How to Buy Stellar Network (XLM)
Learn all about Buy Stellar Network
Price of Stellar Network Today (24h)$0.2039
-0.24%Stellar Network (XLM) a cryptocurrency based on the Blockchain Network, is currently attracting significant interest in the crypto market. As the Stellar Network ecosystem expands, it has established a notable presence within the decentralized exchange (DEX) sector. More and more people are becoming interested in Stellar Network. They wish to invest or purchase Stellar Network (XLM), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Stellar Network. Regardless of your location, Bitrue can provide you with a simple and secure way to buy XLM.
Where and how to buy Stellar Network
When it comes to purchasing Stellar Network (XLM), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Stellar Network in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased XLM will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Stellar Network (XLM) through Bitrue.
Steps to Buy Stellar Network (XLM)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy Stellar Network (XLM)
Buy Stellar Network Over-the-Counter (OTC)
- 1. Click on "Quick Buy" on the Bitrue official website or app. Choose "Credit Card" or "Bank Transfer" as the payment method.
- 2. Note: Purchasing Stellar Network (XLM) using "Credit Card" or "Bank Transfer" on Bitrue requires user identity verification. Please provide identity verification documents as per our platform's instructions.
- 3. Select Stellar Network (XLM) from the list of cryptocurrencies.
- 4. Enter the quantity of XLM you wish to purchase.
- 5. Connect your credit card or bank account.
- 6. Confirm and complete the payment process.
- 7. Transaction completed.
Buy Stellar Network through Spot Markets
- Note: Currently, the most popular Stellar Network spot trading pairs include XLM/USDT and XLM/USDC. Before purchasing Stellar Network (XLM) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Stellar Network (XLM) from the list of cryptocurrencies.
- 3. Enter the quantity of XLM you want to purchase, either at the market price or set a target price for buying Stellar Network.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Stellar Network (XLM), users can only deposit XLM assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports XLM trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased Stellar Network assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Stellar Network cryptocurrency wallet.
- Note: If you have not received your Stellar Network (XLM), visit the help center or contact online customer support for assistance.
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Alternative methods to acquire Stellar Network
Apart from directly buying Stellar Network (XLM), what are the alternative methods to acquire Stellar Network ?
Fixed Auto-Investment in XLM
Regularly invest a fixed amount at scheduled intervals in Stellar Network (XLM) digital assets, enjoying both short-term returns and long-term benefits.
Staking XLM
Flexible staking of Stellar Network (XLM) digital assets to earn interest or high returns in other cryptocurrencies.
Get Stellar Network (XLM) for free
If you have enough time, you can obtain Stellar Network for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Stellar Network (XLM).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Stellar Network.
- All cryptocurrency airdrops and rewards can be exchanged for XLM through coin-to-coin exchange or spot trading.
How to keep your Stellar Network safe and secure
Once you have purchased Stellar Network, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Stellar Network and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Stellar Network wallets, you also have the option to store Stellar Network (XLM) separately in a personal encrypted wallet. This wallet serves to keep your Stellar Network secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Stellar Network, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Stellar Network encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying Stellar Network (XLM)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Stellar Network.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your Stellar Network assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Stellar Network.
Get XLM with Bitrue
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Some market stats about XLM
Price Analysis
XLMStellar Network Price Now:
$0.20390%24H
Stellar Network is falling this week.
The price of Stellar Network has increased by 84.19% in the last 7 days. It has seen a -0.24% decrease in the past 24 hours and a 3.81% increase in just the last hour. The current price is $0.2039 per XLM. Stellar Network is dropped -72.54% from its all-time high of $0.7428.
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Calculate the Returns on Your Stellar Network Investment
How much profit would I have if I bought $ worth of Stellar Network in ?
CalculateReturns based on the average Stellar Network price for that year. Not financial advice.
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How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
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FAQ About Buy Crypto
Why are people buying Stellar Network?
People buy Stellar Network for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Stellar Network serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Stellar Network include investment, risk diversification, and trust in new digital assets.
Should I buy Stellar Network?
Deciding whether to buy Stellar Network depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Stellar Network investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Stellar Network (XLM) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Stellar Network?
Generally, buying Stellar Network digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
What are the fees for buying Stellar Network?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy XLM?
Currently, Bitrue does not support purchasing XLM or adding fiat currency using Apple Pay.
How to use Google Pay to buy XLM?
Currently, Bitrue does not support purchasing XLM or adding fiat currency using Google Pay.
How to use Paypal to buy XLM?
Currently, Bitrue does not support purchasing XLM or adding fiat currency using Paypal.
What can I do with Stellar Network?
You can use Stellar Network to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Stellar Network?
If your Bitrue wallet does not hold Stellar Network, you need to deposit XLM into your Bitrue account. If you already have XLM, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of XLM you want to sell, select the selling price, confirm the sell order, and once your XLM is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Stellar Network (XLM) worth 1 US dollar?
In theory, Stellar Network (XLM) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for XLM is 10 US dollars.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
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