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"?? ASKING -  What's STELLAR all about?... New User
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#1
Question 
Please, I need complete info about Steller and how to go about it as a new user
Reply
#2
Investors looking to buy and sell Stellar lumens cannot do so directly. There are three basic steps to follow while buying Stellar lumens.

Set up a wallet for Stellar lumens.

Buy Bitcoin or Ethereum from a reputable exchange.
Exchange your Bitcoin or Ethereum for Stellar lumens.
There are many different wallets available (desktop, mobile, and hardware). Here we’ll discuss desktop/laptop wallets.

To get a wallet, go to the Stellar Wallet Github and download a wallet that’s compatible with your computer. For example, if you have a Windows 64-bit computer, you could select “StellarDesktopWin64-v3.0.zip.” (Source: “stellarchat/desktop-client” GitHub, last accessed January 1, 2018.)

Once the file is downloaded, unzip it, create a new account with a password, and save the file.

As an extra safety measure, create a back-up for your wallet file on a different computer or on a hard disk. This is important because, if you lose or delete this file, you lose access to your wallet.

Once you create a password, you’ll be given a Stellar wallet address and a secret key to your wallet.

The next step is to purchase Bitcoin or Ethereum. Go to “Coinbase,” which is—in my opinion—the most trusted cryptocurrency exchange currently on the market. Think of Coinbase as the PayPal of the cryptocurrency world.

Create your Coinbase account. Keeping security in mind, once your account is created, it’s a good idea to opt for the two-factor authentication.

The next step is to create an account on a cryptocurrency exchange that allows you to trade Bitcoin (BTC) or Ethereum (ETH) for Stellar Lumen (such as “Binance”). I prefer ETH over BTC because Bitcoin has high transaction fees and slow transaction times.

As with Coinbase, it would be a good idea to set up two-factor authentication for your Binance account.

Once your Binance account is ready, navigate until you find the “ETH Deposit Address.” This is the receiving address for your Ethereum. Copy this address and paste it into your ETH wallet in your Coinbase account.

Send your ETH to your Binance account.

Once the ETH transfer is confirmed, it’s time to trade your ETH for XLM. In Binance, click on “ETH Markets” and then click on the XLM/ETH pairing. Go to “Buy XLM.” If you want to convert all your ETH into Lumen, click “100%” below the “Amount” field.

For maximum security, I wouldn’t leave any coins in the exchange. So, the next step is to move your XLM to your wallet.

In Binance, go into the “Deposits & Withdrawals” tab and click on “Withdrawal” in the XLM row. Paste your XLM receiving address into the address field. Click on “Submit.” Your lumens are on their way to your wallet. To verify, click the history tab on your wallet; your transactions should show up there.

Stellar Lumens Exchanges List

In the above example, I’ve used Binance to trade ETH for Lumen, but there are many other exchanges that allow you to buy and sell Stellar lumens.

The below Stellar lumens exchanges list features my top six exchanges for trading other cryptocurrencies into Lumen, and the cryptocurrency pairings they offer for XLM.

Bittrex: XLM/BTC, ETH
Poloniex: XLM/BTC , USDT
Kraken: XLM/BTC
Coinbase: XLM/BTC, ETH, BNB
GateHub: XLM/BTC, ETH, ETC, REP
Exrates: XLM/BTC, USD
In addition to these exchanges, one could also use the Stellar Decentralized Exchange, which supports XLM/BTC, XRP, and EUR.

How to Buy Stellar Lumens With How-To-BuyCredit/Debit Card
I get quite a few queries about how to buy Stellar lumens with credit/debit card. The process is the same as the one described above, except that, when you buy ETH or BTC, you use your credit card instead of fiat currency. Coinbase allows you to buy BTC or ETH with credit cards.

Then you send your BTC or ETH to any of the above-mentioned exchanges and trade your BTC or ETH for Lumen.

Of course, you could also buy Stellar lumens directly with your credit card on “Changelly,” but, even if you are willing to cough up the high transaction fee, there is a catc


[your post been Auto-Merged, to prevent spam to abuse the Free XLM promo]

Investors looking to buy and sell Stellar lumens cannot do so directly. There are three basic steps to follow while buying Stellar lumens.

Set up a wallet for Stellar lumens.

Buy Bitcoin or Ethereum from a reputable exchange.
Exchange your Bitcoin or Ethereum for Stellar lumens.
There are many different wallets available (desktop, mobile, and hardware). Here we’ll discuss desktop/laptop wallets.

To get a wallet, go to the Stellar Wallet Github and download a wallet that’s compatible with your computer. For example, if you have a Windows 64-bit computer, you could select “StellarDesktopWin64-v3.0.zip.” (Source: “stellarchat/desktop-client” GitHub, last accessed January 1, 2018.)

Once the file is downloaded, unzip it, create a new account with a password, and save the file.

As an extra safety measure, create a back-up for your wallet file on a different computer or on a hard disk. This is important because, if you lose or delete this file, you lose access to your wallet.

Once you create a password, you’ll be given a Stellar wallet address and a secret key to your wallet.

The next step is to purchase Bitcoin or Ethereum.  Go to “Coinbase,” which is—in my opinion—the most trusted cryptocurrency exchange currently on the market. Think of Coinbase as the PayPal of the cryptocurrency world.

Create your Coinbase account. Keeping security in mind, once your account is created, it’s a good idea to opt for the two-factor authentication.

The next step is to create an account on a cryptocurrency exchange that allows you to trade Bitcoin (BTC) or Ethereum (ETH) for Stellar Lumen (such as “Binance”). I prefer ETH over BTC because Bitcoin has high transaction fees and slow transaction times.

As with Coinbase, it would be a good idea to set up two-factor authentication for your Binance account.

Once your Binance account is ready, navigate until you find the “ETH Deposit Address.” This is the receiving address for your Ethereum. Copy this address and paste it into your ETH wallet in your Coinbase account.

Send your ETH to your Binance account.

Once the ETH transfer is confirmed, it’s time to trade your ETH for XLM. In Binance, click on “ETH Markets” and then click on the XLM/ETH pairing.  Go to “Buy XLM.” If you want to convert all your ETH into Lumen,  click “100%” below the “Amount” field.

For maximum security, I wouldn’t leave any coins in the exchange.  So, the next step is to move your XLM to your wallet.

In Binance, go into the “Deposits & Withdrawals” tab and click on “Withdrawal” in the XLM row. Paste your XLM receiving address into the address field. Click on “Submit.” Your lumens are on their way to your wallet. To verify, click the history tab on your wallet; your transactions should show up there.

Stellar Lumens Exchanges List
 
In the above example, I’ve used Binance to trade ETH for Lumen, but there are many other exchanges that allow you to buy and sell Stellar lumens.

The below Stellar lumens exchanges list features my top six exchanges for trading other cryptocurrencies into Lumen, and the cryptocurrency pairings they offer for XLM.

Bittrex: XLM/BTC, ETH
Poloniex: XLM/BTC , USDT
Kraken: XLM/BTC
Coinbase: XLM/BTC, ETH, BNB
GateHub: XLM/BTC, ETH, ETC, REP
Exrates: XLM/BTC, USD
In addition to these exchanges, one could also use the Stellar Decentralized Exchange, which supports XLM/BTC, XRP, and EUR.

How to Buy Stellar Lumens With  How-To-BuyCredit/Debit Card
I get quite a few queries about how to buy Stellar lumens with credit/debit card. The process is the same as the one described above, except that, when you buy ETH or BTC, you use your credit card instead of fiat currency. Coinbase allows you to buy BTC or ETH with credit cards.

Then you send your BTC or ETH to any of the above-mentioned exchanges and trade your BTC or ETH for Lumen.

Of course, you could also buy Stellar lumens directly with your credit card on “Changelly,” but, even if you are willing to cough up the high transaction fee, there is a catc
Reply
#3
So much to learn here. Thank you, fesobi. How long have you been with stellar and how has your journey been with them?
Reply
#4
(12-01-2018, 01:06 PM)fesobi Wrote: Investors looking to buy and sell Stellar lumens cannot do so directly. There are three basic steps to follow while buying Stellar lumens.

Set up a wallet for Stellar lumens.

Buy Bitcoin or Ethereum from a reputable exchange.
Exchange your Bitcoin or Ethereum for Stellar lumens.
There are many different wallets available (desktop, mobile, and hardware). Here we’ll discuss desktop/laptop wallets.

To get a wallet, go to the Stellar Wallet Github and download a wallet that’s compatible with your computer. For example, if you have a Windows 64-bit computer, you could select “StellarDesktopWin64-v3.0.zip.” (Source: “stellarchat/desktop-client” GitHub, last accessed January 1, 2018.)

Once the file is downloaded, unzip it, create a new account with a password, and save the file.

As an extra safety measure, create a back-up for your wallet file on a different computer or on a hard disk. This is important because, if you lose or delete this file, you lose access to your wallet.

Once you create a password, you’ll be given a Stellar wallet address and a secret key to your wallet.

The next step is to purchase Bitcoin or Ethereum.  Go to “Coinbase,” which is—in my opinion—the most trusted cryptocurrency exchange currently on the market. Think of Coinbase as the PayPal of the cryptocurrency world.

Create your Coinbase account. Keeping security in mind, once your account is created, it’s a good idea to opt for the two-factor authentication.

The next step is to create an account on a cryptocurrency exchange that allows you to trade Bitcoin (BTC) or Ethereum (ETH) for Stellar Lumen (such as “Binance”). I prefer ETH over BTC because Bitcoin has high transaction fees and slow transaction times.

As with Coinbase, it would be a good idea to set up two-factor authentication for your Binance account.

Once your Binance account is ready, navigate until you find the “ETH Deposit Address.” This is the receiving address for your Ethereum. Copy this address and paste it into your ETH wallet in your Coinbase account.

Send your ETH to your Binance account.

Once the ETH transfer is confirmed, it’s time to trade your ETH for XLM. In Binance, click on “ETH Markets” and then click on the XLM/ETH pairing.  Go to “Buy XLM.” If you want to convert all your ETH into Lumen,  click “100%” below the “Amount” field.

For maximum security, I wouldn’t leave any coins in the exchange.  So, the next step is to move your XLM to your wallet.

In Binance, go into the “Deposits & Withdrawals” tab and click on “Withdrawal” in the XLM row. Paste your XLM receiving address into the address field. Click on “Submit.” Your lumens are on their way to your wallet. To verify, click the history tab on your wallet; your transactions should show up there.

Stellar Lumens Exchanges List

In the above example, I’ve used Binance to trade ETH for Lumen, but there are many other exchanges that allow you to buy and sell Stellar lumens.

The below Stellar lumens exchanges list features my top six exchanges for trading other cryptocurrencies into Lumen, and the cryptocurrency pairings they offer for XLM.

Bittrex: XLM/BTC, ETH
Poloniex: XLM/BTC , USDT
Kraken: XLM/BTC
Coinbase: XLM/BTC, ETH, BNB
GateHub: XLM/BTC, ETH, ETC, REP
Exrates: XLM/BTC, USD
In addition to these exchanges, one could also use the Stellar Decentralized Exchange, which supports XLM/BTC, XRP, and EUR.

How to Buy Stellar Lumens With  How-To-BuyCredit/Debit Card
I get quite a few queries about how to buy Stellar lumens with credit/debit card. The process is the same as the one described above, except that, when you buy ETH or BTC, you use your credit card instead of fiat currency. Coinbase allows you to buy BTC or ETH with credit cards.

Then you send your BTC or ETH to any of the above-mentioned exchanges and trade your BTC or ETH for Lumen.

Of course, you could also buy Stellar lumens directly with your credit card on “Changelly,” but, even if you are willing to cough up the high transaction fee, there is a catc


[your post been Auto-Merged, to prevent spam to abuse the Free XLM promo]


Investors looking to buy and sell Stellar lumens cannot do so directly. There are three basic steps to follow while buying Stellar lumens.

Set up a wallet for Stellar lumens.

Buy Bitcoin or Ethereum from a reputable exchange.
Exchange your Bitcoin or Ethereum for Stellar lumens.
There are many different wallets available (desktop, mobile, and hardware). Here we’ll discuss desktop/laptop wallets.

To get a wallet, go to the Stellar Wallet Github and download a wallet that’s compatible with your computer. For example, if you have a Windows 64-bit computer, you could select “StellarDesktopWin64-v3.0.zip.” (Source: “stellarchat/desktop-client” GitHub, last accessed January 1, 2018.)

Once the file is downloaded, unzip it, create a new account with a password, and save the file.

As an extra safety measure, create a back-up for your wallet file on a different computer or on a hard disk. This is important because, if you lose or delete this file, you lose access to your wallet.

Once you create a password, you’ll be given a Stellar wallet address and a secret key to your wallet.

The next step is to purchase Bitcoin or Ethereum.  Go to “Coinbase,” which is—in my opinion—the most trusted cryptocurrency exchange currently on the market. Think of Coinbase as the PayPal of the cryptocurrency world.

Create your Coinbase account. Keeping security in mind, once your account is created, it’s a good idea to opt for the two-factor authentication.

The next step is to create an account on a cryptocurrency exchange that allows you to trade Bitcoin (BTC) or Ethereum (ETH) for Stellar Lumen (such as “Binance”). I prefer ETH over BTC because Bitcoin has high transaction fees and slow transaction times.

As with Coinbase, it would be a good idea to set up two-factor authentication for your Binance account.

Once your Binance account is ready, navigate until you find the “ETH Deposit Address.” This is the receiving address for your Ethereum. Copy this address and paste it into your ETH wallet in your Coinbase account.

Send your ETH to your Binance account.

Once the ETH transfer is confirmed, it’s time to trade your ETH for XLM. In Binance, click on “ETH Markets” and then click on the XLM/ETH pairing.  Go to “Buy XLM.” If you want to convert all your ETH into Lumen,  click “100%” below the “Amount” field.

For maximum security, I wouldn’t leave any coins in the exchange.  So, the next step is to move your XLM to your wallet.

In Binance, go into the “Deposits & Withdrawals” tab and click on “Withdrawal” in the XLM row. Paste your XLM receiving address into the address field. Click on “Submit.” Your lumens are on their way to your wallet. To verify, click the history tab on your wallet; your transactions should show up there.

Stellar Lumens Exchanges List
 
In the above example, I’ve used Binance to trade ETH for Lumen, but there are many other exchanges that allow you to buy and sell Stellar lumens.

The below Stellar lumens exchanges list features my top six exchanges for trading other cryptocurrencies into Lumen, and the cryptocurrency pairings they offer for XLM.

Bittrex: XLM/BTC, ETH
Poloniex: XLM/BTC , USDT
Kraken: XLM/BTC
Coinbase: XLM/BTC, ETH, BNB
GateHub: XLM/BTC, ETH, ETC, REP
Exrates: XLM/BTC, USD
In addition to these exchanges, one could also use the Stellar Decentralized Exchange, which supports XLM/BTC, XRP, and EUR.

How to Buy Stellar Lumens With  How-To-BuyCredit/Debit Card
I get quite a few queries about how to buy Stellar lumens with credit/debit card. The process is the same as the one described above, except that, when you buy ETH or BTC, you use your credit card instead of fiat currency. Coinbase allows you to buy BTC or ETH with credit cards.

Then you send your BTC or ETH to any of the above-mentioned exchanges and trade your BTC or ETH for Lumen.

Of course, you could also buy Stellar lumens directly with your credit card on “Changelly,” but, even if you are willing to cough up the high transaction fee, there is a catc

Thank you for the information
Reply


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