Stellar (XLM) ranks as the 19th-largest cryptocurrency by market capitalization, currently valued at $7.37 billion**. Known for its volatility, XLM can experience significant price fluctuations—today’s price sits at **$0.236, slightly lower than yesterday’s $0.237. Over the past year, Stellar has surged by 157%, making it a compelling asset for investors.
Before investing, understand the unique risks associated with XLM, including its legal and tax implications in the US. Ready to dive in? Follow this step-by-step guide to buy Stellar securely.
How to Buy Stellar (XLM) in 5 Simple Steps
The entire process takes under 15 minutes. You’ll need:
- A smartphone or computer
- Internet connection
- Photo ID (for verification)
- Payment method (bank transfer, card, or crypto)
1. Compare Crypto Exchanges
Choose an exchange that aligns with your needs—low fees, user-friendly interfaces, or 24/7 customer support. 👉 Compare top exchanges here for the best rates.
2. Create an Account
Sign up with your email, verify your identity using photo ID, and enable two-factor authentication (2FA) for security.
3. Deposit Funds
Fund your account via:
- Bank transfer (low/no fees)
- Credit/debit card (instant but higher fees)
- Cryptocurrency (e.g., BTC or stablecoins)
4. Buy Stellar (XLM)
Navigate to the XLM trading pair (e.g., XLM/USD) and place an order. Beginners can use "instant buy" for simplicity.
5. Secure Your XLM
Store XLM in a personal crypto wallet (hardware wallets recommended) to mitigate exchange risks like hacks or platform failures.
Where to Buy Stellar (XLM)
| Exchange | Fees | Payment Methods | Fiat Support |
|----------|------|-----------------|-------------|
| Exchange A | 0.1% | Bank, Card, Crypto | USD, EUR |
| Exchange B | 0.2% | Crypto Only | N/A |
👉 Explore more options to find the best platform for your needs.
What Is Stellar (XLM)?
Launched in 2014, Stellar Lumens (XLM) is a decentralized blockchain network designed for fast, low-cost cross-border transactions (2–5 seconds at ~$0.0001 per transaction). Originally targeting the unbanked, Stellar pivoted to serve financial institutions, enabling seamless interoperability between traditional finance and blockchain.
Key Features:
- Ripple (XRP) Fork: XLM shares DNA with XRP but focuses on open-source accessibility.
- IBM Partnership: Powers World Wire, a global payments system rivaling PayPal.
- Bridge Currency: XLM facilitates multi-currency trades and prevents spam via transaction fees.
How to Choose the Best Exchange for Stellar
Consider these factors:
- Fees: Trading, withdrawal, and deposit costs.
- Security: Regulatory compliance (e.g., KYC) and 2FA options.
- Liquidity: High-volume exchanges ensure smoother trades.
👉 Use our comparison tool to evaluate exchanges side-by-side.
FAQ: Buying and Storing Stellar (XLM)
1. Is Stellar a good investment?
XLM offers potential but carries risks:
- Competition: Rivalry with XRP and Ethereum for cross-border solutions.
- Adoption: IBM’s World Wire could drive long-term growth.
2. What’s the easiest way to buy XLM?
Use an exchange’s instant buy feature or trade via the spot market for better rates.
3. How do I secure my XLM?
Transfer to a hardware wallet (e.g., Ledger) or non-custodial wallet for full control.
4. Can I sell XLM for cash?
Yes! Sell XLM on the same exchange and withdraw proceeds to your bank account.
Stellar Price Analysis: Today vs. All-Time High (ATH)
- Current Price: $0.236 (as of 2025)
- ATH: $0.876 (January 2018)
- Potential: XLM needs a 272% surge to reclaim its ATH.
Final Tips for Stellar Investors
- Diversify: Avoid putting all funds into XLM.
- Stay Updated: Follow Stellar’s partnerships (e.g., IBM) and regulatory news.
- Use Secure Wallets: 👉 Explore top wallet options for long-term storage.
Disclaimer: Cryptocurrencies are volatile and high-risk. This guide is informational—always conduct independent research before investing.