How to Buy Stellar Lumens (XLM) With Credit Card, Debit Card, Paypal & eWallets

A complete beginners’ guide on how to buy Stellar (XLM). We tell you where to buy XLM, including the best brokers and exchanges to invest in. Also, learn about top secure payment methods including PayPal and credit cards.

Author: Usman Ahmed   -   Last updated: 19/03/2024
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In this article, we will share everything you need to know about investing in Stellar Lumens (XLM) tokens. We will guide you on the safe way to invest in Stellar, the best Stellar exchange, point you to the best broker to buy Stellar Lumens (XLM) in 2024, and provide you with a step-by-step guide on how to buy your first XLM token online.

At one time, Stellar was one of the ten largest cryptocurrencies in the world. But along the way it stumbled and its prices went on a downward spiral. Over the past few months, however, the Stellar Network has been working hard in winning back investor confidence in blockchain technology and helping boost XLM token prices. It started with sourcing partnerships with off-chain brands and extended to cutting the XLM coin supply by half.

But, What is Stellar? How much do you know about it?

Top 5 Exchanges & Brokers Where to Buy XLM in 2024

  • Min Deposit: $200
  • Number of Coins: 20+
  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Visit eToro

Capital At Risk

  • Min Deposit: 20 $£€ By Credit Card
  • Number of Coins: 26+
  • Regulated by FCA, CySEC, ASIC, & SCB
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit

80.84% of retail CFD accounts lose money

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Regulated by SEC, & FinCEN
  • Place Buy & Sell CFDs Orders
  • Low Minimum Deposit
Visit Coinbase

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 1500+
  • High Number of Coins
  • Accepts Fiat Deposits
  • Trade on Spot and Futures
Visit Binance

Capital At Risk

  • Min Deposit: 1 $£€
  • Number of Coins: 50+
  • Highly transparent exchange
  • Competitive Bitcoin trading fees
  • Highly secure
Visit Kraken

Capital At Risk

How to Buy XLM Instantly in Three Quick Steps

Step 1: Create an account

Setting up an account with a broker or an exchange that offers Stellar is the first step to buying the altcoin. While there are multiple options available, find the most reputable platform and create an account with them. In most cases, the account opening process doesn’t take more than a few minutes. In this article, we will explain what to look for in a good crypto trading platform and tell you of some of the best places to buy Stellar Lumens.

Step 2: Fund account

You need to have some funds in your account to buy Stellar. You will have access to different payment methods depending upon your country of residence and the selected broker or exchange. The most popular payment methods are a debit card, a credit card, Skrill, Neteller, PayPal, Web Money, Wire transfers, etc.

Step 3: Buy XLM with or without leverage

Once you have finished depositing funds in your account, you can now buy Stellar with or without leverage. Buying XLM with leverage means trading crypto derivatives. Brokers usually allow you to open XLM CFD contracts instead of selling your actual coins and in such a case, you only need a fractional amount to get started.

On the other hand, you can buy actual coins from crypto exchanges by paying the total value of Stellar. Buying Stellar coins without incorporating leverage requires you to commit more capital investment compared to opening a CFD position.

Please note that there also are hybrid brokerages like eToro that give you the option to buy XLM actual coins or trade XLM CFDs on their platform.

Step One
Open A Free Account
eToro Logo
Step Two
Deposit Funds
BankGiro PayMastercardNetellerPayPalSkrillUnionPayVisaYandex
Step Three
Buy Cryptocurrency
Buy Now

Capital At Risk

What Is Stellar (XLM)?

Stellar is a decentralized payment protocol that employs distributed ledger technology to facilitate financial transactions. Like other blockchain-based cryptocurrencies, it allows robust funds transfers across the borders. In other words, Stellar being an open-source platform, makes transactions fast and secure involving minimal cost. Lumens (XLM) is the utility token of the Stellar blockchain.

ٍStellar Lumens

How does Stellar (XLM) work?

The stellar network intends to enhance the efficiency of the existing financial system making it more accessible and transparent. Stellar validates and processes transactions using Federated Byzantine Agreement (FBA) based consensus mechanism, also known as Stellar Consensus Protocol.

Since miners on the network reach an agreement concerning a transaction’s validity within a few seconds, the SCP expedites transactions at cheap rates. Not to mention, instead of needing approval from the entire network, Stellar uses quorum slices to validate and approve a transaction. While each network node selects another set of trustworthy nodes, a transaction gets approved after being approved by all the nodes within this network.

How is Stellar (XLM) Different from or Similar to Bitcoins?

Bitcoin and Stellar and similar in that they both are designed to help solve the inherent challenges facing the global banking industry by revolutionizing how money is transferred and stored. There, however, are several fundamental differences in how they seek to achieve this goal, their design, and how their blockchains operate. Here are the four most visible differences.

Market capitalization

Bitcoin is the world’s oldest and by far the largest cryptocurrency. It currently has a market capitalization of $616.45 Billion and a total maximum circulation of 21 Million Bitcoins. Stellar on the other hand has 23.45 Billion Lumens in circulation, which gives the Stellar Network a market cap of $6,999,083,241, according to CoinMarketCap.

Consensus mechanism

Stellar (XLM) primarily differs from Bitcoin (BTC) due to its consensus protocol. Stellar doesn’t need the entire network of miners to approve a transaction. Instead, it uses the Federated Byzantine Agreement (FBA) algorithm protocol for quick validation and confirmation of transactions within the Stellar Network. Bitcoin, on the other hand, employs the proof-of-work (PoW) consensus mechanism.

Transaction Speed

Transaction processing on Stellar is faster than on the Bitcoin blockchain. While the Bitcoin network can only process an average of 5 transactions per second, the Stellar Network developers claim that their platform can process more than 1000 transactions per second. Stellar has also been consistently listed among the fastest blockchains around today.


Stellar focuses on including everyone in the digital economy and making bank loans and cash remittances accessible to all without charging individuals or institutions using the network. Bitcoin, on the other hand, seeks to introduce a safe network for transactions between two entities without involving third parties, such as banks, authorities, government, etc. However, users pay a network fee for conducting transactions on bitcoin’s blockchain.

Stellar (XLM) Historical Performance

Stellar launched in the crypto markets in August 2014. According to CoinMarketCap, the coin ended its first day of trading, on 6th August, selling for around $0.00265 with less than $36,000 worth of XLM coins having changed hands that day. The lack of demand for the coin meant that its prices reported depressing price action in the three years that followed.

It only started rallying in the second quarter of 2017 when the token prices rallied and broke above $0.5 for the first time in mid-May. Between June and September 2017, the coin prices slid again and briefly fell below $0.01 before embarking on the most spirited rally yet, culminating with an all-time high of $0.938 on 4th Jan 2018.

Stellar Lumens Price Chart

Nonetheless, it couldn’t sustain this uptrend and the token prices soon started plummeting and by the end of March 2018, XLM token prices had dropped to $0.1908. However, in May that year, the altcoin attempted a comeback but could only rise to $0.4392. This streak of value loss continued throughout the year and it saw the altcoin lose more than 75% of its peak prices to sell for around $0.1128 on December 31, 2018.

It would then continue with the dismal price action throughout 2019 and 2020. The altcoin had a relatively hard time pushing its price towards and maintaining a price level above $0.01. But as the crypto market started rallying at the end of 2020, led by Bitcoin and Ethereum, the XLM coin took cue quickly as its prices embarked on an ascent.

It started the year trading at $0.13 and rose sharply to reach $0.31 within the first week of January 2021. By mid-February, the coin prices had shot to $0.5. After this, the coin prices went into a brief correction period and fell to $0.3 at the end of March. It would however recover and resume the climb that pushed it to the season’s all-time high of $0.79 on 11th May.

The Stellar network has a market capitalization of $8.2 Billion which makes it the 20th largest cryptocurrency, according to the CoinMarketCap. It has a circulating supply of 23 Billion coins and a total maximum supply of 50 Billion Stellar Lumens – after burning more than half of the originally designed token supply.

What Factors Influence Stellar (XLM) Prices?

Here are some of the factors that have had the biggest impact on XLM token prices in the past and which are expected to continue playing a crucial role in shaping its future price action and direction.

  • Correlation between other coins and the crypto market: Stellar Lumens Price action is highly correlated to the performance of lead cryptocurrencies like Bitcoin and the overall performance of the crypto markets. The evidence for this is imprinted on the coin’s price chart that shows the token prices rising every time there is a Bitcoin-led crypto market rally and falling when the rally dies.
  • Strategic partnerships: Since its launch, the  Stellar network has entered into multiple strategic partnerships and collaborations with leading corporations like IBM where these off-chain brands commit to building crypto-related projects on the Stellar platform a. These play a key role in popularising the network which in turn goes a long way in boosting its price action.
  • Developments within the Stellar network: Stellar network developers have committed to improving the efficiency of the blockchain platform and making it as competitive as possible. It is for this reason that they decided to scale down the XLM coin supply burning half of their coin supply and are reportedly working on boosting the in-network transaction processing speeds.
  • Crypto regulation: Stellar network, like Ripple, is aimed at streamlining the global banking industry operations and impacting how cash is distributed across the globe. Analysts expected this to put it at loggerheads with some financial regulators who wish to maintain a tight hold on the finance industry within their jurisdictions. It, therefore, shouldn’t come as a surprise if legislations are put in place to limit its reach and influence on the global financial industry.

How to Invest in Stellar (XLM)?

Now that you know how stellar has performed in the past and the factors influencing its price action. It is time we looked at the different Stellar investment strategies.

Buy and Hold (Long-term)

Buying and holding crypto-assets anticipating a rise in their value is one of the most popular investment strategies. Amidst the recent surge in Stellar prices, adding it to your crypto portfolio can be a worthwhile decision in the long run. Note however that the price action for different coins is highly volatile and that digital currencies carry greater risks compared to traditional investments.

Stellar CFD Trading

Trading Stellar as CFD is yet another effective way of investment. Trading crypto CFDs enable you to earn both in Bull and Bear markets. Besides flexible lot sizes, you can access high leverage to maximize your profit-earning potential. The best part is that you only need minimal investment to open a CFD position.

Day Trading Stellar

Investment in Stellar via day trading is also a fruitful option to consider. Day trading refers to opening and closing off your positions within the same day. With day trading, you can make quick money since most of your trading positions are likely to remain open for relatively a short time ranging between a few seconds to a few hours minutes. However, day trading is considered a riskier form of investment compared to other choices listed above. You need to have the profound market knowledge and extensive trading experience to survive being a day trader.

How to Buy XLM Coin Guide

Here are the most popular ways to buy Stellar on the different trading platforms that list the altcoin.

Buy XLM With a Credit Card or a Debit Card

Making a payment with credit card or a debit card is one of the quickest methods to buy XLM. Almost all brokerage firms and crypto exchanges accept card payments, including eToro. Deposits made via debit cards or credit cards are instantaneous and attract no additional processing fees.

How to Buy XLM with Credit Card in 3 Steps

  1. Choose an Exchange: Choose an exchange that allows you to buy XLM with credit card. Proceed to create an account and confirm your identity by providing the necessary documents.
  2. Verify Your Credit Card Information: You’ll need to enter the necessary details such as your name, address, and credit card number. You may also be asked for additional information such as a security code or expiration date.
  3. Buy XLM with Credit Card: Select XLM as the currency you want to buy and the amount that you would like to buy. Then click “confirm” and wait for the transaction to be completed.

Clients can fund their accounts in USD, GBP, EUR, and AUD. However, all transactions made in a currency other than the U.S. Dollar will carry a 2% currency conversion charge. The minimum deposit amount is $200 on eToro. Clients buying Stellar with credit card or debit card can add a maximum of $40,000 to their account.

Buy Stellar (XLM) With Credit/Debit Card

Buy XLM with eWallets (Skrill, Neteller)

Paying for different products and services with e-Wallets is also a popular method in the online world. Luckily, eToro also supports payments via e-wallets, such as Skrill and Neteller. However, before proceeding with e-wallet payments, clients need to make sure that their country doesn’t fall in the restricted jurisdictions where services of Skrill and Neteller are not available yet.

While the minimum deposit stays the same for clients who wish to buy Stellar with Skrill or Neteller i-e $200, eToro sets the maximum limit for e-wallet payments as $10,000. Please note that you need to have an active and funded account with either of the platforms to use them as a payment method. However, you can also link your debit or credit card with your Skrill or Neteller account alternatively. Supported currencies for e-wallet payments, including USD, GBP, and EUR. To avoid conversion charges, please fund your account in U.S. Dollars. Funds transferred via e-wallets instantly reflect in your eToro account.

Buy XLM with PayPal

PayPal is yet another popular option to pay for your Stellar coins on eToro. Provided that eToro supports PayPal in your country, you can add funds to your account up to $10,000. While the process is pretty fast and straightforward, eToro allows you to fund your account in USD, GBP, AUD, and EUR. There is no commission or fees on deposits, except for the conversion charges on transfers made in a currency other than the U.S. Dollar. To use PayPal, clients need an active account having some funds in it.

How to Buy XLM with Paypal in 3 Steps

  1. Choose an Exchange That Supports XLM and Paypal: The first step in buying XLM with Paypal is choosing the right exchange platform. Create an account and fill out the necessary information for identity verification.
  2. Connect Your PayPal Account: Once your account is created, connect your PayPal account to your exchange profile. After connecting your accounts, select “PayPal” as your payment option when buying XLM.
  3. Buy XLM with Paypal: Input the amount of XLM tokens you would like to buy with PayPal and confirm the transaction before it completes processing.

Buy XLM With Bank Wire

Bankwire is not only the most secure way to buy Stellar, but it is one of the widely accepted methods across all platforms, including eToro. However, clients usually keep it as their second option because it takes more time to process deposits and withdrawals compared to other payment methods. The average time needed for a wire transfer is 3 – 7 working days. The upside to using bank wire is that it is the only method that allows you to add unlimited funds to your eToro account.

Buy XLM Anonymously With No ID Verification

You can also buy XLM anonymously(without ID verification) on eToro. The brokerage allows you two weeks after registration to verify your account. Meanwhile, clients can buy XLM tokens without revealing their identities. However, there is a deposit limit of $2250 for unverified eToro accounts.

What are the Pros and Cons of Buying Stellar (XLM)?


  • Potential for profitability: Crypto analysts are confident that  Stellar has all it takes to keep its prices soar in the foreseeable future. This then sets current and immediate future XLM investors up for decent profits when the coin eventually rises to unimaginable heights.
  • Fast transaction processing: Since its launch, Stellar network has been consistently ranked among blockchains with the fastest and transaction speeds and affordable rates. You, therefore, are guaranteed that your XML transactions will be faster and cheaper than when trading popular cryptos like Bitcoins or Ethereum.
  • Favors multiple investment strategies: Stellar prices are expected to continue rising, helping the coin appeal to long-term investors while its volatile price action and high daily trading volumes make it attractive to day traders.
  • Easily accessible: Stellar tokens have been listed with some of the most popular and highly liquid crypto trading platforms in the world. These make adding and liquidating your XLM token portfolio relatively easy.
  • Enhanced credibility: While Stellar is compatible for incorporating tech elements, such as blockchain-based smart contracts and multi-signature technology, its partnership with technology giants like IBM enhances the network’s credibility.


  • Competitive threat from Ripple: Rival coins such as Ripple and Ethereum appear to be the strong competitors of the Stellar network in the crypto space. One of the main reasons is that Stellar offers the same services as Ripple and Ethereum networks do. Hence, it becomes difficult for Stellar to keep an upper edge.
  • Not mineable: Unlike Bitcoin or Ethereum, you can’t mine XLM since it doesn’t use a proof-of-stake (PoS) or proof-of-work (PoW) consensus mechanism.
  • Not widely accepted: Compared to BTC, XLM has yet to become widely accepted as a payment method or store of value. However, you can still use XLM coins on supported merchant outlets.

What Do You Need Before You Can Buy Stellar (XLM)?

After learning how to buy Stellar and the different ways in which you can invest in XLM tokens, it is now time to learn what you need before you can start buying the altcoin. Here are the three must-haves.

Trader account

Opening a trader account with a brokerage firm or crypto exchange is the first step to beginning your Stellar investment journey. Later in this article, we will tell you of the best places to buy Stellar altcoins and what to look for when choosing a Stellar trading platform. They mostly request your personal information and ask that you verify your identity by asking you to share a copy of your government-issued identification document, like a Passport or driving license.

Capital Investment

Secondly, you also need to have some funds in your account to start buying Stellar coins. The minimum capital investment required to open an account may vary from broker to broker. However, most brokers and crypto exchanges allow you to start trading with as low as $2. The investment required will also depend on your investment strategy. For example, if you wish to trade crypto CFDs, only a small amount would suffice. However, if you plan to buy actual crypto coins, you need more investment.

Stellar wallets

You will also need a crypto wallet to help keep the purchased Stellar coins safe and secure. While different types of wallets are available in the market, the most commonly used methods are hot and cold storage wallets. Your exchange will likely provide you a space to store your Stellar coins after buying them from it. However, the exchange-provided wallets are considered less secure as compared to cold storage options. Therefore, it is best to keep your digital assets in an encrypted offline storage device.

How Much Do You Need to Buy XLM?

Typically, there is no standard limit to how much you can invest in cryptocurrencies today. In most cases, the minimum and maximum investment amounts are informed by a host of factors both within and out of your control. The minimum trade amount will for instance be determined by such factors as your preferred deposit method, investment strategy, and preferred trading platform.

The maximum on the other hand will be determined by your preferred trading platform, your disposable income, investment strategy, and risk tolerance. In most cases, long-term crypto investing is considered relatively safe because of most coins’ ability to maintain an uptrending price action while day trading is considered risky and appeals to derivatives traders who have access to leveraged funds that allow them to stake little capital to the trade.

Where Can You Buy XLM Today?

Stellar is one of the popular cryptocurrencies. It is currently listed by virtually all the popular crypto trading platforms across the world making it one of the most accessible altcoins. Whether you wish to purchase actual coins or trade XLM derivatives, you will almost always have easy access to a platform that sells actual stellar coins or their derivatives.

These include exchanges like Binance and Coinbase or peer-to-peer trading platforms that sell you actual Stellar coins, crypto brokerages like where you can buy XLM CFDs. There also are hybrid crypto trading platforms like eToro that let you buy both actual coins and XLM CFDs on their platform.

What to Look for in a Stellar (XLM) Trading Platform?

The market is almost full of brokerage firms, over-the-counter exchanges, and peer-to-peer trading platforms listing XLM coins. Hence, finding the best place to buy Stellar coins can be quite tiring. However, with little guidance, things become more manageable. Let us share some of the factors you must look for when signing up with a crypto exchange or a brokerage firm.

  • Reputation: We always keep the reputation element on top of the list. No doubt, a reputable broker is likely to remain fair and transparent. You can read online reviews and clientele feedback of your prospective platform. Checking the trust score of your preferred company with several third-party reviewer websites, such as TrustPilot, can also help you know if the platform is worth your interest.
  • Regulation: You should prefer signing up with a regulated exchange. And this reputable platform should be sufficiently liquid, adequately regulated, have proper safeguards in place to protect your information and crypto assets, and maintain an easily accessible and highly responsive customer support team.
  • User-friendly platforms: Since you need a platform to connect to the market, your prospective broker should have easy-to-use trading platforms. Besides having all the basic and advanced trading tools, it should have plenty of educational resources to help you navigate the platform and open different order types.
  • Supported payment methods: Good brokerage firms and crypto exchanges offer flexible payment options with competitive costs. You should also carefully check the available payment methods and the associated fee for each option available with your broker.
  • Trading cost and Miscellaneous fees: Besides looking for low transaction fees, you may also wish to know various charges in place, such as inactivity fees, interest rates on overnight swaps. Do not forget to check commissions applied, conversion charges, and hidden costs. You can also compare the pricing structure of your prospective broker or exchange with other competitors. Avoid signing up with platforms having an expensive pricing structure.

Since we have explained all the necessary information you need to know before you could start buying Stellar coins, let us now enlist the five best platforms available for trading Stellar.

1. eToro – Best for Social Trading

Available Coins: 20+
Margin Trading: YES
Minimum Deposit: $200
Visit eToro

Capital At Risk

The eToro trading broker is the world’s leading social trading platform that offers multiple financial instruments across various classes of assets, including forex, indices, metals, commodities, and cryptocurrencies. eToro started its operation in 2007. Over the years, the company became the best platform that provides seamless copy trading exposure. The broker holds regulations from top-tier regulatory firms, including CySEC and FCA.

eToro homepage

Besides user-friendly trading platforms and advanced trading tools, the company offers rich research and educational resources suitable for novice and skilled trading professionals. Whether you wish to buy actual Stellar coins or prefer to trade a CFD position, eToro facilitates its clients in any case. With eToro’s copy trading service, clients can copy trades of other professional traders conveniently. The company keeps its pricing structure in line with average industry standards. While the broker doesn’t charge a commission or hidden fees, it employs a spread charge of 2.45% for trading XLM tokens.

Buying Stellar on eToro is a hassle-free process. Besides setting up an account with the company within a couple of minutes, you can fund your account instantly using multiple payment options available. eToro accepts payments through credit cards, debit cards, e-wallets (Skrill, PayPal, Neteller), wire transfers, BPAY, Swift, Venmo, Union Pay, Apple Pay, Web Money, and a few other local payment methods. While the minimum deposit amount is $200, the company allows you to add maximum funds of up to $40,000 using a debit or credit card. eToro doesn’t charge any fees on deposits. However, clients need to pay a flat rate of $5 on withdrawals.

Pros and Cons of Buying Stellar (XLM) on eToro


  • Easy-to-use trading platform: eToro offers user-friendly trading platforms. While the user interface is quite simple, anyone can navigate around the trading platforms conveniently.
  • Sells both actual XLM coins and CFDs: Unlike most brokerage firms, the company doesn’t offer CFD positions only. Instead, you can buy both Stellar coins and trade XLM CFDs on eToro at competitive fees.
  • Insurance backup: Clients’ investments have insurance backup on eToro. The broker covers clients’ deposits of up to EUR/AUD 1 Million in case the company becomes liquidated.
  • Regulated: eToro holds dual regulations from the world’s most reputable regulatory authorities such as CySEC and FCA.
  • Social trading: The company is best known for its copy trading services. It lets beginner traders start earning right from day one by letting them copy trade strategies of other professional traders.


  • High minimums: Compared to other competitors, eToro asks for high minimum deposits, i-e $200, making it a little difficult for clients to join it.
  • Non-trading fees: Despite the company’s competitive spread policy, non-trading costs, such as conversion charges and withdrawal fees, can make the overall trading cost look expensive.
  • Limited customer support: The broker live chat service is available to eToro’s club members only. Other clients need to contact the company by email, which can be inconvenient for some traders.

Learn our to get started with the broker in our detailed eToro guide 2024.

How to Buy XLM on eToro – Step By Step Guide

  1. On eToro’s official website, click on the join now button to access the signup page.
    eToro Screenshot
  2. Fill in your details on the registration form and click create an account after reading the terms and conditions.
    Create Account screen
  3. Submit the supporting documents to verify your account. Else, you can only buy XLM worth $2250 with no I.D. verification.
  4. Access the deposit page and select your preferred payment method, such as debit card, credit card, Skrill, Neteller, Wire transfers, etc. Indicate the amount you wish to deposit. Authenticate payment details to complete the transaction.
    Deposit Funds to Buy Stellar Lumens (XLM)
  5. On the markets tab, find Stellar using the search bar. Enter the required amount of Stellar and press the open trade button to finish the purchase.
    Enter Amount to Buy Stellar Lumens (XLM)

2. – Best for CFD Trading

Available Coins: 26+
Margin Trading: Yes
Minimum Deposit: 20 $£€ By Credit Card

80.84% of retail CFD accounts lose money

The trading broker is a multi-asset brokerage firm best known for providing competitive CFD trading services. Unfortunately, the broker doesn’t sell actual coins. Therefore, you can only trade CFD contracts of Stellar and other supported cryptocurrencies at The broker allows you to maximize your earning potential using a leverage of up to 1:2. While the company holds multiple regulations, it is considered a low-risk broker. Screenshot

Besides providing personalized market insights, the broker employs A.I. technology to empower its trading platforms and facilitate instant, also known as one-click, order execution. Trading Stellar at is also pretty straightforward. After signing up with the broker and verifying your account, you only need $20 to start trading your favorite crypto asset.

In addition to the fast account opening process at, multiple deposit options are supported to make it even more convenient for traders to get started right away. Clients can deposit funds using a debit card, a credit card, and bank transfers. Depending upon your jurisdictions, the broker may allow you some other options, such as Google Pay and Apple Pay, etc.

While the company doesn’t charge any fees on deposits and withdrawals, the broker’s competitive spreads make it one of the best choices available to trade crypto CFDs. Not to mention, clients can also open a demo account with the broker to practice unlimited trading strategies without risking their real funds.

Pros and Cons of Buying Stellar (XLM) on


  • Seamless trading: The company offers seamless trading exposure to its clients with user-friendly trading platforms and advanced risk management tools.
  • Competitive trading cost: The broker’s pricing structure is in line with the average industry standard. Clients are likely to have the best prices offered to trade Stellar CFDs.
  • Safe and secured: keeps clients’ funds in segregated bank accounts and holds multiple regulations in various jurisdictions worldwide that make it reasonably safe.
  • Flexible trading: The broker employs minimal trade restrictions and allows clients to use different trading and money management strategies, such as hedging and scalping.


  • Fewer tradable assets: lacks to offer competitive variety in terms of available financial instruments to trade. Clients can trade a maximum of 11 crypto coins, including Stellar.
  • Small leverage: The broker allows maximum leverage of up to 1:2 for trading crypto CFDs which is relatively insignificant compared to other competitors.
  • No price alerts: Clients using web-based trading platforms can’t subscribe to price notifications as it is not available.

Check out our comprehensive review 2024 to learn more about the broker.

How to Buy XLM on – Step By Step Guide

  1. Visit the official website of and click on the trade now button to sign up.
    Create Account at
  2.  Enter your email I.D. and a password on the registration page and click continue to proceed to the next step.
    Create Account at
  3. Access the dashboard and click the fund account button to add funds to your account. Select the preferred payment method from the available options, i-e debit card, credit card, wire transfers, Apple Pay, etc. Enter the desired amount and authenticate the payment details.
    Fund Account at
  4. On the trade tab, find Stellar using the search bar and select the tradable pair.
    Select Tradable pair to Buy Stellar Lumens (XLM)
  5. Indicate the amount you wish to trade and click the trade button to open the CFD position.

Note: Since trading Stellar on involves leverage, you buy CFDs and not the actual coins. Therefore, you can’t transfer the leveraged tokens to other crypto wallets.

3. Coinbase – Best for Beginners

Available Coins: 50+
Margin Trading: No
Minimum Deposit: 1 $£€
Visit Coinbase

Capital At Risk

Based in the United States, The Coinbase crypto exchange is one of the world’s most popular crypto exchanges and it has been around for nearly a decade. In April 2021, the company listed its shares on the Nasdaq and became the first-ever listed crypto exchange.

Coinbase is best known for its user-friendly trading platforms that make it easy for clients to trade Stellar and other cryptocurrencies. It is also rich in educational resources and in-depth market research tools that make it the best choice for beginners.

It features an easy account opening process and quick verification and asks for low minimum deposits and trade limits. You can also add more funds to buy more Stellar coins using multiple payment options, such as debit cards, PayPal, Apple Pay, wire transfers, etc. Not to mention, Coinbase also accepts crypto payments.

Since the crypto exchange abides by all the laws and regulations of the concerned regulatory authorities, your account verification is mandatory to buy Stellar on Coinbase. While the crypto exchange is quick to accept deposits, its withdrawal process is also reasonably fast.

The crypto exchange applies no fees on deposits and withdrawals. However, it may charge a transaction fee between 1.49% to 3.99%, depending upon your selected payment method. Other products and services available on Coinbase include Custodial wallet services, Coinbase index, USDC coin, and Coinbase Ventures.

Pros and Cons of Buying Stellar (XLM) on Coinbase


  • Regulations: Unlike many crypto exchanges, Coinbase holds a license to be engaged in financial activities and money transmission in multiple jurisdictions within the United States.
  • Safety of funds: Coinbase keeps not more than 2% of its digital assets online. Its cold storage options make it less prone to hack attempts.
  • FDIC insurance: The company also offers funds insurance in registration with Federal Deposit Insurance Corporation (FDIC) to clients based in the United States. Under FDIC, clients can claim their financial loss of up to $250,000 if the company goes bankrupt.
  • Simple User Interface (U.I.): Coinbase user interface is so simple that even novice traders can navigate around it without any issue.


  • Confusing fee structure: The exchange holds a complex fee structure which can be confusing for some traders.
  • Compromised confidentiality: Since the exchange is highly regulated, it doesn’t allow users to buy Stellar anonymously (without ID verification)
  • Slow customer support: Customer service is yet another drawback of the crypto exchange. Since there is no live chat available, you need to go for alternatives, such as telephone and email that can be time-consuming.

Check out our comprehensive Coinbase review 2024 for all the information you need to get started.

How to Buy XLM on Coinbase – Step By Step Guide

  1. Click the get started button available on the top right corner of the official website of Coinbase.
  2. Fill up the registration form and click create an account after reading the terms and conditions.
    Create Account at Coinbase
  3. Click on the link received from the crypto exchange to verify your email I.D. and access the dashboard.
  4. Click on the deposit funds button under the portfolio tab and select your preferred payment method, such as debit cards, wire transfers, PayPal, Apple Pay, bank account, etc. Enter the amount you wish to deposit and authenticate the transaction.
    Deposit Fund to Buy to Buy Stellar Lumens (XLM)
  5. Open the watchlist tab, select Stellar, enter the desired amount and click buy to complete the purchase.

4. Binance – Best for Low Fees

Available Coins: 1500+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Binance

Capital At Risk

With a daily trading volume of more than 2 Billion U.S. Dollars, the Binance trading exchange is the world’s largest and one of the most popular cryptocurrency exchanges. The company came into existence in 2017 and is well known for its low-cost trading solutions. Besides providing a wide range of tradable assets, the crypto exchange makes it convenient for clients to buy Stellar using their preferred payment methods.

You can add funds to your account via debit card or credit card. In addition to accepting payments through more than 60 alternatives on the P2P platform, the exchange allows users to buy Stellar via third-party payment fiat-to-crypto exchanges like Simplex and Banxa.

Binance Homepage Screen

Clients have the option to buy Stellar and other cryptocurrencies using the web-based platform or the desktop version. Binance also facilitates on-the-go users with its mobile trading app. After purchasing the required quantity of Stellar coins, you can hold them online in the Binance secured wallet for free. However, keeping your crypto coins on the same exchange where you buy them is not recommended. Instead, it would be best if you opt for a cold storage option.

While the company keeps its pricing structure reasonably affordable, low deposit requirements enable less privileged clients to sign up with the exchange. Binance neither charges fees on deposits and withdrawals nor applies any commission on buying Stellar or other cryptocurrencies. There are no hidden charges as well.

Pros and Cons of Buying Stellar (XLM) on Binance


  • Liquidity: Binance offers exceptional liquidity, making it easy for clients to liquidate their positions without significant price deviations.
  • World-class trading platforms: Binance offers advanced trading platforms that feature top-notch trading tools and indicators and are more suitable for experienced professionals.
  • Low fee structure: Besides holding low trading costs, the exchange offers additional discounts of up to 25% to clients using the exchange native cryptocurrency – BNB coin.
  • Reliability: Although the exchange is relatively new to the crypto space, it has become one of the most reliable exchanges for buying cryptocurrencies.


  • Complex user interface: Binance has too much to offer. Multiple options on the Binance user interface might become inconvenient for newbies.
  • No phone support: Clients can contact the company via live chat or email. Unfortunately, the exchange doesn’t offer customer support over the phone.

Check out our detailed Binance review 2024 to learn more about the broker.

How to Buy XLM on Binance – Step By Step Guide

  1. Click the register now button on the official website of Kraken to access the sign-up page.
    Register at Binance to Buy Stellar Lumens (XLM)
  2. Enter your email ID and a password on the registration form. Alternatively, you can also use your mobile number to sign up with Binance.
  3. Click the fund account button on the dashboard and tap on the fiat deposit option on the popup screen. Select your preferred payment method
    Select Deposit Channel to buy Stellar Lumens (XLM)
  4. Enter the amount you wish to deposit and authenticate the payment details to complete the transaction.
  5. Click the spot trading button on the markets tab and find Stellar (XLM) using the search bar.
  6. Indicate your desired amount of Stellar and click the trade button to finish the purchase.

5. Kraken – Best for Security

Available Coins: 50+
Margin Trading: YES
Minimum Deposit: 1 $£€
Visit Kraken

Capital At Risk

Kraken is yet another U.S-based crypto exchange founded in 2011. The company provides crypto-to-fiat trading services and lists over 50 crypto coins at times. With a focus on the safety of digital assets, the exchange is best known for its safe and regulated storage space. Unlike other crypto exchanges, Kraken gets its final accounts audited each year and submit them to concerned authorities. The company also employs advanced security protocols, including Secure Socket Layer (SSL) web encryption and two-step authentication factors to keep your personal and financial information out of the reach of intruders.

While the company offers intuitive trading platforms, buying Stellar on Kraken becomes a lot easier. Multiple funding options, such as debit card or debit card, Fedwire, Etana Custody, SWIFT, Silvergate Exchange Network (SEN), help clients instantly get started with the exchange. The company also accepts fiat deposits in U.S. Dollars (USD), Euro (EUR), and Canadian Dollar (CAD) with nominal fees. Notably, the company doesn’t charge any fees from clients depositing funds in CAD and EUR via SEPA transfers.

Not to mention, the Kraken account verification is a bit of a lengthy process and may take some time before you can add funds to your account. The company accepts clients from almost all parts of the world, including the United States.

Pros and Cons of Buying Stellar (TRX) On Kraken


  • Reasonably secured: With advanced security measures, including SSL encryption, and two-step authentication, Kraken offers reasonable assurance for the safety of your funds.
  • Liquidity: Being the world’s fourth most liquid exchange, Kraken ensures increased liquidity, enabling clients to fill up their orders instantly.
  • Transparency: While the crypto exchange maintains audited final accounts, it ensures maximum transparency.
  • Competitive pricing: Other than the safety feature, Kraken’s low trading cost is another reason investors prefer Kraken over other exchanges.


  • Not suitable for newbies: Since the exchange offers a complex range of tradable financial instruments, it might not suit novice traders.
  • Limited payment methods: Kraken offers a few domestic and international payment methods missing the most popular ones, including credit cards and e-wallets.

How to Buy XLM on Kraken – Step By Step Guide

  1. Click the signup button available on the top right corner of Kraken’s homepage.
    Kraken Homepage Screen
  2. Enter your details on the registration page, such as name, email ID, and country of residence, and click the create account button.
    Sign in to Kraken Screen
  3. Check your email and click the link received from Kraken to complete the signup process.
  4. On the dashboard, click on the funding tab, select your preferred payment method and follow the instructions to add funds to your account.
  5. After receiving funds in your account, find stellar using the search bar and indicate your desired number of Stellar coins and click the trade button to make the purchase.
    Select Stellar Lumens (XLM) screen) to Buy

Other Ways of Getting Stellar (XLM)

Besides buying Stellar coins on the respective exchanges, listed are some other ways to acquire Stellar coins.

Gift or tip

Since it is a relatively affordable token to buy, Stellar coin falls within reach of everyone. Therefore, it shouldn’t surprise you if someone wishes to give you Stellar coins as a gift or tip. All you need is to set up a tip jar to start receiving your favorite coins.

Through Stellar faucets

Faucet websites offer free Stellar coins to individuals who complete different tasks on their platforms. These range from watching video advertisements, playing online video games, participating in online surveys, or watching promotional videos.

How Can You Use Stellar (XLM)?

After buying Stellar tokens (XLM), you would like to know how to use them best. Listed are some common ways you may consider spending your Stellar coins.

  • HODL as a speculative asset: HODLing refers to buying assets at current market prices and holding them for an extended period anticipating an increase in their value. You can, therefore, buy some Stellar coins now with the hope of selling them in the future for higher prices.
  • Trade the altcoin: Trading your Stellar coins can also be a worthwhile option to consider. You can either sell your XLM coins when the prices are high or buy them when the market drops. Undoubtedly day trading or swing trading are some of the effective trading strategies.
  • Pay for goods and services: You can also pay your Stellar coins to settle payments against different products and services. Although XLM tokens are not widely accepted yet, many merchants and online stores accept XLM as a supported payment method.
  • Donate to a charity: Helping humankind is for sure a great way to spend your Stellar coins. Just find a human welfare society or NGO that accepts Stellar as donations.

What do Reddit & Quora users say about Buying & Investing in Stellar (XLM)?


The Quora community holds mixed feelings concerning Stellar investments. According to some members, XLM tokens have a great potential to witness a surge in their prices. The members quote the useability of XLM tokens in support of their assumptions.

For example, people will have a cheap means to transfer funds across the borders without paying excessive charges, unlike the traditional payment system where you can transfer limited funds and pay substantial fees. Another reason for anticipating growth in the value of Stellar coins is its partnership with tech giants, such as IBM, ICIC, Deloitte.

Stellar Lumens (XLM) Reviews on Quora

On the other hand, a section of the Quora platform users believes investment in Stellar is not a good idea. They believe that Stellar can compete with Ethereum in terms of developing decentralized apps. Also, developers hold the least interest in Stellar since they wish to make huge profits while Stellar transaction fees are too small to benefit developers.


Unlike Quora, the Reddit community seems to be fully supportive of Stellar’s (XLM) investments. According to the majority of Redditors, the prospect of crypto is immensely bright. While some users appraise the foundation’s noble objective of eradicating poverty, others seem inspired by its low-cost transactions.

Stellar Lumens (XLM) Reviews on Reddit

Reddit members believe that Stellar is a sleeping giant. Soon its price will surge to crazy heights given its partnership with IBM and the increased adoption rate in the coming years. However, some users also complain about the sluggish marketing strategy of the Stellar foundation. In their opinion, a better marketing approach is needed to bring it into the eyes of giant investors and make it the ultimate means for digital payments.

Bottom Line

Stellar was created to address the issues of the current financial system concerning international remittances, such as excessive fees and delayed processing. With inexpensive solutions for cross-border transactions, XLM elevates the standard of the traditional banking system. Stellar aims to allow developers to incorporate a robust exchange and trading system. Therefore, anyone having access to a basic hardware setup and an internet connection can transfer funds seamlessly through the Stellar network. In this guide, we have covered Stellar in detail. We have also enlisted the best platforms where you can buy Stellar coins at the best prices.

Frequently Asked Questions (FAQs)

Depends what you’re looking for. If you’re looking for a high-risk, high-reward investment, then Stellar may be a good choice. The potential return on investment is high, but so is the risk. If you’re looking for a more stable investment with lower potential returns, then Stellar may not be the best choice.

There are a few ways to purchase Stellar crypto. One way is to buy it on an exchange like the ones listed above. Another way is to participate in one of the many airdrops that occur throughout the year. 

There could be a few reasons why your XLM stash isn’t growing as quickly as you’d like. Maybe you’re not holding enough XLM. Maybe you’re not participating in enough staking or validating activities. Or maybe the Lumens blockchain itself isn’t growing as fast as other blockchains.

There are a few ways to buy XLM, but the most common method is through online exchange. There are a number of online exchange that sell XLM. We’ve listed some of the best above, so you should be able to find one that suits your needs. However, before making a purchase, it’s important to carry out your own research.

There’s no way to know for sure, but there’s a good chance that XLM could reach the $1 mark in the near future, or not. The cryptocurrency market is constantly evolving, and it’s impossible to say for certain which currencies will succeed and which will fail. However, XLM has a lot of potential, and it seems likely that it will continue to grow in popularity over the coming years.

There is no one answer to this question – it depends on your investment goals and risk tolerance. However, in general, I would say that Stellar Lumens (XLM) is a relatively safe cryptocurrency investment.

Yes, you can buy Xlm with a credit card. However, there are a few things to keep in mind before you do so. First of all, make sure that the exchange you’re using supports credit card payments. Not all exchanges do. Secondly, be aware that credit card purchases typically come with higher fees than other methods (such as bank transfer). And finally, remember that Xlm is a volatile asset, so its price could go up or down significantly over the course of just a few hours – not ideal if you’re looking to lock in a specific price.

Yes, you can buy XLM with PayPal. Just find a platform that lists PayPal, create an account, and then link your PayPal account to your platform. Once that’s done, you can use your platform to buy XLM with Paypal. The whole process takes less than 5 minutes and is extremely easy to do.

Stellar is dropping because the hype around it has died down and people are losing interest. It’s no longer the new, shiny coin and people are slowly realizing that it’s not as great as they thought it was. The community is becoming disillusioned and the price is reflecting that.

It depends on what you mean by “a good investment.” If you’re looking for a cryptocurrency that will provide a high return on investment, then XLM may not be your best bet. However, if you’re looking for a currency that has potential long-term stability and growth, then XLM is definitely worth considering.

You sure can XLM with debit card! Just find a platform that accepts debit card purchases, register an account, fund it and proceed to buy xlm. Check out the ones listed above.

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