Discover how to buy Stellar (XLM) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Stellar (XLM) is currently at
€0.17964
€0.00059178 (+0.33%)
Last updated on --.
How can I buy Stellar on OKX?
Whether you're new to crypto or an experienced trader, you can buy Stellar using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Stellar
Select Stellar and buy using your chosen method.
Step four
Receive your Stellar
Confirm your purchase and store your Stellar in your portfolio.
What's Stellar?
Stellar is like a digital version of a mailman for money. It helps people send money to each other quickly and cheaply, even if they live in different countries. Imagine sending a letter that arrives instantly without needing stamps. Stellar was created to make money transfers easier and more affordable, especially for those who don't have access to traditional banks. It uses a special kind of digital money called a token to make this happen.
How can I buy Stellar?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Complete the identity verification process by providing necessary documents. 3) Fund your account using a bank transfer or credit/debit card. 4) Once your account is funded, search for Stellar in the platform. 5) Place a buy order by entering the amount of Stellar you wish to purchase and confirm the transaction. Your Stellar will appear in your OKX account.
Why do people buy Stellar?
People buy Stellar because it helps make sending money across borders faster and cheaper. It's used by businesses and individuals who need to transfer money without high fees. Stellar is also part of a growing ecosystem that supports various financial services, making it relevant in the digital economy. However, it's important to understand that using Stellar requires some technical knowledge and there are risks involved, like any digital currency.
Things to know before buying Stellar in the United States
In the United States, cryptocurrencies like Stellar are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when using platforms like OKX. Be aware that buying, selling, or using Stellar may have tax implications, such as capital gains tax. It's important to keep records of your transactions for tax reporting purposes. Always stay informed about the latest regulations and guidelines.
What are other ways to own Stellar?
You can obtain Stellar without buying it by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs, rewarding you with Stellar for completing educational tasks. Participating in network activities like staking or providing liquidity can also earn you Stellar. These methods require effort and understanding of the processes involved, and there are risks, such as market volatility and technical challenges.
How can I store my Stellar?
To keep your Stellar safe, you can choose between custodial and non-custodial storage. Custodial storage means a platform like OKX holds your Stellar for you, offering convenience but requiring trust. Non-custodial storage gives you full control using wallets. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet, keep your recovery phrases safe, and use strong passwords to protect your assets.
Why should I buy Stellar on OKX?
Learn more about the security measures keeping your Stellar safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Stellar (XLM)
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How to get Stellar for free
Invite friends, earn rewards
See how you can get free Stellar when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Stellar grow, for free. Put your crypto to work, 24/7.
Join airdrop campaigns
You can get free Stellar airdropped to you when you join campaigns.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Stellar
Take advantage of price fluctuations and trade your Stellar for other cryptocurrencies.
Send Stellar
Send your Stellar anywhere, anytime with fast, low-cost transfers.
Spend Stellar
Use your Stellar to pay for goods, services, and experiences seamlessly.
Hold Stellar
If you think your Stellar will increase in value, you can hold onto it.
Sell Stellar
Convert your Stellar to cash quickly and securely.
How to buy Stellar (XLM) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Stellar XLM safely on a trusted exchange like OKX.
Choose the best exchange to buy Stellar (XLM) depending on your individual needs. Factors to consider when picking the best place to buy Stellar (XLM) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Stellar. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Stellar (XLM), as well as fiat withdrawal options.
This depends on the method you use to convert Stellar (XLM) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.