The Stellar network has a built-in exchange where you can buy/sell Lumens. It is called Interstellar.
It features multi-wallet options that are very secure.
Transactions are made very fast and effortless in this exchange.
To enjoy the versatility of this exchange, take these 3 steps:
- Create an account.
- Upload funds to an anchor on the Stellar network.
- Then maximize the near-instant transfers available on the network.
In other words, start making transactions.
Other exchanges where you can buy and sell XLM include:
Binance is a Cryptocurrency Exchange, founded in 2017 by Changpeng Zhao in China.
The exchange’s headquarters was later moved to Malta, a more crypto-friendly Nation due to the Chinese government regulations on cryptocurrencies.
It provides a platform for users to buy and sell XLM easily and swiftly.
There are different convenient payment methods that you can use to buy XLM.
The exchange also supports other cryptos like BTC, ETH, BNB, XRP, USDT, NGN, etc.
You can read our review on Binance to learn more.
Changelly is a non-custodial exchange that was launched in 2015 by Minergate (a crypto mining pool).
Users of this exchange do not keep their funds in it.
They are rather connected to another exchange offering the best rate in the market through an automated trading bot.
This exchange provides an easy-to-use interface where you can buy XLM and 99 other cryptos.
Find out more about the Changelly exchange here.
Coinbase is a cryptocurrency wallet and platform where merchants and consumers can transact with cryptocurrencies.
Brian Armstrong and Fred Ehrsam founded Coinbase in 2012 as part of the Ycombinator. It is fully licensed and regulated.
Customers can buy, sell, convert, send, receive, or store XLM at Coinbase.com and in the Coinbase Android and iOS apps.
Read our Coinbase review to learn more.
CEX.IO was founded by Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, and Peter Ivanov in London.
The platform used to be strictly a Bitcoin exchange but now offers support for multiple currencies including XLM.
It is a broker and trading platform type of exchange.
CEX.IO provides an easy-to-use platform for customers to buy and sell Stellar Lumens.
At the time of this writing, the daily change for the pricing of XLM on the platform is $0.00108.
Get more info by reading our CEX.IO review.
Paybis is digital and cryptocurrency exchange that was launched in 2014 in Latvia.
It has its offices across Europe and in the USA and has served over 200,000 customers.
In addition to XLM, the exchange also supports BTC, ETH, LTC, XRP, BCH, NEO.
The services offered in this exchange include Payblis Credit/Debit Card Exchange, Bitcoin Exchange, E-currency Exchange, and Bank Transfer.
Learn more about Paybis here.
Kraken is one of the largest cryptocurrency exchanges in the world both in total volume and liquidity.
It was founded in 2011 by Jesse Powell.
The platform is very user-friendly. It is one of the best exchanges to trade XLM.
Here, you can make deposits via bank wire, SEPA, ACH and SWIFT.
Kraken also supports other cryptos like BTC, XRP, BCH, LTC, etc.
Hit Solutions LTD founded HitBTC in Hong Kong in late 2013.
Then, angel investors raised $6M to set up the exchange.
It offers a variety of services including OTC Trading, Token listing, Margin trading, and API.
The platform allows users to buy XLM using other cryptocurrencies.
No fiat currency is supported on this platform for now.
Still here? Good!
In the next section, you will find where you can store your Lumens.
This is the most secure wallet to store your Lumens. It is a hardware wallet that supports the storage of Lumens.
The Ledger Nano S also supports a wide range of crypto currencies.
Additionally, this wallet makes backup and recovery very simple. And it has a strong development team and customer support.
You can read our review on Ledger Nano S for more info.
This is another hardware wallet where you can store your Lumens. It also enables you to that store your private keys offline.
It has a unique colored touchscreen and has no buttons. The wallet supports over 1000 cryptocurrencies including Ripple and Monero.
Read our review on Trezor T to learn more.
Yet another hardware wallet where you can store your Lumens.
It was introduced by Ledger as a major improvement to the existing Nano S.
Unlike its predecessor, it has a Bluetooth connection that allows pairing with its smartphones App (Ledger Live Mobile).
Also, it supports over 1000 cryptocurrencies and has an inbuilt rechargeable battery.
Get more info on this wallet here.
Foxlet is a desktop wallet that supports only the storage of lumens.
You get to encrypt your XLM secret key yourself and store it on your personal computer.
Here, you do not need to register and you can sign transactions offline.
This wallet is very simple to use.
This is another desktop wallet where you can store your Lumens. Unlike the Foxlet wallet, it can store 300 different types of tokens.
Also, this wallet enables atomic swaps and exchanges using Changelly and Shapeshift. Hence, the user can make an exchange at a relatively low cost.
Atomic XLM Desktop Wallet is easy to use, and you are always in control of your keys.
This is a Stellar wallet that has a decentralized exchange. As such, users can exchange different coins without the need for a centralized entity.
It also means that you can swap two different crypto pairs even if there is no existing market for it.
Gladly, Interstellar wallet exists across all operating systems (Mac, Linux, Android, iOS, web).
This wallet enjoys strong support from the Stellar community.
It is updated every 3 months. This means that it uses the latest security features.
Stargazer is both a desktop and a mobile wallet with great user interface..
You can get the desktop version from the Stargazer GitHub in Windows, Mac OS X, and Linux.
For the mobile wallet, it is only compatible with Android and you can download it from the Google Play Store.
On Stargazer, you can send/receive XLM, set up multiple accounts and assets, and apply multi-sig security.
We have here a mobile XLM wallet that is available for both Android and iOS devices. It is attractive and easy to use.
It also features a built-in XLM price converter, 2-factor authenticator, fingerprint support, and secure PIN protection.
Also, you cannot store other tokens apart from Lumens in this wallet.
However, it is not very secure as you lose your Lumens when you lose your mobile device.
You can download Lobstr Wallet from iStore and the Google Play Store.