How to Buy Stellar (XLM): A Step-by-Step Guide

Introduction

When purchasing Stellar, there are several factors to consider, including choosing an exchange to purchase it from and transaction method. Fortunately, we've compiled a bunch of reputable exchanges to help you with the process.

Step-by-Step Guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in the in your country and supports Stellar trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Nexo Stellar (XLM) 0.27
PrimeXBT Stellar (XLM) 0.27
Uphold Stellar (XLM) 0.27
EarnPark Stellar (XLM) 0.27
YouHodler Stellar (XLM) 0.26
Kraken Stellar (XLM) 0.27
See all 70 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Nexo Stellar (XLM) 0.27
PrimeXBT Stellar (XLM) 0.27
Uphold Stellar (XLM) 0.27
EarnPark Stellar (XLM) 0.27
YouHodler Stellar (XLM) 0.26
Kraken Stellar (XLM) 0.27
See all 70 prices
3. Fund Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the Stellar Market
Once your account is funded, search for "Stellar" (XLM) in the exchange's marketplace.
5. Choose a Transaction Amount
Enter the desired amount of Stellar you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy XLM" or equivalent button.
7. Complete Transaction
Your Stellar purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It's always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Nexo	Stellar (XLM)	0.27
PrimeXBT	Stellar (XLM)	0.27
Uphold	Stellar (XLM)	0.27
EarnPark	Stellar (XLM)	0.27
YouHodler	Stellar (XLM)	0.26
Kraken	Stellar (XLM)	0.27

Platform	Coin	Price
Nexo	Stellar (XLM)	0.27
PrimeXBT	Stellar (XLM)	0.27
Uphold	Stellar (XLM)	0.27
EarnPark	Stellar (XLM)	0.27
YouHodler	Stellar (XLM)	0.26
Kraken	Stellar (XLM)	0.27

What to be Aware of

When purchasing Stellar, it's important to choose a reputable exchange that is easy to use, and has reasonable fees. Once you've done this, always transfer your crypto a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.

Latest Movements

Stellar (XLM) is currently priced at US$0.48 with a 24-hour trading volume of US$490.63M. In the last 24 hours, Stellar has experienced a decrease of -2.34%. The market cap of Stellar stands at US$12.06B, with 30.38B XLM in circulation. For those looking to buy or trade Stellar, Nexo offers avenues to do so securely and efficiently}

Market cap: US$12.06B
24h volume: US$490.63M
Circulating supply: 30.38B XLM

See latest information

Frequently Asked Questions About Buying Stellar (XLM)

What factors influence the price of Stellar (XLM)?: The price of Stellar (XLM) is influenced by various factors, including market demand and supply dynamics, technological developments within the Stellar network, regulatory news, and overall market sentiment toward cryptocurrencies. Additionally, significant partnerships and the adoption of Stellar's technology for cross-border payments can also impact its price. Staying informed about these factors through resources like Bitcompare can help you better understand price movements.
How can I track the current price of Stellar (XLM)?: You can track the current price of Stellar (XLM) through various cryptocurrency exchanges and financial platforms. Bitcompare provides real-time price comparisons across multiple exchanges, ensuring you have up-to-date information at your fingertips. By regularly checking the Bitcompare platform, you can also set up email alerts to stay informed about significant price changes and market trends related to Stellar.
What is the historical price trend of Stellar (XLM)?: The historical price trend of Stellar (XLM) has experienced significant fluctuations since its launch. Initially priced low, XLM saw a notable surge in late 2017, reaching its all-time high. Since then, its price has undergone various ups and downs, influenced by market conditions and developments within the Stellar network. For a comprehensive view of historical price movements, Bitcompare provides detailed charts and analysis, enabling users to track trends and make informed decisions.
What are the best platforms for trading Stellar (XLM)?: The best platforms to trade Stellar (XLM) include major cryptocurrency exchanges such as Binance, Coinbase, and Kraken, which offer high liquidity and a user-friendly experience. Bitcompare also allows you to compare trading rates across various platforms, helping you find the most favorable conditions for your trades. Additionally, consider factors such as transaction fees and security features when choosing a trading platform to ensure a smooth trading experience with XLM.
How does market sentiment impact the price of Stellar (XLM)?: Market sentiment plays a crucial role in influencing the price of Stellar (XLM). Positive news, such as partnerships or technological advancements, can lead to increased demand and higher prices. Conversely, negative developments or regulatory concerns may result in selling pressure and lower prices. Bitcompare provides market sentiment analysis, allowing you to gauge the overall mood surrounding Stellar and its impact on price movements, helping you stay informed about potential market shifts.