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What are the steps to purchase XLM on Kraken?

avatarTushar JangidNov 30, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to purchase XLM on Kraken? I'm new to the platform and would like to know the process.

What are the steps to purchase XLM on Kraken?

1 answers

  • avatarNov 30, 2021 · 3 years ago
    Buying XLM on Kraken is a straightforward process. Here's what you need to do: 1. Open an account on Kraken if you haven't already. 2. Complete the verification process to unlock all features. 3. Deposit funds into your Kraken account using the available options. 4. Navigate to the XLM trading page. 5. Select the trading pair you want to use (e.g., XLM/USD). 6. Choose the type of order you prefer (market, limit, etc.) and specify the amount of XLM you want to buy. 7. Review your order details and click 'Buy' to confirm the transaction. 8. Wait for the order to be processed, and you'll soon have XLM in your account. If you have any more questions, feel free to ask!