Stellar (XLM) is getting lots of attention lately as it recently reached a price of nearly $1 per XLM. CNBC called it the “hottest new coin”.
Many people are interested in buying this cryptocurrency and we’ll aim to make that easier for you with the information in this post.
Unfortunately, right now, there is no easy way to buy Stellar Lumens coin with a credit card in the USA with USD.
You will first have to buy BTC with your credit card.
BitPanda is based in Austria and is a crypto brokerage service. You can buy bitcoins with your credit card if you live in Europe.
Again, if you live in the USA, Europe, Singapore or Australia then you must first buy bitcoins with your bank account using Coinbase or a similar service. Once you get the bitcoins from Coinbase you can use Binance or Binance to convert the bitcoins to XLM.
If you live in any other country then you can use our home page to find a Bitcoin exchange in your country that accepts bank transfer. Then once you buy bitcoins you can convert them to XLM within 10 minutes.
Before we move onto other options:
Never store your Stellar coins on an exchange!
Always withdrawal your Stellar coins to an offline wallet like the Ledger Nano S or any other wallet that you control. Ledger does not yet support Stellar although is expected to support it soon.
There is no way to directly purchase Stellar with cash. Not even any ATMs support buying Stellar.
BitPanda allows Europeans to buy Stellar directly with Skrill.
Stellar is centralized and does not have a finite supply like Bitcoin. Whereas Bitcoin is very hard to change, Stellar can be changed very easily by the company itself.
There has been a rush as of late into cryptocurrency. Due to Bitcoin’s high price of over $15,000 many people are looking for ‘cheaper’ coins. With Stellar at under $1, many are buying it simply because it appears to be a cheap coin and alternative to Bitcoin or Ethereum.
Stellar recently hit nearly $1.