How to buy Stellar (XLM) without Commissions: Step by Step

Here you will find a quick step-by-step guide, so that in less than 5 minutes you can buy Stellar (XLM). Forget about guides that don’t get to the point and waste your time. With even a video so you don’t miss any step, with this guide you will solve all your doubts on how to get this cryptocurrency. So let’s get straight to it.

Where to Buy

This cryptocurrency can be found in different platforms and exchanges. Our recommendation is to use Binance to buy this cryptocurrency. Since it is the most used Exchange in the world, and we have the full tutorial below in the following video.

Still, we have another very good option if you are looking for something simpler, easy to use and security. Since it is regulated and located in Europe, with all that implies for investor protection. We are talking about Bitvavo, which if you do not have an account, you can get €10 free with the link you will see below. If you use other platforms, this tutorial can also help you to see the step by step, as the platforms are very similar to each other and usually have a very similar interface.

In case you can’t watch the video, let’s watch the guide below.

Step by Step

The first step is to create an account with Binance to follow the instructions that we will now see, above you will find a link to do so.

With your account created, the next step is to log in and deposit funds. For me, the most practical way is by credit card, although it has a commission of 1.8%, you can have the balance instantly in your account, while with a wire transfer, there is no commission, but you must wait a few days to have the balance available.

With your funds,we must firstbuy a stablecoin or another cryptocurrency, in my case, I like to use USDT (Tether). Since with USDT you will be able to buy 95% of the cryptocurrencies in Binance. To do this, go to markets/markets, and click on FIAT market. Here, we will look for our currency, in my case Euros (EUR). And you will see the EUR/USDT pair. Sometimes there are pairs already with EUR or other currencies or are added over time, but we recommend that you always switch to USDT for convenience and flexibility to buy and sell any cryptocurrency within Binance.

We click on this pair, and go to the red sell button. Since we must change the Euros for USDT. Indicate the amount of euros you want to exchange or your currency for USDT. Click on sell and that’s it, you have USDT.

With the USDT in your balance, you must go again to markets, FIAT market, and search this time for XLM. Search for XLM and not Stellar, since XLM is the acronym and if you enter Stellar you may not find it. Once you search for XLM, you will see the XLM/USDT pair.

Click on it, and now go to the buy part with the green button. Here, indicate the amount of USDT (Tether), which we bought earlier, you want to use to buy Stellar, and click on buy. With this, you will have Stellar in your balance.

Now, you will see on the right side of the screen that the transaction has been completed.

You can go back to the main panel to see your new cryptocurrency. If you want to withdraw it, you must click on the Stellar cryptocurrency, withdraw, and enter the address you want to withdraw it to, either your metamask wallet, another exchange or another platform. You can find a guide in our blog if you don’t know how to withdraw cryptocurrencies from Binance.

If you follow these steps, you can have XLM in just a few minutes in your account. Sign up with Binance today so you don’t miss your chance.

Stellar Price (XLM)

what is Stellar?

STELLAR IS WHERE BLOCKCHAIN MEETS THE REAL WORLD

Stellar enables builders to unlock human and economic potential. It combines a powerful decentralized blockchain network with a global ecosystem of innovators to create opportunities as borderless as ideas. It provides the tools to make a difference in the real world through new digital asset products and services that improve access to the global financial system.

About Stellar

The Stellar Network

Designed for fast payments and extremely low-cost transactions, the Stellar network is a public, open-source blockchain where the world’s financial systems and their currencies can freely interoperate with each other on a single network in the most efficient and cost-effective way possible.

Like Bitcoin and Ethereum, the network relies on blockchain technology to stay in sync, but, unique to the Stellar network, its agreement-proof consensus mechanism, the Stellar Consensus Protocol (SCP), makes it faster, cheaper and much more energy efficient than most blockchains.

(RE)INTRODUCING OURSELVES

If ideas have no boundaries, neither should opportunities. The Stellar network is a place where all the hard work pays off. Where you can have a real impact on problems unique to your world. Learn more about what makes the Stellar network unique and how we make it happen every step of the way.

Why Stellar

IMAGINE IT, BUILD IT

Stellar is a public, decentralized blockchain that gives developers the tools to create experiences that are more like money than cryptocurrencies. The network is faster, cheaper and much more energy efficient than most blockchain-based systems. It is designed so that Stellar’s ecosystem can have a lasting impact in the real world.

START BUILDING

The Stellar ecosystem has comprehensive documentation, tools and community support to help your project get up and running quickly.

Use cases

STELLAR FOR…

From large enterprises to startups, companies use the Stellar network to move money and access new markets.

Payments

Make borderless payments with low-cost, near-instant transactions on the Stellar network.

On- and off-ramps

Enable the exchange of value between fiat and digital assets with Stellar’s global network of anchors.

Tokenization

Create, issue and manage digital representations of real-world assets, such as stablecoins and more.

ANCHORS = GLOBAL ACCESS

Stellar’s anchor network supports more than 180 countries and more than 20 digital assets. By integrating anchor services such as on- and off-ramps, cross-border payments and fiat-backed digital assets, builders can offer new payment services to end users and reach customers in new markets around the world.