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Is it possible to buy XLM on Coinbase and move it to Binance? If so, how?

avatarPlafkopDec 16, 2021 · 3 years ago1 answers

I want to know if it's possible to purchase Stellar Lumens (XLM) on Coinbase and then transfer them to Binance. Can I buy XLM on Coinbase and move it to Binance? If yes, what are the steps involved in transferring XLM from Coinbase to Binance?

Is it possible to buy XLM on Coinbase and move it to Binance? If so, how?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Definitely! You can purchase XLM on Coinbase and then transfer it to Binance. Here's a simple guide to help you: 1. Log in to your Coinbase account and navigate to the 'Buy/Sell' page. 2. Select 'Stellar Lumens (XLM)' from the list of available cryptocurrencies. 3. Enter the amount of XLM you want to buy and choose your preferred payment method. 4. Follow the instructions to complete the purchase. 5. Once you have the XLM in your Coinbase wallet, log in to your Binance account. 6. Go to the 'Funds' tab and click on 'Deposits'. 7. Search for 'Stellar Lumens (XLM)' and click on it. 8. Copy the XLM deposit address provided by Binance. 9. Return to your Coinbase account and navigate to the 'Accounts' page. 10. Find your XLM wallet and click on the 'Send' button. 11. Paste the Binance XLM deposit address in the recipient field. 12. Enter the amount of XLM you want to transfer and review the transaction details. 13. Confirm the transfer and wait for the XLM to be transferred to your Binance account. Please note that fees and processing times may vary, so it's important to check the latest information on both Coinbase and Binance websites.