A Step-by-Step-Guide on how to buy Solaris (XLR)
Step 1 – Join CEX.io You will first need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Solaris (XLR) is accessible 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 guide) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Solaris (XLR) As soon as your deposit has been approved, you'll instantly have access to your funds and you can begin buying and trading. To buy Solaris (XLR) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Solaris (XLR), you'll need to put the short name of the asset (XLR) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we have marked this also. Click on “XLR/BTC” to go on.
Step 4 – Acquisition of Solaris (XLR) After you've spotted Solaris (XLR), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our Limit Order. The ”Price” field will be filled with the latest valuation Solaris (XLR) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of XLR you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the whole quantity of XLR. If you are glad, make a mouse click on “Buy XLR”. Your order will be filled as soon as a Vendor sells their XLR for the price you introduced.
Step 5 – Withdraw (XLR) Solaris Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. To withdraw your (XLR) Solaris, hover over the ”Funds” tab and click on “Withdraw”. (XLR) Solaris can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (XLR) Solaris by using the provided drop-down box. Enter the volumen of (XLR) Solaris you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.