Buy Stellar (XLM)

Follow the steps below to easily and securely buy Stellar.

You can securely store your Stellar in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Stellar. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Stellar with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Stellar with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Stellar through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Stellar is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Stellar involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Stellar, it is important to understand the risks.

Volatility: The price of Stellar can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Stellar is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Stellar through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Stellar or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Stellar: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Stellar instantly at the best available market price.

- Do you want to buy Stellar at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Stellar. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Stellar without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Stellar with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Stellar reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Stellar without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Stellar is a decentralized and open-source crypto platform that facilitates cross-border transactions in both crypto and traditional currencies. Stellar aims to create financial accessibility and focuses primarily on people without bank accounts. Financial institutions can work together on the network and carry out fast, cheap, cross-border transactions.

The Stellar blockchain uses the Stellar Consensus Protocol (SCP). This consensus mechanism ensures that users can reach consensus without the need for energy-intensive processes. This distinguishes it from more well-known consensus algorithms such as Proof-of-Work and Proof-of-Stake.

SCP is a blockchain in which independent validators determine which other validators can be trusted. These validators are then allowed to validate transactions. This allows transactions to be carried out efficiently and consensus to be reached quickly between validators. We call this model Federated Byzantine Agreement (FBA). This makes the network fast, efficient and cheap.

Stellar works with the network's native token, XLM. XLM is used to pay transaction costs on the network and validators can earn money by supporting the network. In addition, XLM can be used on the network as an intermediate token. This can be used, for example, for trading between different currencies, such as fiat currency and cryptocurrency. XLM can also be used to build dApps (decentralized applications), execute smart contracts and is used on various DeFi platforms, such as SDEX and SmartLend.

Stellar Lumens was founded in 2014 by Jed McCaleb and Joyce Kim. Jed McCaleb is known for Ripple, which he co-founded and was involved in creating XRP. Together with Kim, he wanted to create a platform that connects traditional and decentralized financial systems, with the target group being people in developing countries who have little to no access to the traditional financial system.