How to Buy XLM in Order to Get AXU Tokens (with Stellarport)?
Before being able to buy the AXU Tokens, you will need to have some Stellar lumens (XLM) at hand
Our digital assets, the AXU Tokens, have been verified and listed on the Stellar Port decentralized exchange. To be able to acquire AXU, thebelow text includes some basic guidance on how to buy XLM from an exchange to be able to participate in the private AXU Token pre-distribution.
If you have already XLM at hand, please review the brief guide on how to acquire the AXU Tokens here or go directly to the website at argentas.io(instructions included as well after the “Get AXU” button and terms and conditions).
Exchanges and Wallets
Exchanges
There are at least two different ways to acquire XLM through an exchange. Please note that we do not endorse any of the exchanges or wallets hereunder or promote their services, and we cannot guarantee the quality and accessibility of their services. The below descriptions are based on general knowledge of what has been possible in terms of ways to acquire XLM. Exchanges offering XLM through fiat or cryptocurrencies You can see a complete list of exchanges offering XLM through fiat or cryptocurrency trading pairs here.
1. Converting another cryptocurrency e.g. BTC or ETH into XLM If you hold BTC or ETH, you can use them in an exchange that offers BTC to trade them for XLM. The largest such exchange is Binance. If you hold BTC or ETH at another exchange e.g. Coinbase, you can open an account e.g. at Binance and transfer your desired BTC or ETH amount there and instantly convert them into XLM. Hereunder is a detailed description of steps to transfer ETH or BTC from Coinbase to Binance.
2. Converting fiat currency e.g. USD or EUR into XLM There are a few exchanges that offer the possibility to acquire XLM with fiat money. The largest exchange offering XLM/USD and XLM/EUR trading pairs is Kraken. Opening an account may be instant, depending on level of identification needs. SEPA transfers may be overnight. Some others like CEX.IO offer also instant Visa and MasterCard account topuppossibility and XLM/USD and XLM/EUR trade pairs.
Example: Transferring cryptocurrency from Coinbase to Binance
For example, if you have an account at Coinbase, you will be able to transfer your balance to Binance (when you have opened an account at Binance) in 5 simple steps:
Step 1: Jump into your Coinbase and then at the top of your screen select Accounts. (If you are on mobile, then Accounts will be at the bottom of your screen.)
Step 2: Next, choose the cryptocurrency that you want to send from your wallets.
Step 3: Now you have to enter the address that is found in your Binance details. (If you are on mobile tap on the little paper airplane icon which is on your top right hand side of your screen and then you will be asked to enter the amount you want to send and tap on Send. Don’t worry! It will not be sent yet because you still need to give it your Binance deposit address). On Binance, To find this address just jump into your Binance account, select Funds at the top of your screen (or at the bottom if you’re on mobile) and then tap on Deposit Withdrawals. (on mobile it is just Deposit at the top). Once that is done, just tap on Deposit on the cryptocurrency you are transferring and then get the Deposit Address.
Step 4: You are doing exceptionally well! Now all that you have to do is just enter the address that you just got right under Recipient in your Coinbase. Just choose the amount you want to send. (On Mobile just add the address that you’ve just got and then hit Send and you are done!)
Step 5: Finally, hit Continue and make sure to check all the details of the transaction and then complete the send. Voilà. Your cryptocurrency will now be transferred from your Coinbase to your Binance account. Just give it 15–30 minutes (or maybe longer at times) and then you can check your Binance account if it has been deposited yet. You can also check your Coinbase for Transactions if it has successfully gone through.
Wallets — Stellarport, the Recommended Wallet
Among the XLM-compatible wallets, we recommend to activate the Stellarport wallet. Why? Because Stellarport wallet is directly connected to the Stellarport decentralized exchange, where the AXU Tokens are listed as XLM-compatible verified digital assets and can be easily acquired with a couple of clicks. Stellarport can be used directly or with the Ledger Nano S hardware wallet, in case you have one.
You will be able to activate a Stellarport wallet in a couple of simple and quick steps:
Step 1: Go to the Stellarport website. Click the Sign up button.
Step 2: You will arrive on the wallet creation page as shown in the screenshot below. Choose the wallet type: one with (i) keystore file (default choice — save the keystore file securely), or (ii) key pair (save both and save the private key securely — you cannot lose it), or, instead, (iii) use your Ledger Nano S hardware wallet and connect it, if you have one. Follow the instructions, and after a couple of clicks your new wallet has been created — there is also a tutorial link on the page, if you wish to view it before creating the wallet.
Step 3: After you have activated your Stellarport wallet and transferred Stellar lumens XLM to the wallet from your cryptocurrency exchange account (a brief example below) or otherwise (please note that there is a tiny reserve needed on all Stellar accounts of at least 1 XLM before being able to use them), click the Exchange link on the top menu. You may need to confirm the login to trading with your wallet password. After you have transferred XLM to your own wallet, please follow the guidance on the on How to Buy AXU Tokens on Stellarport.
An example for transferring from exchange to your own wallet: In brief, when you have the wallet opened on Stellarport, see the tab on the top menu Logged in as with a large number next to it. Click that tab and it will copy to clipboard your Stellarport wallet account address, which is a long number like e.g. GAFH7NP37WKFFRFS7IQQMMPGVBTFJE5J5S32NIY4CIZNBSPOZRG3C4O2. So you will have your Stellar address and will be able to paste it, if you use e.g. Binance, in the Binance box for the Withdrawal address, select the XLM amount to send to your wallet and click Send. In a matter of seconds or minutes, depending on the exchange, you should see the XLM amount received on your Stellarport account. For every exchange, the withdrawal process should be quite similar, and the instructions are available on the respective exchange website, how to withdraw XLM from your exchange account and transfer it to your own wallet such as the Stellarport wallet.
Now, you will be ready to participate in the private AXU Token pre-distribution on argentas.io, or, if you wish, read the brief guide on how to acquire the AXU Tokens first here.
