

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