Four Steps to Buying Stellar Lumens (XLM) using Coinbase &, Binance (
Five minus of total time)
Registered Coinbase Account:
Get Ten$ of free bitcoin on your very first 100$ or more trade when you sign up to Coinbase with this affiliate verbinding:
Registered Binance Account:
Signing up for a Binance account is quick and effortless when you sign up using the following affiliate verbinding. Simply press ‘Register’ te the upper right after clicking the verbinding:
Step 1: Buy Bitcoin using your Coinbase Account
To make your very first Bitcoin purchase, you need to listig a payment method. Linking a canap account will take approximately two weeks until your Bitcoin becomes available, but will permit for higher buy thresholds. Linking a credit/debit account will instantly permit you to buy Bitcoin, but the limit is lower. I recommend going into your settings and uploading identifying documentation to increase your thresholds.
Step Two: Identify your Binance Bitcoin Wallet
Ter the Binance webpagina, head to the Funds section to Deposit/Withdraw. Locate the Bitcoin row and press the Deposit button. This will display you your Bitcoin address to deposit bitcoin into from Coinbase. Copy this precies address.
Step Trio: Transfer your Bitcoin from Coinbase to your Binance Wallet
Ter the Coinbase interface, head to the Accounts tabulator. Once your Bitcoin becomes available, you will be able to select the Send option. Press this and te the Wallet Address Recipient field inject/paste the Binance Bitcoin wallet address you copied from Step Two. After clicking te the how much to send field, you can press send max to send all your Bitcoin.
Note: It can take a few hours to process the transfer, depending on the current network congestion.
Step Four: Buy Stellar Lumens (XLM) ter Binance using Bitcoin
Open the Advanced trading window from the Exchange option te the Binance webpagina.
Ter the upper right next to account is should list what you are presently trading. Click this, and from the druppel down, search for or select XLM/BTC. This option means you will buy Stellar Lumens (XLM) using Bitcoin (BTC).
On the left you will see the Buy XLM tabulator. The Price field indicates how much Bitcoin you are paying vanaf Lumen (XLM). The default generally sets to current market price. The Amount field is how much Stellar Lumens (XLM) you are looking to buy. You can quickly use the % options below the amount field to indicate how much of your current available Bitcoin you want to spend. Selecting 100% will use all your current Bitcoin.
Congratulations! You successfully bought Stellar Lumens (XLM) ter Four effortless steps!