How to buy Stellar (XLM) in the UK

Learn how to buy Stellar (XLM) on 11+ crypto exchanges in our step-by-step guide.

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Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Capital gains tax on profits may apply.

You can buy Stellar (XLM) on a cryptocurrency exchange like eToro. These specialised marketplaces that allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. Launched in 2014, Stellar Lumens is a cryptocurrency that aims to offer fast and affordable cross-border transactions. Here's how to buy Stellar.

How to buy Stellar in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Stellar is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit £ using the payment method that best suits you – debit card, neteller, PayPal and wire transfer payments are widely accepted.
  4. Buy Stellar
    You can now exchange your funds for Stellar. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Stellar to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

Where to buy Stellar in the UK

Find an exchange to buy, sell and trade XLM by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.
1 - 5 of 10
Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro UK Cryptoasset Investing
Debit card, Neteller, PayPal, Wire transfer, Online banking
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK & 5+ more

73
cryptocurrencies

Disclaimer: Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
Uphold Digital Money Platform
Bank transfer (ACH), Debit card
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD & 10+ more

143
cryptocurrencies

Buy, send and convert from 27 currencies in seconds, all on one platform.
CoinJar Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Faster Payments (FPS), Apple Pay, Google Pay
GBP, AUD

52
cryptocurrencies

CoinJar offers a simple way to buy, sell, or trade cryptocurrency with GBP. Trade from your desktop or mobile with a 1% fee and withdrawals are free to your bank account.
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

354
cryptocurrencies

Finder Exclusive: Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
Buy a large selection of cryptocurrencies instantly via credit card or bank account after registering. Store your crypto conveniently in Kriptomat's multi-currency wallet.
Paybis Cryptocurrency Exchange
Paybis Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Neteller, Skrill, Credit or Debit Card
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

404
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
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Compare up to 4 providers

How do I find the best places to buy Stellar?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Stellar?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Stellar.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing XLM with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Stellar?

The easiest way to buy XLM is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying XLM, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of Stellar has been performing recently.

Best Stellar wallets to store your XLM

You can keep your XLM on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

Is Stellar a good investment?

As with any investment, it is vital you understand the risks and potential upside of the asset before making any financial decision. With regards to XLM, here are a few things you should consider:

  • Ripple hard fork. If you're considering buying XLM, it's worth looking into its original form, Ripple, and comparing the two cryptocurrencies. XRP and XLM have different goals, however have a very similar function – providing extremely cheap and fast cross-border payments. Stellar has a greater eye on accessibility, being open-source and is more focussed on bridging the gap between crypto and fiat currencies. Some investors believe there is no space for both XRP and XLM to be mass-adopted, which makes it important to understand their differences in philosophy and function.
  • IBM Partnership. Stellar is one of the relatively few cryptocurrencies to focus on securing a long-standing partnership with tech or traditional finance companies. Together, IBM and Stellar created 'World Wire', a global payments system intended to rival the high fees of PayPal and other competitors.
  • ICO. The Stellar network can also be used by new crypto projects looking to launch ICOs. Mobius Network and SureRemit are just a couple of the projects to have launched via Stellar. Stellar is just one of many protocols that offer this functionality, with Ethereum being a direct competitor.
  • Goals. Although Stellar has moved somewhat away from its altruistic vision to focus on financial institutions, assisting the unbanked and everyday user to acquire equal financial opportunity is still an important goal. However, this does mean it has less corporate and financial incentives, which could somewhat stunt the network's economic growth.

Additional information about Stellar can be found using our XLM analysis tools.

Today's Stellar price versus ATH

Compare today's price of Stellar ($0.123734 USD) against its all-time-high price of $0.875563 USD on 03 January 2018. The closer the bar is to 100%, the closer XLM is to reaching its ATH again.

Stellar's price: $0.123734
ATH date: January 03, 2018
14.13%

Stellar ATH: $0.875563


How to trade, convert or sell Stellar

You can convert or sell your XLM with the same exchange you bought it through:
  1. Sign in to the exchange you have XLM on.
  2. If you store your Stellar in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of XLM you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Stellar.
  6. Complete your transaction and move your XLM to a wallet for storage.

Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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