What are the steps to buy XLM using Coinbase and transfer it to Binance?

1 answers

• Dec 15, 2021 · 3 years ago
  Absolutely! Here's a step-by-step guide to buying XLM on Coinbase and transferring it to Binance: 1. Start by creating an account on Coinbase and completing the necessary verification process. 2. Once your account is set up, deposit funds into your Coinbase wallet using your preferred payment method. 3. Go to the 'Trade' section and search for XLM. 4. Select XLM and choose the amount you want to purchase. 5. Review the transaction details and confirm your buy order. 6. Now that you have XLM in your Coinbase wallet, head over to Binance and sign up for an account if you haven't already. 7. After logging in, generate a new XLM deposit address on Binance. 8. Return to Coinbase and navigate to the 'Accounts' section. 9. Locate XLM in your Coinbase wallet and click on the 'Send' button. 10. Enter the XLM deposit address from Binance and specify the amount you wish to transfer. 11. Double-check the address and amount, then confirm the transaction. 12. Wait for the XLM to be transferred from Coinbase to Binance. This process may take some time. 13. Once the transfer is complete, you can access your XLM on Binance and start trading or holding it. I hope this guide helps you navigate the process smoothly! If you have any further questions, feel free to ask.
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