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Cryptocurrencies are the most interest-arousing markets right now, not least because of the high returns that they have demonstrated over the past few years. However, as the returns of major cryptocurrencies such as Bitcoin and Ethereum start to stabilize, new and emerging cryptocurrencies now offer attractive investment opportunities for investors who wish to get in on the ground floor of such currencies.

One such popular cryptocurrency is Stellar Lumens. In this guide, we discuss the various trading platforms and peculiarities you should be aware of when deciding to purchase Stellar Lumens, but, also how to buy Stellar Lumens with USD.

How to Buy Stellar Lumens in 2024

Where to buy Stellar Lumens coin is a frequently used question, so we can give you the answer. Do you need to acquire XLM right soon in the United States? Our preferred bitcoin exchange is eToro; here’s how to get started:

  • Step 1: Open an account with eToro: To join eToro, go to their website and click the ‘Join Now’ button.
  • Step 2: Upload a photocopy of your passport or driver’s license to verify your identification.
  • Step 3: Use a credit or debit card, a bank transfer, or an e-wallet to fund your trading account.
  • Step 4: Put your money into Stellar Lumens – To make an order for XLM, look for it and then click ‘Trade.’ It’s as simple as that!

You may purchase and sell Stellar Lumens through a number of different brokers. While each of these brokers has its own set of benefits and drawbacks, it is critical that you determine which one best meets your needs and expectations. We’ve reviewed some of the best XLM brokers in the section below, and you can learn where to buy Stellar Lumens.

What is Stellar Lumens?

Simply put, Stellar is an open network that enables the movement and storage of money. One of its goals, when it was first introduced in July 2014, was to increase financial inclusion by reaching out to the world’s unbanked, but it quickly altered its focus to assist financial firms in connecting with one another via blockchain technology. Lumens, the network’s native token, acts as a bridge, making cross-border asset trading more affordable. All of this is intended to put pressure on conventional payment providers, who frequently demand exorbitant prices for identical services.

Decentralization is a wonderful buzzword that has become the trademark of blockchain technology, and Stellar, like (nearly) all other cryptocurrencies, wears it. The network is maintained by a worldwide coalition of persons and companies and runs on a web of decentralized servers. The distributed ledger, which keeps track of the network’s data and transactions, is supported by these servers. In fact, the Stellar system works similarly to a more open and flexible PayPal. To begin using it, you must first deposit dollars into a network anchor. This anchor then keeps your money, much like a bank or PayPal, and issues credit to your virtual wallet in its place. So, Should I buy Stellar Lumens? Absolutely!

Best Platforms To Buy Stella Lumens in 2024

The best platforms to buy Stella Lumens include eToro, Binance, Coinbase and Gemini. In the following section, we review each platform to help you find the most suitable option for your trading needs.

1. eToro – The best Stellar Lumens trading platform 2024

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For a multitude of reasons, eToro is by far the best place to buy stellar lumens. Here you can buy Stellar Lumens, and you don’t even need to ask yourself ”Where to buy Stellar Lumens, and how do you buy it.”

To begin with, the platform is extensively regulated by both the CySEC and the FCA in the United Kingdom. This is especially significant in the cryptocurrency markets because it ensures that any cryptocurrencies you trade with eToro are done safely and without risking your money. In addition to XLM Coins, the site allows you to purchase roughly 17 different altcoins, such as ETH, BNB, ADA, XRP, and others.

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You can swap fiat currency for XLM,  and also trade crypto-fiat pairs. You can also trade crypto pairings, where you exchange one cryptocurrency for another, at the same time. eToro is also a completely commission-free platform, with the only fees being spreads. This implies that you can enter and exit a transaction whenever you want, without incurring any additional fees.

You may trade XLM with a variety of passive trading tools available on eToro. This contains a number of traders who you can imitate or mirror using the platform’s social trading tools. They also feature a curated CryptoPortfolio, which is a basket of bitcoin and various popular cryptocurrencies, including Stellar Lumens, with varying weights. Because the eToro investing team manages this portfolio, you won’t have to worry about rebalancing it on a regular basis. You may open an eToro trading account in minutes, and you can fund it with debit/credit cards, bank transfers, or e-wallets like Paypal. If you ever asked yourself, should I buy Stellar Lumens, the answer is yes, and here you can decide.

eToro fees

Fee Amount
Commodities trading fee Spread, starting from 2 pips
Forex trading fee Spread, 2.1 pips for GBP/USD
Crypto trading fee Spread, 0.75% for Bitcoin
Inactivity fee $10 a month after one year
Withdrawal fee $5


  • User-friendly platform with an easy-to-use interface
  • Allows for copy trading and other social trading options
  • Regulated by various agencies worldwide
  • Provides cryptocurrency derivatives in certain areas
  • No commissions on trades
  • Provides a variety of other assets to trade on such as stocks, currencies, indices, and ETFs
  • Provides access to a curated CryptoPortfolio managed by the eToro team


  • Not suitable for advanced charting or technical analysis

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

2. Binance – The best Stellar Lumens trading platform for day traders

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Binance is one of the most popular cryptocurrency exchanges in the world, with the largest assortment of alternative currencies. If you want to invest in an altcoin, whether it’s a small-cap or a large-cap, there’s a good chance Binance will have it. For example, since its inception in early 2014, the platform has had the XLM token, which can be exchanged not just for fiat currencies but also for BTC, ETH, a range of other cryptocurrencies as well to buy NFTs. This is the best place to buy Stellar Lumens if you ever asked yourself ” Where can I buy Stellar Lumens?’.

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Every day, the platform handles billions of dollars in trade volume. You can usually deposit funds into Binance using a credit/debit card or a bank transfer, making it a simple process. So this is a great place to learn how to buy Stellar Lumens with USD. Just follow us.

The platform charges significant fees for deposits and withdrawals, ranging from 2% to 3%. They do, however, have very minimal trading fees and are recognized for being one of the most cost-effective crypto trading platforms.

The charge is usually 0.1%, and it is significantly lower if you have a Binance Coin allocation (BNB). They also have a large range of cryptocurrency-specific tools and technologies, making them an attractive option for seasoned cryptocurrency traders.

Binance fees

Fee Amount
Crypto trading fee Commission, starting from 0.1%
Inactivity fee Free
Withdrawal fee 0.80 EUR (SEPA bank transfer)


  • Advanced charting platform with numerous technical indicators
  • Hundreds of pairs supported
  • Very low commissions
  • Supports fiat currency deposits
  • Low fees, with additional discounts for using BNB
  • Security measures are very tight and proven to be among the best in the industry
  • One of the best NFT trading platforms


  • Charges up to 2% on credit/debit card deposits
  • Customer service responses can be delayed at times

Your money is at risk.

3. Coinbase – The best Stellar Lumens trading platform for beginners

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When it comes to reputation, Coinbase is possibly the best place to buy Stellar Lumens. This broker has garnered more than 35 million customers from more than 100 countries since its launch in 2012. The platform is also regulated by the Financial Conduct Authority, as it holds an Authorized Payment License (FCA). As a result, you shouldn’t be concerned about buying XLM through Coinbase. This platform, as I said is great for beginners, so you can learn how to buy Stellar Lumens with USD.

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If you’re looking for a user-friendly platform to acquire Stellar Lumens, Coinbase, like eToro, is a good choice. This is because the complete purchase process should take no more than 15 minutes and does not necessitate any prior knowledge of financial principles. This is a good place where to buy Stellar Lumens.

You can even start with small sums, with minimums varying depending on the payment method you pick. Payments can be made with a debit card or a bank transfer. The most significant disadvantage of Coinbase is that it is one of the most expensive ways to purchase cryptocurrencies.

They compensate for this, though, with cutting-edge security measures. Coinbase has institutional-grade security systems in place. The fact that the majority of its coins are kept in cold storage is at the forefront of this. A third party cannot hack currency because they are never connected to a live server. Customers like this broker because of its easy-to-use UI and good customer service. Finally, you can withdraw your XLM from Coinbase to a private wallet. So, first, be clear with yourself and answer the question, ”Should I buy Stellar Lumens?”

Coinbase fees

Fee Amount
Crypto trading fee Commission, starting from 0.50%
Inactivity fee Free
Withdrawal fee 1.49% to a U.S. bank account


  • Advanced charting platform with numerous technical indicators
  • Hundreds of pairs supported
  • Easy to use for cryptocurrency beginners
  • Support for a large number of cryptocurrencies
  • Opportunities to earn cryptocurrency
  • Lower pricing available with Coinbase Pro


  • Charges up to 2% on credit/debit card deposits
  • Customer service responses can be delayed at times

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

4. Gemini – The best Stellar Lumens broker for all experience levels

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Gemini is one of the few cryptocurrency trading platforms that stands out due to its suitability for traders of all levels of experience. How to buy Stellar Lumens coins is no longer question.  This is the best place to buy stellar lumens next to eToro, which caters mostly to newbies, and Binance, which caters to day traders and those interested in technical analysis. Gemini offers a comprehensive set of services and features that make it an excellent choice for trading Litecoins.

If you’re a newbie trader, for example, you can use their many guides and manuals to learn more about different coins and trading patterns that may present chances. Also, you can learn how to buy Stellar Lumens coins with USD At the same time, their Gemini ActiveTrader package, which gives many incentives and rebates for experienced traders, as part of their array of services for experienced traders.

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Over 40 cryptocurrencies are available on the platform, which may be exchanged for both fiat currencies and other crypto pairings. However, the main benefit of using Gemini is the minimal minimum trade amount that you can use when trading with it. The minimum trade amount for each cryptocurrency featured on the site, including XLM, is the smallest quantity that can be traded for that cryptocurrency. This is beneficial for beginner traders who do not want to risk a significant quantity of money.

Gemini fees

Fee Amount
Crypto trading fee Commission, starting from 0.5%
Inactivity fee Free
Withdrawal fee Free


  • Available across all US states
  • Cryptopedia available for beginner traders
  • A wide variety of tools available for experienced traders
  • Very high security and safety measures


  • Only allows CFD trading
  • Higher fees than some other platforms

Your capital is at risk. 

6. BlockFi – The best Stellar Lumens trading platform for beginners

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BlockFi is the platform for you if you want to trade XLM while paying some of the lowest fees of any other similar platform. Learn here how to buy Stellar Lumens with USD and be ready for your next payment.

This platform allows you to trade with nearly no trading fees, making it a very appealing alternative for trading cryptocurrencies. The platform is available in every state in the United States, allows for fast trades, and has no commissions.

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The platform bills itself as the most effective means of “bridging the gap between traditional finance and cryptocurrencies.” It accomplishes this by combining crypto-specific techniques with typical technical analysis indicators. This allows you to minimize your learning curve across asset classes while also ensuring that you can use what you’ve learned while trading cryptocurrencies, stocks, indices, currencies, or commodities.

Blockfi fees

Fee Amount
Crypto trading fee Commission, starting from 0.7%
Inactivity fee Free
Withdrawal fee Rate-based withdrawal fee for some coins.


  • 0% commission
  • Highly regulated in the US, available across the country
  • No monthly trading fees
  • No deposit or withdrawal fees


  • Does not allow CFD trading
  • Does not offer joint or custodial accounts

Your capital is at risk

How to Buy Stellar Lumens on eToro

Do you want to get XLM right now but don’t know where to begin? If this is the case, simply follow the steps given below.

Step 1: Open an account

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To get started, go to the eToro website and create an account. It takes only a few minutes and some personal information to get started. This information includes your entire name, birth date, and home address. You’ll also need to provide your phone number and email address. It is also worthwhile to download the eToro trading app, while it is not required. As a result, you can purchase and sell XLM from anywhere on the planet as long as you have access to the internet. The software is available for both iOS and Android and can be downloaded for free from the eToro website.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Step 2: Upload ID

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Following that, you must submit a copy of your identification to establish your identity. Because eToro is a regulated site, you must first complete the KYC (Know Your Customer) routine before trading. There are two stages to this checking technique. The first step is to make sure you are who you say you are. A copy of any government-issued identification, such as a passport, driver’s license, or visa, is required. You must then upload proof of address, which can be a bank statement or a utility bill. eToro reacts fast when you upload the documents and usually verifies your account instantly.

Step 3: Deposit funds

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Making a deposit into your account is the third and final step. The minimum deposit on eToro is $200. This can be done in a number of different ways. You can fund your eToro account with a bank transfer or a credit/debit card to get started. E-wallets such as PayPal, Skrill, and others are also accepted. Money can be deposited in a variety of currencies, including the US dollar, British pound, and Euro. When you deposit money into your account, there are no fees or charges, and the funds appear almost instantaneously.

Step 4: Buy Stellar Lumens

You can now buy XLM at eToro if you used an instant payment method like a debit/credit card or an e-wallet. Search for ‘Stellar Lumens’ and select the top result, which appears to send you to the trading website. Select the ‘Trade’ option on the following screen. You’ll be provided with a form that looks like the one below. Now all you have to do is type in the amount of XLM you want to purchase. Make sure you have at least $25 in your account. You may invest any amount in excess of this. Finally, to finish your commission-free investment, click the ‘Open Trade’ option. Unless you sell your investment, you won’t be able to do anything else. eToro also allows you to check the current value of your XLM investment at any point by making use of their Portfolio feature.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Why buy Stellar Lumens?

There are over 200 cryptocurrencies available to invest in right now, yet the truth is that the majority of them are useless. As a result, only a small percentage of cryptocurrencies have any fundamental worth. You’ll need to do your homework and be able to spot the coins that are both useful and have inherent value if you’re going to put your money on the line to invest in these cryptocurrencies. We’ve explained some of the reasons why we think Stellar Lumens belongs on this list and can be a desirable cryptocurrency to buy in the section below.

Stellar Lumens can be thought of as Bitcoin’s more scalable, speedier relative that doesn’t require mining. Lumens can be swapped in 3 to 5 seconds everywhere on the planet. This is perfect for international payments (i.e. overseas transactions). Cheap and quick transactions from your smartphone, tablet, or desktop anywhere in the world might be especially beneficial if you are in a remote location without access to banks.

You won’t have to deal with exorbitant fees from organizations like Western Union if you use Stellar Lumens. This implies you won’t have to pay fees of 10% or 20% when sending or receiving money from someone in another country. Instead, you’d pay around 0.00001 Lumens, or less than $.01.

You may trade currency like Bitcoin, Ethereum, or Stellar’s own Repocoin on Stellar’s built-in exchange. Lumens can also be traded on the exchange. If you want to convert XLM coin to EUR (Euro), then send it to a friend or family member via a transfer site like tempo.eu.com, Stellar’s exchange is advantageous.

Stellar Lumens is especially valuable in the South Pacific, where 60% of cross-border payments in the retail exchange corridor are expected to be handled by it. Stellar and IBM are delivering banking infrastructure to some of the world’s most remote islands, which lack access to financial services such as opening a bank account for little or no money, as some of us are accustomed to. So now when we know where we can use it, you can read above ”where can I buy Stellar Lumens”. It is a really frequent question.

Another way Stellar Lumens could increase in the future is through renewable energy. Irene Energy is now running a crowd sale on Stellar’s internal exchange. Irene utilizes artificial intelligence and blockchain to allow customers to choose which energy producer they want to get energy from… and your neighbor is one of them.

How much does it cost to buy Stellar Lumens?

Market forces determine the price of XLM, as they do for any other asset class such as stocks and bonds. Simply put, due to constantly changing demand and supply, the price of Stellar Lumen swings on a second-by-second basis. As a result, when there is a lot of excitement and positive feeling surrounding XLM, there will be more buyers in the market. The price of Stellar Lumens will climb as a result of increased demand. Its worth will, of course, collapse if the opposite occurs.

Want to learn how to buy Stellar Lumens with USD? Stay with us!

How to buy Stellar Lumens coins with PayPal

In addition to typical purchasing options such as credit/debit cards and bank transfers, cryptocurrencies such as XLM can also be purchased using PayPal. eToro is a one-of-a-kind trading platform that allows users to deposit monies into their accounts and then use those funds to buy cryptocurrencies like Stellar Lumens and others. As far as we know, there are no other crypto exchanges that allow you to invest in XLM using PayPal or other electronic wallets, therefore eToro is a one-of-a-kind experience. As a result, eToro is a fantastic investing platform for all individuals who prefer to make investments using this particular payment method.

Our chosen broker, eToro, is now offering $0.268 per XLM at the time of writing in January 2022. eToro, on the other hand, simply demands a $25 commitment, as previously stated. As a result, if the price of XLM rises 10%, your $25 investment will be worth $27.50.

How to Buy Stellar Lumens coins with BTC?

As a result of increased awareness and popularity, bitcoin and other cryptocurrencies can now be used to purchase a wide range of goods and services. On Binance, for example, you can buy practically any cryptocurrency using Bitcoin in addition to fiat currencies. You may buy various other cryptocurrencies in exchange for ETH, ADA, and even BNB. Although the number of retail businesses and payment processors accepting bitcoin has increased in recent years, there are still some big holdouts. If you’re using a major cryptocurrency exchange, you can simply transfer your existing Bitcoin into their crypto wallet and use it to purchase Stellar Lumens.

Stellar Lumens buy can also be done via credit card. But this is not just one option, here you can find how to buy Stellar Lumens coins on Stellarx.

Buying Stellar Lumens safely

There are no assurances when it comes to investing in the XLM Network. The demand for cryptocurrency can skyrocket if it launches successfully and quickly gains traction, which is quite plausible given all of the innovative and distinctive features that Stellar Lumens bring to blockchain technology. Even though it has more use cases than most other cryptocurrencies, such as Dogecoin and Shiba, it will not outperform them because they run on the Ethereum network rather than their own blockchain. XLM will undoubtedly struggle to regain its all-time highs in the near future, especially given the fact that blockchain technology is rapidly evolving, and it is difficult to predict when another cryptocurrency that is more energy-efficient than XLM will be released, rendering it obsolete and lowering its prices.

Investing in anonymous projects like Stellar Lumens comes with its own set of security concerns, as a significant defect in the code might allow the creators to defraud investors and steal cryptocurrency. Unfortunately, in DeFi’s wild west, certain frauds are leading customers to lose millions of dollars on a regular basis. This possibility may be ruled out if skilled code auditors had access to the code, but the XLM Network hasn’t been inspected yet, thus they couldn’t do so.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Risks of buying Stellar Lumens

As a result, new coins like XLM have a strong community role rather than a utilitarian function. As a result, according to Boneparth, who has been investing in cryptocurrencies since 2014, the community’s performance and growth are critical in determining how successful they are. However, there is still a high level of danger associated with investing in cryptocurrencies, as experts warn that there is a greater potential of losing your money. Regardless of the cryptocurrency you choose, authorities typically advise that you only invest what you can afford to lose.

It’s vital to understand that they’re different from bitcoin in key ways, including structure, supply, and usage. In 2009, Bitcoin was founded as a peer-to-peer electronic cash system. The company has carefully created an ecosystem to support its blockchain in addition to its blockchain. The fact that Bitcoins have a finite supply enables a degree of scarcity to be embedded into the design. The fact that it may be used for this purpose makes it such a lucrative investment for those who hold it, with the intention of it becoming a well-known decentralized digital money. Stellar Lumens, like most altcoins, lacks these functionalities.

As a result, it has a lesser level of interoperability with most infrastructure created for the Bitcoin network. Supporters of the XLM Network argue that Polkadot’s ecosystem, which includes features like smart contracts and nonfungible tokens as well as prospects for enterprise-wide liquidity mining, goes beyond community value.

Investors are becoming increasingly interested in crypto assets. They function as a store of value, a tool for transferring payments efficiently, or an algorithm that facilitates the development of blockchain-based apps. Many assets, he claims, could be suited for retail consumers. However, while investing in altcoins, you should always proceed with caution, especially given the unique nature of XLM, which makes it far more difficult for investors and speculators to accurately price in the technology associated with the cryptocurrency.

Selling Stellar Lumens

The method of selling XLM coins will vary depending on whatever trading platform you use. For example, on eToro, you may just go to your portfolio and click on sell. After you’ve decided on the quantity and type of order you want to place, all you have to do now is click place order, and your cryptocurrencies will be converted into the fiat money you’re using to run your business. If you use a single cryptocurrency exchange, on the other hand, you will have greater possibilities. You might, for example, exchange your XLM for other cryptocurrencies like Bitcoin, Etheruem, or Binance Coin, as well as a range of fiat currencies. These cryptocurrencies will subsequently be placed in your platform wallet once you’ve completed this.

Stellar Lumens price prediction

The price of XLM is currently around $0.2668. Similarly, all other altcoins, including Stellar Lumens (XLM), have their own benefits, such as being fast, rapid, speedy, cost-effective, offering easy currency transactions, accessibility, and the availability of a decentralized platform. On the other hand, it has its own drawbacks, such as the inability to mine due to the lack of a Proof-of-Work system and the fact that it is not commonly accepted as a payment mechanism.

According to industry professionals and analysts in the sphere of cryptocurrency prices as well as the financial ecosystem, investors should consider Stellar Lumens as an altcoin that will deliver passive investment returns. Based on the price analysis history and Stellar lumens price estimate, the Stellar XLM price could emerge as a dark horse in the race. There is also speculation about the Stellar Lumens price that its significant increase over the past year states that Stellar Lumens price can be projected to be in the high of $0.35 – $0.45 in 2022, and by the time 2025 comes around, the Stellar price might go up in the range $0.65 – $0.85.


If you live in the United States and wish to buy XLM, there are several choices available to you. However, as we’ve emphasized throughout this guide, you should conduct some investigation into the legitimacy of the platform. Because a substantial percentage of the cryptocurrency exchange sector operates without a brokerage license, this is the situation.

This is why we advocate trading on an FCA-regulated platform like eToro. In minutes, Stellar Lumens can be acquired using a debit/credit card or an e-wallet. You can avoid paying trading commissions by investing as little as $25.

eToro – Best Crypto Exchange to Buy Stellar Lumens with USD With 0% Commission

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.


What are Stellar Lumens?

Who created Stellar Lumens?

What is the market cap of XLM?

Do I need a crypto wallet to purchase Stellar Lumens?

Can I purchase Stellar Lumens in the US?

How much money do I need to purchase Stellar Lumens in the United States?

Nishit Kumar Finance Writer and Analyst

Nishit Kumar Finance Writer and Analyst

Nishit is a NGL Trader Analyst at Akari Trading. He has also worked as an analyst for Morgan Stanley and Onyx Commodities.

Before starting his career in finance, Nishit studied at the University of Warick where he was an active member of the Hedge Fund society. Due to his qualifications and experience, Nishit is considered an industry expert and enjoys writing content that could help traders to make informed decisions.

As well as writing, Nishit worked as Associate Editor for The Economic Transcript until 2021. He has also written for Newsweek and has good knowledge of current events that could affect the financial markets.