StellarX is a new cryptocurrency exchange that allows you to buy and sell XLR Crypto (Stellar Lumens) and other cryptocurrencies with USD, EURO, or GBP. Here’s how it works:
Go To https://stellarx.com To Buy XLR Crypto
StellarX is a decentralized exchange built on the Stellar blockchain. By using StellarX, you can make trades that are as fast and cheap as if you were trading with someone in the same room. It’s also one of the most secure ways to trade cryptocurrency because it doesn’t hold your money or information on their servers like other exchanges do. StellarX is open source software to buy XLR Crypto that anyone can use to create their own custom app or website based off of it. There are already many different apps out there making it easy for anyone to get started trading cryptocurrencies on the stellar network!
Click Sign Up, Enter Your Email and Password
You’ll want to use a distinct email address, one that isn’t used for any other account. It’s also good practice not to use an email address that’s easy to guess (your name or the name of your pet). And, of course, don’t make your password the same as your email address or username! Go through the rest of the sign-up flow and then go ahead and skip down to “Create a Wallet”.
Once You’ve Signed Up, Go To The Settings Tab, Click Enable Deposits And Enable Trading
After you’ve signed up and set up your stellarport wallet, you’ll want to do two things in the settings tab: enable deposits and enable trading. Enabling deposits allows XLR Crypto to be deposited into your stellarX account from the stellarport wallet, which is the only way to trade on this exchange. Enabling trading allows you to buy XLR Crypto directly with USD (and other currencies) using fiat pairs (more on that later).
Once both of these are enabled, go back over to your account settings page and click “Deposit” under XLR Crypto — this will take you back over to StellarPort where we can link our accounts together so that we can send XLR from one place over here onto another place there at a later date when it needs doing!
Link Your Stellarport Wallet
- Stellarport is a wallet for holding your XLM and other assets.
- Stellarport is a trading platform for crypto assets. You can buy or sell crypto assets on stellarport and trade with other traders on the platform.
- Stellarport is a gateway to the Stellar network, which allows you to send and receive payments in any currency for free. This allows you to move money instantly around the world, at almost no cost!
- It’s important that you link your stellarport account before buying XLR Crypto or sending it from one place to another….
Click Deposit
Click “Deposit” in the settings tab. You’ll see a screen like this:
Now click on the deposit address. This will copy it to your clipboard, which you’ll need in order to send XLR Crypto from your stellarport wallet to stellarX.
Copy The XLR Address From Stellarport To Stellarx And Deposit XLR From Stellarport To Stellarx
Now that you have an XLR Crypto address on Stellarport, it’s time to send some XLM over.
To do so, go to [StellarX](https://www.stellarx.org/) and click on the “Deposit” button in the top right corner of your screen. You’ll see a list of currencies available for deposit; select XLM from this list and click “Confirm.” This will take you back to Stellarport, where you can paste in your newly generated public key (and paste it again) before clicking “Confirm.”
Now that your XLM has been sent from Stellarport to StellarX, head back over to [StellarX](https://www.stellarx.org/). On this page, confirm your deposit by looking for pending deposits if necessary and clicking on them once they’ve appeared under “Balances.” Then just wait patiently – it could take up to five minutes for them to appear!
Confirm Your Deposit On Stellarx And Stellarport By Clicking On Pending Deposits On Stellarx And Confirming The Deposit On Stellarport
To confirm your deposit on StellarX and Stellarport by clicking on pending deposits on StellarX and confirming the deposit on StellarPort, follow these steps:
- Go to https://stellarterm.com/.
- Click on the “Deposit” button in the upper right hand corner of your screen.
Start Trading On Stellarx!
StellarX is a trading platform that allows you to trade Stellar blockchain tokens (e.g., lumens, EUR, etc.) against each other and fiat currencies (USD), as well as other cryptocurrencies like Bitcoin and Ethereum.
You can only buy XLR Crypto with USD, or sell it for USD on the stellarX marketplace. However, you can also trade XLR for other cryptocurrencies such as BTC or EOS on our decentralized exchange. You can use your XLM to fund trades instead of using a fiat currency like USD if you choose—it’s up to you!
You Have To Have An Account With Stellarport In Order To Buy XLR
Stellarport is the platform that supports Stellar Lumens (XLM), and it’s where you can buy XLR. To do that, you’ll need to create an account on stellarport. Then:
- Link your stellarport wallet to your stellarX wallet
- Deposit XLR from stellarport into stellarX
Conclusion
If you’ve followed the steps above, you should now be able to buy XLR on stellarX. You’ll need an XLR wallet to store your coins in and a stellarport account (which comes with an address) in order to deposit XLR from your computer into stellarx. After that, it’s just a matter of trading like any other cryptocurrency!
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