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How to Buy Stellar: Best Ways to Buy XLM in 2022

By Cody V. 5 min read

If you're merely looking for ways to buy Stellar (XLM) or you want to invest in a variety of coins, it is not nearly as difficult as it appears at first glance. You could make your XLM purchase safely by following a few simple steps. There are several platforms through which to purchase Stellar. The most popular alternatives include cryptocurrency exchanges. You'll be able to choose the best one for you once you've learned more about them. Let’s dive into it to learn more about the process.

Where to buy Stellar

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Stellar (XLM) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Stellar.

1. Binance

Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.

Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.

Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.

Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.

Binance Features

  1. Binance trading has some of the lowest costs in the business.
  2. On Binance, you can trade over 180 cryptocurrencies.
  3. The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
  4. Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
  5. It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
  6. It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.

How to buy Stellar on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase Stellar (XLM) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Stellar you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Stellar you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired XLM in your Binance Spot Wallet immediately.


2. Coinbase Exchange

If you're searching for a location to exchange cryptocurrency, Coinbase is a good option. Its large range of prominent cryptocurrencies means you'll most likely find what you're looking for, but you'll only be able to trade crypto here.

Clients can receive staking incentives and acquire ownership of their assets themselves. The Pro platform's commissions are competitive, but clients trading small-dollar volumes on its entry-level platform should definitely consider going elsewhere.

Coinbase Exchange Features

  1. More than 50 cryptocurrencies are supported.
  2. Spread and Coinbase costs are included in trading fees.
  3. You can use a free wallet service with private key access, or you can retain your cryptocurrency in your Coinbase account for a $2 minimum purchase or sale.
  4. Insured policy against fraud losses and storage of the bulk of digital assets offline.
  5. Accounts can be accessed using a web browser or a mobile app.
  6. Crypto incentives for studying and an education Centre.
  7. Option to upgrade to Coinbase Pro.

How to buy Stellar on Coinbase Exchange

Follow our step by step guide below to start buying Stellar (XLM) on Coinbase Exchange:

1. Log in to your Coinbase account.

2. On the upper right-hand side, click Buy / Sell.

3. Select Stellar from the list of cryptocurrencies and click the Buy button.

4. Enter the amount you want to buy in XLM or your local money.

5. Choose a payment method (Credit card, Bank Transfer or Crypto).

6. To confirm your purchase, click Preview Buy (you can always click the back arrow to make a change).

7. If all of the information is accurate, click Buy to complete your transaction.


3. OKX

OKX is clearly one of the more prolific exchanges on the market. However, the platform's past conduct, particularly how it handled its own users, has been recognized, and it would be smart to anticipate better behavior in the future.

Aside from that, OKX provides a one-stop shop for cryptocurrency trading and investment. OKX costs are in accordance with industry norms, and the exchange claims that it has never been hacked, despite reports to the contrary circulating on multiple occasions.

At the end of the day, OKX is a top 30 exchange with plenty of liquidity - clearly, the exchange is doing something well since it is there.

Getting Started with OKX

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward. You can open an account with OKX by following the easy steps outlined below.

Step 1: Go to OKX official website and click the Sign up button.

Step 2: Enter your personal information and email with a secure password.

Step 3: Click the create account button after checking the box at the bottom of the form.

Step 4: Verify your supplied email address by clicking on the verification link that was delivered to your inbox.

Step 5: Enter the code that was delivered to your mobile device and click the Verify button. If you haven't received a code, select the Resend code option.

Step 6: When you first use the OKEx platform as a newly registered user, you will be able to select whether you are new or experienced in bitcoin trading.

How to buy Stellar on OKX

Follow our step by step guide below to start buying Stellar (XLM) on OkX Exchange:

1. Log in to your OKX Account.

2. Under the "Buy" tab, choose the fiat currency you wish to use and Stellar from the dropdown menu. Then, enter the amount of fiat cash you wish to spend or Stellar (XLM) you want to purchase.

3. Select your desired mode of payment (Credit Card, Bank Transfer or Crypto).

4. Your bought Stellar will be instantly deposited to your OKX account after payment is completed.


4. KuCoin

KuCoin is a cryptocurrency exchange based in the Seychelles. The service provided by KuCoin cryptocurrency exchange is not limited to buying and selling crypto tokens or exchanging crypto tokens for Altcoins or fiat currencies. Furthermore, KuCoin's cryptocurrency loan service at unique interest rates varies from the rest of the world's crypto exchanges.

The platform is straightforward and simple to use. It is organized into stages for simple registration, following which one may begin trading. The number of cryptocurrencies and fiat currencies supported is extremely astounding. Furthermore, KuCoin provides 10x leverage for margin transactions, making it a popular exchange for passive profits.

KuCoin, being a crypto exchange with a global reach, is a practical choice that is accessible from most countries. Nonetheless, because KuCoin is a non-US-based exchange, US persons over the FBAR threshold must disclose it in FBAR filings.

Getting Started with KuCoin

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward.

You can open an account with KuCoin by following the easy steps outlined below.

Step 1: To begin, go to the platform's main website.

Step 2: Then, to access the registration form, click the "Sign Up" option.

Step 3: Fill your required information. Verify your supplied email address or Phone Number by clicking on the verification link that was delivered to your inbox.

Step 4: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 5: Now the Account has been created.

How to buy Stellar on KuCoin

Do you want to know how to buy crypto on KuCoin? This is also really simple. Follow the steps below to buy Stellar (XLM) on Kucoin:

1.  Login to your newly created Kucoin Account, go to the Buy Crypto tab from the main menu.

2. After that, you must look for Stellar to purchase. To do so, type (XLM) or (Stellar) into the search box on the right side of the page.

3. KuCoin will then provide all of the possible trading pairs for the Stellar.

4. Enter the amount  of XLM you want to buy in crypto or your local money.

5. Choose a payment method (Credit Card ).

6. To confirm your purchase, click Preview Buy

7. If all of the information is accurate, click Buy to complete your transaction.


5. Gate.io

Gate.io is one of the fastest-growing cryptocurrency platforms, featuring a premier Initial Exchange Offering (IEO) platform, several cryptocurrencies, leveraged margin trading, and other innovative financial services like as margins loan or loans. Despite having a robust trading engine, the platform interface is fairly cluttered and is not the greatest location for beginner investors to start.

Gate.io Features

The following are some of the exchange's features:

  1. The platform includes an easy-to-use design that is intended for both rookie and experienced traders.
  2. Apart from crypto trading, it allows margin, options, or swaps trading (spot exchange) with leverage of up to 100x.
  3. Provides traders with real-time market information and important charting tools for trading Altcoins, stablecoins, and DeFi tokens.
  4. Demo version available.
  5. Provides HODL profits through cryptocurrency investments.
  6. Allows for the pledging of one cryptocurrency asset in order to borrow another cryptocurrency asset.
  7. System with low trading fees, including no zero deposit charge and very minor withdrawal fees.
  8. Customer help is provided 24 hours a day, as is a detailed FAQ section and other resources.

How to buy Stellar on Gate.io

Follow our step by step guide to buy Stellar (XLM) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy XLM coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search Stellar from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in Stellar (XLM).

If you want to buy Stellar with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for XLM and buy it using your deposit cryptocurrency.


6. Huobi Global

Huobi is one of the world's major cryptocurrency trading platforms, originally located in Beijing but now headquartered in Singapore. The exchange accepts both ICO tokens, cryptocurrencies and highlights the Blockchain economy's future development.

This Exchange has incredible features that appeal to global investors, such as derivative trading. It is a Huobi Global feature that allows you to trade in both futures and swap markets. This function truly assists exchange users in maximizing their earning potential.

Huobi Global is regarded as a secure and trustworthy platform for purchasing, trading, storing, earning, and selling 348 digital currencies. Tens of millions of consumers in more than 195 countries utilize the exchange, which accepts over 60 payment options for converting cash to cryptocurrency.

Huobi Global Pros

  • A wide variety of supported cryptocurrencies.
  • Simple to use interface.
  • Low Fees for trading on the Exchange.
  • Customer service chat is available 24 hours a day, seven days a week.
  • Offer buying large amounts of cryptocurrencies on OTC Desk.
  • There is an iOS and Android app available.

Huobi Global Cons

  • It might not be suitable for novices.
  • Hard to verify new accounts (KYC take some time).

How to buy Stellar on Huobi Global

Follow the steps below to buy Stellar (XLM) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Stellar, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of XLM you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.


Other Exchanges to buy Stellar

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy XLM.

1. Upbit Join Now
2. Bitrue Join Now
3. HitBTC Join Now
4. ZB Join Now
5. WhiteBIT Join Now
6. Digifinex Join Now
7. Bithumb Join Now
8. Bybit (Spot) Join Now
9. Bitbank Join Now
10. Bitfinex Join Now
11. AAX Join Now
12. GokuMarket Join Now


Conclusion

Choosing the best cryptocurrency platform for Stellar (XLM) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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