- Buy XLM and 50+ other cryptos
- Pay by bank transfer, PayPal, credit or debit card
- Take advantage of a wide range of extra features
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Thinking about adding Stellar Lumens to your portfolio?
These days, you can buy and sell Stellar Lumens (XLM) on quite a few exchanges, so keep reading for step-by-step instructions on how to start trading this popular cryptocurrency.
This is our quick guide to just one way to buy XLM. Compare some other options in the table below.
There are two options available when purchasing Stellar Lumens:
The simplest option is to buy XLM with INR, but we’ll include step-by-step instructions on each purchasing method below.
If you want to buy XLM with INR but don’t know how, here’s an example of how to do it.
If you’d prefer to buy XLM with another cryptocurrency, here’s how you can do it.
If you decide that you want to sell your XLM holdings, the process you’ll need to follow is fairly similar to that detailed in step 3 above. You’ll have to:
Some people opt to keep the XLM they buy in their crypto exchange account. While this is a convenient option that makes sure you have fast access to your crypto for any future trades, it’s a risky move. With crypto exchanges a popular target for hackers, it’s widely recommended that you move your XLM into a secure wallet that lets you control your private key.
Wallets you may want to consider include the Ledger Nano S hardware wallet, the Stellar Desktop Client and the LOBSTR mobile wallet.
For more tips on what to look for in an XLM wallet, check out our guide to five of the best Stellar wallets.
Launched in 2014, Stellar aims to offer fast and affordable cross-border transactions. Its distributed payments network ensures that transactions are processed within 2 to 5 seconds, for a tiny fee of approximately a single 600,000th of a cent per transaction.
To send funds on the Stellar network, you’ll need to create an account and then upload the currency you want to transfer to an “anchor”, such as a bank or remittance company. That anchor then issues virtual credit to your Stellar account, allowing you to send near-instant transfers around the world.
According to Stellar, Lumens play two main roles in the network:
The project is backed by the Stellar Development Foundation (also known as stellar.org), which has a mission to promote global financial access, literacy and inclusion.
Cryptocurrencies are highly volatile and complicated assets, so there’s a significant level of risk involved in any crypto purchase. With this in mind, you’ll need to carefully assess all the factors that could potentially have an impact on the price of a currency before you buy.
If you’re thinking of buying any XLM, remember to consider the following:
The main challenge for Stellar in the months and years ahead will be whether or not it can achieve widespread adoption. Make sure you thoroughly research all the ins and outs of the Stellar network, its technology and its purpose, so you can make an informed decision about whether you should buy any XLM.
Disclosure: At the time of writing the author holds ADA, ICX, IOTA and XLM.
This article provides a complete list of the banks that support Google Pay in India, plus how to set up the digital wallet in your device.
Learn where to buy ATOM, the Cosmos blockchain’s native token.
Learn more about the Bitcoin SV fork and how to buy, sell and trade BSV, including a complete list of the exchanges that support it.
If you want to know where and how to buy, sell and store TRON (TRX) in India, you’ll find all the essential information in this handy guide.
If you want to buy or trade Bitcoin Cash (BCH) but you don’t know how, this guide contains step-by-step instructions on how to get started.
In 2017, Litecoin became the world’s number two cryptocurrency by market cap. Find out where it’s going, and how to buy it in India.
Here’s everything we know so far about The Honest Company IPO and how to buy in from India.
An in-depth guide to the best wallets for storing Dogecoin (DOGE), and how to choose the right wallet for your needs.
A beginner’s guide to buying and selling this decentralised, peer-to-peer cryptocurrency.
This guide lists some of the biggest Indian IPOs in 2021.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.