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You can buy Stellar Lumens, like other cryptocurrencies by using something called a Crypto Exchange. There are many exchanges that you can trade Stellar Lumens on. We have created step by step buying guides for the various exchanges to make it easier for you.
List of exchanges you can buy/sell or trade Stellar Lumens (XLM)
Click on one of the exchange names below for a step by step guide on how to buy Stellar Lumens:
How to buy Stellar Lumens (XLM) on Binance
1
The first thing you need to do is head over to the registration page for Binance and enter your details: email & desired password.
2
Once you have finished the registration form and clicked register you will receive an email from Binance asking you to confirm your email address. Once your email has been verified and have been logged into your account you need to hover your mouse over the Funds link in the navigation bar which is all the way across the top of the website. A Drop down menu will then appear. Click the link: "Deposits Withdrawals"
3
On this page, you will see a long list of crypto currencies. From this list, find the row mb-4 pt-4 for Bitcoin BTC and click the Deposit button at the end of that row mb-4 pt-4. This will slide downwards to reveal some information. We are looking for the deposit address. As you can see in the picture below this one is 1QJ5BuEUasuyDpNydb9CR3bLECzw32H26h. Keep a record of this, we will need it shortly.
4
5
Now, from the Coinbase account that you just created we need to send your purchased Bitcoins over to Binance so we can trade them for Stellar Lumens. We do this by going to the Accounts section and then clicking the Send button.
Once you click the send button a new dialog button will pop up. This is where our Bitcoin deposit address comes in handy. The one we got earlier. For reference it was the "1QJ5BuEUasuyDpNydb9CR3bLECzw32H26h".
Note: Transfers from and to Coinbase/Binance might take some time. There has been a lot of action recently in the crypto universe and as such network congestion is expected. Do not worry as this is normal.
6
When your deposit has been completed to Binance you will get a notification email. When this happens, you are now able to buy Stellar Lumens. Do this by logging into Binance and using your mouse hover over the Exchange link at the top left of the page next to the Binance logo. This will show you a drop down menu. Click Basic
7
Find and click your trading pair in the right hand column. Because we are wanting to buy Stellar Lumens with Bitcoin we are looking for XLM/BTC. Obviously if you sent Ethereum over instead you would be looking for XLM/ETH.
8
Now you will be able to see the Stellar Lumens buying form. Fill this form our with the amount of XLM you want to buy and then click the button: Buy XLM.
That is it. Simple right? You are now the proud owner of the Stellar Lumens crypto currency. Happy Investing.