How to Buy Stellar Coin (XLM) in US, UK, Australia, India

Stellar (XLM Coin)

Stellar is an open-source, distributed payments infrastructure. It is a leapfrog technology that connects people, payment systems, and banks with a focus on the developing world. It lets you facilitate multi-currency and asset transactions quickly, reliably, and for a fraction of a penny by using a crypto-asset called Lumens (XLM) as a bridge. Comparing it to Ethereum it exceeds by creating a simple token. Ethereum’s new ICO is creating a complaint token system. Stellar XLM currently sits on no 10th position in the rankings of all the Cryptocurrencies. Having a market cap of almost 5.6$ Billion. Its current value is $0.317755 now compare that to its value when in its initial stages which was 0.002547$. By having the advantage of still being traded at a small price per token we might see a lot of the uninformed entering Stellar for this low price. In October, Stellar announced partnership with IBM and KickEX to “develop a block chain-based cross-border payments solution proven to significantly reduce transaction costs and increase transaction speeds. As demonstrated above, Stellar is a network rooted in a very specific purpose, targeted around solving a specific and ongoing problem. Currently one of the main issues in Crypto currency is the power consumption due to transaction. Stellar tries to tackle this problem in unified ways. In a recent Tie-up with IBM stellar stated that under the conditions of this new blockchain-based project, banks will make payments using Lumens, and then convert these to fiat money based on the current quotations from market makers. This is only for the South Pacific region currently. One of the differences in Stellar and its competitors like Ripple are that the Ripple is arguably much more centralized than Stellar. It runs a permissioned ledger where Ripple itself determines who may act as a transaction validator on their network. By comparison, Stellar has an open ledger that anyone can view, access, and join. Anyone could be a transaction validator on Stellar, though some validators may not be relied upon by all parties. Stellar is much friendlier towards third party developers. It hosts programs such as the Stellar Build Challenge to reward builders who create useful technologies on the Stellar network. Compare that to Ripple which is very private & profit centric and wont be disclosing any ledger information in coming future.

How to buy Stellar (XLM Coin) in US?

To buy the Stellar (XLM coin) if you are living in the US follow the steps

  • Step1-First Sign-up on “coinbase.com”
  • Step2-Then You have to verify your Account using Phone number
  • Step3-After you can purchase the desired amount of Stellar coins
  • Step4-To purchase you will need a wallet just go to “stellar.org” for a free wallet
  • Step5-Transfer the coins you bought from coinbase.com to your wallet.
How to Buy Stellar coin
How to Buy Stellar coin

How to buy Stellar (XLM Coin) in UK?

To buy the Stellar (XLM coin) if you are living in the US follow the steps

  • Step1-First you will need to buy Bitcoins get them transferred to your wallet. To buy bitcoins go to coinbase.com(You can buy in Euros here)
  • Step2-Then we need to convert these Bitcoins to Stellar(XLM coins).For that go and register to binance.com
  • Step3-Register here, then deposit your bitcoins here by going to Funds->Deposit/Withdraw
  • Step4-Enter your wallet address and enter the amount of bitcoins you want to convert to Stellar(XLM coins)
  • Step5-Enjoy your Lumens wallet. You can also convert the Stellar Coins back to Bitcoins using this

How to buy Stellar (XLM Coin) in Australia?

Follow these steps to purchase Stellar (XLM coins) if you live in Australia

  • Step1- Head to “coinspot.com.au”
  • Step2- Register an account.
  • Step3-Click on Buy/Sell. Then select Stellar and click on Buy STR.
  • Step4-Type the amount of Stellar Coins you want to buy in Australian dollars
  • Step5-Enjoy your Stellar coins

How to Buy Stellar in India?

Currently unavailable. We will update soon.

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