How can I purchase Stellar Lumens on Binance?

1 answers

• M.A RobJul 09, 2024 · a year ago
  To purchase Stellar Lumens (XLM) on Binance, follow these steps: 1. Register an account on Binance if you don't have one already. 2. Complete the necessary verification process to unlock full trading features. 3. Deposit funds into your Binance account. You can do this by transferring cryptocurrency from another exchange or by purchasing cryptocurrency using a credit/debit card. 4. Once your funds are deposited, go to the 'Markets' section on the Binance website or app. 5. Search for 'XLM' or 'Stellar Lumens' in the search bar and select the trading pair you want to use (e.g., XLM/USDT). 6. On the trading page, you'll see the order book, price chart, and order placement form. 7. Choose between a market order or a limit order. A market order will be executed at the current market price, while a limit order allows you to set a specific price at which you want to buy XLM. 8. Enter the amount of XLM you want to buy and review the order details. 9. If everything looks good, click on the 'Buy XLM' button to place your order. 10. Once your order is filled, you'll see the XLM balance in your Binance account. That's it! You've successfully purchased Stellar Lumens (XLM) on Binance. Happy trading!
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