How to Buy Stellar Lumens

To buy Stellar Lumens with either credit cards or PayPal is quite easy, but you will need to use a reliable exchange. In this guide, you will learn how to buy XLM safely.

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Buying Stellar coins have never been this easy at all.

If you are looking for a way to add Stellar Lumen (XLM) cryptocurrency to your investment portfolio, then you have come to the right place at the right time.

In this article, am going to show you all the ways you can use to purchase XLM with either credit card, debit card or PayPal. And after that, I will briefly explain how this crypto-coin works.

Let’s dive straight into it.

Shall we…?

How can you buy XLM (Stellar Lumens)?

Below step-by-step guide on how to buy Stellar Lumens with different payment processors online safely. Here’s how you can purchase stellar (XLM):

Congratulations! You have bought the popular Stellar Lumens cryptocurrency, but do not forget to transfer it to a secure wallet.

Best ways to buy Stellar Lumens

As Stellar Lumens’ now one of the most popular cryptocurrency in the market, there are many crypto exchanges you can actually buy it using different method.

Below are the most tested and trusted platforms where you can buy XLM easily, but remember that each of them comes with its own merits and demerits.

1. Binance (Best choice)

Binance Exchange

Binance established in 2017, now supports over 100+ different coins to buy and sell. Transaction fees are low too at only 0.1% for each transfer..

The platform is great for both beginners and more experienced individuals, as they offer both a basic and advanced version.

One advantage of using this platform is that you can deposit with fiat money of any country. This means that you will be able to use your bank account or debit/credit card.

However, depositing with another cryptocurrency is free. Withdrawing Stellar Lumens is also very cheap and will only cost you 0.01 XLM!

The security is also good at Binance and they require you to set up Google Authenticator. Every time you log in, transact or withdraw, you will need to confirm the code.

This code can only be obtained from your mobile phone. Learn more about this exchange, when you read my Binance review.


  • Over 100 different coins to buy and sell
  • No verification unless you to buy large amounts
  • Good security
  • Low Fees


  • No fiat deposit facilities
  • Customer support is not good.

Visit Binance exchange

2. CoinSwitch


CoinSwitch is a very rare cryptocurrency exchange rate aggregator that was established in India by the year 2017.

The aggregator website is a platform that enables its users to have access to over 300 cryptocurrencies, which trade with up-to 45,000 cryptocurrency pairs.

It integrates a good number of world-leading exchanges which allows for very fast cryptocurrency arbitrage trades. This helps people to make profits simply buying and selling on different exchanges.

You should read CoinSwitch completely detailed review and how it works

This crypto oriented platform can save your time by simply comparing cryptocurrency price value rate of pairs across other popular exchanges automatically.

It’s intuitive and user-friend view makes it easier for even beginners in the cryptocurrency world to use its services effectively.

It partnered with Simplex to enable credit card deposit, which was only cryptocurrencies that people could use to buy other Altcoins then, but finally enabled credit/debit card transaction.


  • Supports up-to 3,000 cryptocurrencies
  • Supports Credit or Debit cards
  • Beginner friendly
  • Low transaction fees (Depending on exchange)
  • Good user interface.


  • Less security
  • KYC is required for large amount.

Checkout CoinSwitch

3. Changelly


Changelly offers a service that is still rarely new in the crypto space: fast and anonymous crypto-to-crypto transfers with no third party holding.

The platform is not designed for investing or trading, but rather as a fast, discreet and efficient means for swapping the coins in your private wallets.

For this service, they charge a higher fee than most trading and investing exchanges, but not excessively though. The premium paid is for the anonymity and simplicity compared to a more traditional crypto-to-crypto exchange.

It does also allow fiat-to-crypto exchanges, but these have notoriously high and opaque fees, and this service is not widely used.


  • Fast transaction
  • User friendly interface
  • Easy to use payment methods
  • High security


  • High transaction fees
  • KYC is required.

Try Changelly now

4. Bittrex

Bittrex Exchange

The Bittrex exchange was founded in 2014 and is based in the U.S. When it comes to trading volume, they have one of the highest.

Although the exchange is ideal for beginners, there are also some useful tools for more experienced cryptocurrency investors.

If you need support, you can contact Bittrex by creating an online ticket. There is no live chat facility but if you are lucky you might get a quick response on their Facebook or Twitter page.

Just remember not to post any private account details on there!


  • Good selection of cryptocurrencies
  • Ideal for both beginners and advanced traders
  • Very cheap withdrawals
  • Great security.


  • Fees are higher that other exchanges
  • No live chat
  • No fiat deposits.


Below are some answers to the frequently asked questions from many cryptocurrency investors found on the internet.

What are Stellar Lumens (XLM)?

Stellar Lumens was created in 2014 by Jed McCaleb – the co-founder of Ripple. The idea of the XLM project is to help those who never had access to everyday banking system by using blockchain technology.

Although the founders of Stellar Lumens say that it is not a fork of the Ripple blockchain, the two networks are somehow very similar.

Note: A fork is when new blockchain is launched using original code from the older one, but with some changes to improve it. Read more about cryptocurrency Soft and Hard forks in this guide.

Stellar being name of the network that lets you cheaply send and receive funds quickly. Lumens is known by its ticket symbol ‘XLM’, is the name of the cryptocurrency used on the Stellar network.

Banking in poorer regions is often a slow and expensive process, so Stellar Lumens are looking to solve this in three different ways.

  1. Direct Fiat Currency Exchange: The Stellar network allows you to directly exchange two different currencies like; Euros for U.S. Dollars and vice-versa in few seconds.
  2. Using Lumens as the Middleman: If you want to exchange currency, but the amount doesn’t match a seller, so the network can use Lumens to bridge the two currencies together.
  3. Chain of Conversions: If the Stellar network can’t do any of the two options above, then it can do a chain of conversions. This is when multiple currencies are traded to give you the currency you want in this way; Dollars>Ethereum>Yen>Euros.

The Stellar network charges a small percentage of 1 XLM per transaction, which is less than one cent!

Unlike other cryptocurrencies, such as Bitcoin and Ethereum, Stellar Lumens does not use miners to confirm transactions.

Instead, businesses who decide to use the system will automatically contribute by running something called a “Node” on their servers.

It is still decentralized, though, as no single server controls the network. So, it’s really secure, and for somebody to hack the network, they would need to hack every single node that is being used.

In total, there will be a maximum supply of 100 billion Stellar Lumens. Its value has performed really well since 2014, and it is now a top ten coin in the market capitalization rankings.

Can you swap Stellar Lumens to USD?

Yes of course. You can swap Stellar Lumens crypto coins to USD using one of the best reliable cryptocurrency exchanges in the market.

Can I buy Stellar coin in Nigeria?

Yes you can buy XLM using Bitcoin. But you will need to purchase BTC using any of the best exchanges in Nigeria, then swap it over to Stellar Lumens.

Can Binance Stellar Lumens withdrawal be suspended?

Yes it can be suspended. But it depends on the reasons though. Read an article I wrote on why you see Binance withdrawal suspended error.

Try buying Stellar Lumens with USD

If you read this guide all the way through, you should now feel confident enough to go out and buy some Stellar Lumens for yourself.

So, what do you like the most about Stellar Lumens?

Is it that transactions only take a few seconds, or that it is practically free to use?

I really like the fact that the transaction fee costs less to nothing, in every condition and situation of the entire crypto market!

If you read the exchange section of my guide, you should also have a good understanding of the pros and cons of different exchanges where you can buy Stellar Lumens.

Did you decide to use Binance like me?

I know there are other exchanges that let you deposit with fiat money, but I still find that Binance is the quickest way to do it!

Do not forget to use secure your crypto investment with a secure cryptocurrency wallet. I prefer a hardware wallet, but you can make use of a mobile app like Trust wallet.

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About The 'Staunch

I am a financial nerd with a Bachelor’s Degree in Accounting and Finance, but found digital currency and asset investment to be more lucrative. The Crypto Staunch website is established to help individuals learn how digital currency and assets work through in-depth articles. Go-to the about page to learn more.