How to buy Stellar Lumens (XLM)

How to buy Stellar Lumens (XLM)

Are you done with all of your research? Have enough reasons to buy (need 5 more?) Good! We are going to make this super simple. As of today you have 2 ways of obtaining Stellar lumens, an easy way and a hard way.

Easy way:

You can buy Directly from exchanges such as https://changelly.com and hopefully coming soon https://fairx.io/ , which is built on top of the Stellar Network. Some fees would of course be associated.

In some circumstances or your location, the easy way may not be an option

"Hard" way:

Step 1. Buy another cryptocurrency or asset like ETH or LTC (Don’t buy BTC because network fees will kill you) through a cryptocurrency exchange. One of big names, Coinbase makes it easy for anyone to buy In the US, as well as Gemini for more advanced users. Alternatively exchanges like CEX and Coinfloor for people in the UK.

Step 2. Exchange your currency for Stellar. After your new purchase hits your digital wallet, transfer it to an exchange offering Stellar. Exchanges such as Binance give you the option to trade and sell instantly with high liquidity. If you are looking for a quick swap and deposit without the charts, sites like https://changelly.com (and hopefully coming soon https://fairx.io/) will swap your current currency for Stellar Lumens

Last, you need to protect for investment. Get a Stellar Wallet. Never store your Stellar coins on an exchange for a longer than required! Always hold your Stellar coins to an offline wallet like the Ledger Nano S or any other wallet that you control.

Now get out there, join the Reddit communities, follow the team on twitter, set your google news feed - so you can figure out the best time to buy more!