How to Buy Stellar Classic (XLMX)

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

Step 1 – Join eToro

You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get yBitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Stellar Classic (XLMX) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate (XLMX) Stellar Classic

Once your deposit has been confirmed, you'll immediately have access to your assets and you can start invest and trading. To buy Stellar Classic (XLMX) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to find (XLMX) Stellar Classic, you'll need to put the short name of the asset (XLMX) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “XLMX/BTC” to continue.

Binance How To Buy 1 Stellar Classic (XLMX)
Step 4 – Buy (XLMX) Stellar Classic

Once you've located (XLMX) Stellar Classic, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the latest price Stellar Classic (XLMX) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XLMX you wish to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete amount of XLMX.

If you're happy, click on “Buy XLMX”. Your plan will be filled as soon as a Vendor trades their XLMX for the price you offered.

Step 5 – Withdraw (XLMX) Stellar Classic

Unless you're frequently trading, never keep your crypto on an Exchange for an extensive time period. In order to take off your (XLMX) Stellar Classic, go to the “Funds” tab and click on “Withdraw”. Stellar Classic (XLMX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (XLMX) Stellar Classic by using the provided drop-down box. Drop in the volumen of Stellar Classic (XLMX) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and stored (XLMX) Stellar Classic.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (XLMX) Stellar Classic is stored inside your wallet, you're finished.