A Step-by-Step-Guide on how to buy XEL (XEL)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. XEL (XEL) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate XEL (XEL) Once your deposit has been confirmed, you'll now have access to your finances and you can initiate buying and trading. To purchase XEL (XEL) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To find XEL (XEL), you'll need to insert the short name of the asset (XEL) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “XEL/BTC” to go ahead.
Step 4 – Buy (XEL) XEL Once you have discovered (XEL) XEL, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are creating our Limit Order. The ”Price” field will be automatically filled with the most up-to-date valuation (XEL) XEL was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of XEL you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of XEL. When you're glad, click on “Buy XEL”. Your order will be filled as soon as a Seller sells their XEL for the price you gave.
Step 5 – Withdraw (XEL) XEL Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. In order to withdraw your (XEL) XEL, hover over the ”Funds” tab and click on “Withdraw”. (XEL) XEL can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (XEL) XEL by using the given drop-down box. Put into the quantity of (XEL) XEL you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.