Buy Stellar Lumens (XLM): The best brokers | Stepy-by-step guide

In this article we want to introduce you to several ways in which you can easily buy Stellar Lumens (XLM) quickly (it takes less than 5 minutes, promised!) and safely. However, you should decide whether you really want to own the XLM or whether a certificate on XLM (so-called CFD). Furthermore you have to choose if you want to store your XLM on the wallet of the Stellar Lumens exchange or if you want to buy your own Stellar Lumens wallet. In a nutshell, the following important decision has to be made:

  1. If you want to keep your XLM coins yourself and actually want to own the cryptocurrency (not as CFD!), then you should buy your XLM on Kriptomat or Litebit. You can then store them on a desktop or hardware wallet.
  2. If you want to invest in Stellar Lumens, but you are not tech-pro, you can buy Stellar Lumens on eToro. The exchange takes over the storage for you and your deposits are secured up to an amount of 20.000 USD. On eToro you can also trade with a leverage (2x) and speculate on the Stellar Lumens price.
On most platforms you can buy either real cryptocurrencies or crypto CFDs. eToro is an exception. At eToro you can buy both CFDs and “real” XLM. Below you’ll find the advantages and disadvantages of each. >> Please note: Crypto CFDs are not offered in US/UK under FCA! <<
Buy Stellar Lumens as CFD:
✅ Clear and unambiguous legal regulations
✅ Deposit insurance on capital invested
✅ Trading with a leverage
✅ No wallet setup required
❌ no possession of a real cryptocurrency
❌ high fees for long-term investors
Buy real Stellar Lumens:
✅ Owning a real cryptocurrency
✅ Freedom and independence from third parties (exchanges, brokers)
✅ Lower fees for long-term investors
✅ No obligation to make additional contributions (only total loss possible)
❌ More time required to set up the external wallet
❌ Responsibility for the Private Key & no deposit insurance


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✅ 15 Buy Cryptocurrencies & CFDs
✅ Free demo account
✅ Minimum deposit: 180 €
CFDs are not available for US and UK (FCA) users


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✅ Buy 30+ "real" cryptocurrencies
✅ Licensed exchange in the European Union
✅ Payment by SEPA, credit card, Neteller
✅ Low fees, no price premium ("spread")

litebit review

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✅ Over 50 cryptocurrencies
✅ Buy and sell cryptocurrencies via Euro
✅ Payment by SEPA, SOFORT, credit card, Giropay
✅ Minimum purchase: 1 €.

**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Buy Stellar Lumens on eToro

Another reputable Stellar Lumens dealer is eToro. The first step is to go to the official website (if you click on this link, you will be taken to the official website)**. If you have visited, click on the green button “Register now”. Once you have done this, you have to also accept the Terms of Use and Privacy Policy. Once you have ticked these two boxes, click on the blue “Create account” button.

**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Purchase limits on eToro

Once you have successfully completed these steps, you will automatically be logged into your account. At the moment, your account is subject to deposit limits, which you can unlock step by step. Before you have confirmed your identity, deposit limits of €2,000 apply. The following table shows which deposit options are available and which special limits apply in each country.

Method of paymentCountriesTime of transferMaximum par transaction
Credit cardworldwideImmediately$40.000
Giropay, SOFORTGermanyup to 1 working day$30.000
NetellerUK (Great Britain)Immediately$10.000
Skrill Limited UKUK (Great Britain)Immediately$10.000
WebMoneyUK (Great Britain)Immediately$50.000
Virement bancaireworldwideBank wireUnlimited
YandexRussiaImmediately5.000 RUB

The possibilities shown here depend on where the trader (you!) lives. In order to use eToro to its full extent, you have to verify your identity as well as your address. This process is the same for all Stellar Lumens brokers, as this information is requested by law.

Verification is completely free and does not take long. First click on the “Edit” button on your profile. Here you can enter all necessary information and upload documents. Upload the front and back of your passport and a photo of your last electricity bill (to verify your address). If you’ve done all this, you can deposit money now. Click on “Deposit money” and choose your preferred payment method. Depending on the payment method used, the deposit (see table above) may take longer or faster. If you have now deposited money, you can immediately invest in XLM.

Buy XLM from eToro

On eToro you can choose whether you want to buy real XLM coins or just a certificate (CFD) and use the leverage to reap huge profits (only suitable for advanced traders!).

When trading on eToro you have to note the following:
All buy positions without leverage are traded as real assets. Your investment in eToro will then be secured with real Ethereum Classic. This means that eToro buys the XLM in your name and stores it in a separate account under your name.

In contrast, all buy positions with leverage are executed as CFDs. CFDs are so-called derivatives – a security whose value or performance depends on the performance of one or more underlying assets. They are specialized and popular over-the-counter (OTC) financial products that allow traders to easily open positions in a variety of different financial markets. The underlying asset – XLM – is not acquired by the investor. All you receive is a certificate.

Buy “real” Stellar Lumens (XLM)

In addition to Stellar Lumens, eToro offers a total of 14 cryptocurrencies for trading. First click on “Markets” and then on “Crypto”, then on XLM, all framed in red.

Buy XLM on eToro

Now you have to click on the letter “B” to buy. You can sell your XLM by clicking on “S” for sell. Click on “B”. You will be forwarded to this page:

Buy Stellar Lumens on eToro

Select “Order” in the upper right corner to buy XLM, framed in red. The price is automatically adjusted by eToro to the current XLM price. You can also enter a higher price, but it can quickly happen that your purchase order will not be executed. Now you just have to enter the amount of XLM you want to buy, framed in green in the picture. If you now click on “Set Order”, a purchase order will be executed within a few seconds and you are the proud owner of XLM-Coins.

>> Buy and sell Stellar Lumens XLM on eToro** <<

**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Buy Stellar Lumens CFDs with leverage

Purchasing XLM CFDs on the platform works almost the same as buying “real” XLM. Here you should remember the following: When you open a new “buy position” for a cryptocurrency without leverage, you buy the real cryptocurrency and no XLM CFD. Your purchase at eToro is then secured with the real asset. This means that eToro buys the digital currency XLM in your name and stores it in a separate account under your name. To buy Stellar Lumens CFDs you have to also click on “B” for XLM. Then you reach the already known page.

Buy Stellar Lumens CFDs on eToroBut now you have to click on “X2” in the middle and then again on the “X2” button on the right. Directly below, the message that a “CFD trade is being executed” now also appears, framed twice in red. For the trade with cryptocurrencies eToro offers at present no larger leverage. Now you should check your Stop Loss and Take Profit settings. A reasonable stop-loss limit is very important here in order to minimise the existing risk. If you checked all that, you can place your order.

Stop Loss means that you close the trade when the XLM price reaches a fixed market price or an amount of money you have set. Take Profit means that your trade is automatically closed when the profit you set is reached. It should be noted that eToro charges “overnight fees” (also known as rollover fees).

>> Buy and sell Stellar Lumens CFDs on eToro** <<

**68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

Legal notice:

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Buy Stellar Lumens on Kriptomat

About Kriptomat

Despite the fact that Kriptomat is a comparatively young crypto exchange, there are, in our opinion, some good reasons to use it. This is also reflected in the increasing popularity and growing number of users of Kriptomat. On the website, there are currently over 30 cryptocurrencies available for purchase, directly per Euro, USD, etc. You can also send them directly to an external wallet (unlike eToro).

According to the motto of the exchange “Crypto for everyone”, the focus is on an easy-to-use user interface which should allow even an absolute newby to buy and sell cryptocurrencies very easily. From our point of view, the exchange keeps this promise in any case and is therefore our top recommendation for crypto investors with little to no experience in trading!

But Kriptomat is not only a good address for newcomers. In our opinion, there are good reasons for long-term investors to use the website. As far as seriousness is concerned, Kriptomat can convince with two licenses from the Estonian government. Furthermore, Kriptomat offers another unbeatable advantage: the fees. In contrast to other exchanges and brokers, Kriptomat does not charge a price premium, the so-called “spread”, which can be set by each exchange (very opaque). With Kriptomat, on the other hand, the purchase price corresponds to the spot price of XLM. Kriptomat only charges a fee that depends on the payment work and is always displayed transparently during the creation of the buy order. The following table shows these fees:

TransactionFee %Minimum
SEPA (Euro to crypto)1.45%1,45 EUR
Zimpler 2,89 %
SEPA sell (crypto to Euro)1,45%1,45 EUR
Credit card >100 EUR3,65 %
Credit card <100 EURvariable

>> Buy Stellar Lumens (XLM) on Kriptomat* <<

Account setup and verification at Kriptomat

Kriptomat is a very reputable cryptocurrency exchange that complies very closely with the legal requirements of the European Union and therefore requires extensive verification of its customers (to the same extent as eToro). In order to buy Stellar Lumens (XLM) on Kriptomat you have to register first.

To do so, go to the official website* and click on the orange “Register” button. A pop-up window will open where you can enter your first and last name, an e-mail address and a password. Once you have done this by clicking on “Register”, Kriptomat will send you an e-mail containing a confirmation link. Once you have clicked on the link, you can log in to your Kriptomat account with your access data.

However, the registration process is not yet complete. Before you can buy Stellar Lumens (XLM), you have to enter and verify your phone number. Kriptomat will send you an SMS containing a verification code that you enter on the website. Due to the strict EU money laundering regulations, you must also disclose your full identity (address, identification document, proof of address, etc.). To start the process, simply click on the appropriate prompt (see screenshot).

kriptomat verification

This will open a new pop-up where you have to enter your address (street, house number, city, country). You will also need to submit a photo or scan of your passport or ID card to Kriptomat. Kriptomat provides a very simple solution for this. You can continue the registration process on your smartphone via SMS link. This allows you to simply take a picture of the document and upload it to Kriptomat. The same applies to the last step of the registration process, a photo (selfie) of you. Once you have completed the registration process, the following purchase limits are available to you.

Daily deposit and withdrawal via SEPA25,000.00 EUR
Monthly deposit and withdrawal via SEPA200,000.00 EUR
Deposit and withdrawal in cryptocurrenciesno limit
Daily limit for other payment methods500.00 EUR
Monthly limit for other payment methods5,000.00 EUR

There is also a small “but” in the sense of a further verification step. If you want to buy Stellar Lumens (XLM) via SEPA bank transfer, it is necessary to link your Kriptomat account with your bank account. Then you can deposit money via SEPA and use this “credit” to buy XLM.

By the way, this step is the same for the other payment methods: Neteller, Skrill and credit card not required. However, you should keep in mind that SEPA has the lowest fees (see fee table, above) and the highest purchase limits, so SEPA may still be the best payment option for you. For an overview of the verification process, see the Kriptomat tutorial below:

>> Buy Stellar Lumens (XLM) on Kriptomat* <<

Buy XLM on Kriptomat

The Stellar Lumens (XLM) purchase process does not require much explanation as the purchase process is really very simple and intuitive. First click on the tab “Buy/Sell” (step 1) on your account overview page and then select the tab “Buy” (step 2). Now a new area will appear where you can select Stellar Lumens (XLM).

kriptomat buy Stellar Lumens XLM

Thereupon the previously mentioned payment options are available (step 3). In the fourth step (see screenshot) you only have to specify the purchase amount. If you now click on “Buy Stellar Lumens”, you will see the transaction fees for the order and can finally complete the purchase in the following window (“Confirm transaction”). Kriptomat will then confirm the purchase and redirect you to your “My Wallet” section. Normally, the XLM should appear on your account within a few seconds.

A good summary of the purchase process is also provided in the following video tutorial:

>> Buy Stellar Lumens (XLM) on Kriptomat* <<

Buy Stellar Lumens on Litebit

We have been a regular customer of Stellar Lumens Exchange Litebit for 4 years now, as we are completely satisfied with the customer service and the simple user interface.

To invest in Stellar Lumens, you have to first register on the official website (by clicking on this link you will be forwarded directly to the website from Litebit)*. Click on the button “Create Account” in the upper right corner.

Buy Stellar Lumens on Litebit register processNow enter the required information about yourself. This is necessary under the KYC and Money Laundering Directives. When you have entered all the information, click on “Create account”. Litebit will then send you an e-mail containing a confirmation link. So go straight to your mailbox and click on the appropriate link.

In the next step you must also enter your telephone number. Litebit will send an SMS containing a code that you have to enter on the website to verify your phone number. Once you have successfully done this, you have to select a security measure that is appropriate for you. Normally, sending an SMS is preset for all emergencies. However, we recommend enabling 2-factor authentication. For this you have to download the Google Authenticator or another app, so you can scan the Barcode and get new codes accordingly.

When you have successfully completed all steps, you will be redirected to the Litebit homepage. Now you can log in to the platform. Click on the button “Log in” and enter your username and password.

>> Register on Litebit now* <<

Purchase limits on Litebit for your Stellar Lumens Investment

At many Stellar Lumens brokers there are limits to the Stellar Lumens purchase. However, you can increase these limits step by step by verifying your identity. So far you are on the first level and you can buy Stellar Lumens daily worth 350€, or 1050€ weekly and 4.200€ per month.

Litebit calls these levels of verification “animal”. Currently, you are in Tier 1. To overcome this Stellar Lumen trade cap, you have to take another step to verify your identity. The following table shows the respective tiers and the corresponding Stellar Lumens purchase limits.

The upper limits are slightly different depending on the Stellar Lumens method of payment used. The following table shows the possible Stellar Lumens purchase per day.

UnverifiedTier 1Tier 2Tier 3
iDeal0.00 €350.00 €500.00 €20,000.00 €
SEPA0.00 €250.00 €500.00 €35,000.00 €
Credits0.00 €350.00 €500.00 €10,000.00 €
Sofort0.00 €100.00 €500.00 €1,000.00 €
GiroPay0.00 €100.00 €500.00 €1,000.00 €
Bancontact0.00 €350.00 €500.00 €10,000.00 €

To reach the second level, “Tier 2” you have to verify your address. You have to scan the front and back of your identity card and upload it to Litebit. Litebit also wants to verify your residence. The easiest way to do this is to take a picture of a mobile phone or electricity bill and upload it.

To reach the highest level, “Tier 3”, a Litebit representative will call you via the Skype phone software to verify your identity. During the video call you will be asked to hold your badge in the camera so that this data can be verified. Normally, this call doesn’t even last two minutes. Once you have successfully done this, you can buy and sell Stellar Lumens for 500.000€ per month.

Buy Stellar Lumens in 5 minutes: Step-by-step guide

Once you have successfully completed the registration process, you can now buy Stellar Lumens very easy and quick. Navigate to the Litebit homepage and make sure you are logged in. Now click on the “Buy” tab.

Now you can see the most prominent cryptocurrencys in the upper area, but Stellar Lumens is a bit hidden. Just type XLM into the search field and press search. XLM will then be displayed, click on it. Now you should see the following view in front of you:


Now you can enter your desired purchase amount, e.g. 200€ or 300€ in the free field, marked in red. Of course you can also enter how much XLM you want to buy, Litebit will adjust the Euro amount accordingly. “The receive adress”, here framed in green in the screenshot, is the receiving address of your wallet. Enter the receiving address of your Stellar Lumens Wallet in this field.

Once you have entered your address, it is time to select a payment method that you want to use to pay for your XLM. We recommend a simple bank transfer, as the fees are very low in this case. If you decide to make a bank transfer, you will send the respective amount, 200€ or 300€ to the account indicated by Litebit with a specific payment ID. The transfer will usually arrive within 24 hours on the Litebit account and the Stellar Lumens Exchange will immediately transfer your XLM to the account you specified.

>> Buy Stellar Lumens XLM on Litebit* <<

Buy Stellar Lumens on Anycoindirect

If you want to buy XLM at Anycoindirect, you have to first create an account on this platform. Visit the official website. Click on this link and you will be directed to official website

Once you have accessed the website, click on “Register” in the upper right corner. You will now be asked to provide some personal information that is required under the KYC policy. When you have completed all the fields, click on the green button at the bottom of the “Register” page. You will then receive an e-mail containing a confirmation link. Open your mailbox directly and click on the confirmation link.

Once you have clicked on the link, you will be redirected to the home page. However, in order to use the exchange to its full extent, you have to verify your identity. Click on your profile and upload the corresponding documents. You need to scan and upload the front and back of your ID card. To verify your address, you can take a recent photo of your last electricity or mobile phone bill showing your address. You can also easily upload this photo in your profile.

If you would like to reach the highest verification level, Anycoindirect will contact you via Skype in a video call. Here you have to hold your identity card in the camera and briefly verify some important information about yourself. The interview usually takes less than 3 minutes and is quick and easy. Once you’ve done all this successfully, you can go to the “Buy” tab on Anycoin’s homepage and select Stellar Lumens /XLM.

Depending on the verification level you have reached, you can trade Stellar Lumens with a value of up to €5,000 per day. Depending on which payment method you choose for your Stellar Lumens Investment, you will have to pay different fees. A very inexpensive payment method is bank transfer. If you want to use the bank transfer, select the item “SEPA”.

In the field “Stellar Lumens Address” you have to enter your receiving address of your Stellar Lumens Wallet, framed in red in the screenshot. If you do not yet have your own Stellar Lumens Wallet, you can create your own wallet using the instructions above. Now simply insert the receiving address there here.

Purchase Stellar Lumens on Anycoindirect.euIn the field “Memo Optional” it is recommended to assign a unique payment ID, so that your transfer can be assigned to Anycoindirect as soon as possible, framed in green. Once you have entered your desired purchase amount, your Stellar Lumens receiving address and a PaymentID, you can click on the “Buy Stellar Lumens” button at the bottom right.

In the next step, Anycoindirect will tell you the bank details to which you should transfer the purchase amount you have chosen, e.g. 200€ or 300€. Normally it doesn’t take longer than 24 hours and Anycoindirect has received your payment and will immediately send your XLM to your wallet address. In some cases it can take up to 48 hours, so don’t panic if not everything is done after 24 hours.

If problems arise, Anycoindirect has excellent customer service, which can even be contacted via Skype. We were always very satisfied with the support in English.

The best Stellar Lumens (XLM) walllet

The simplest way to store your XLM is to use the XLM wallet on the exchange eToro. However, if you would like to use an external wallet, please read the following Stellar Lumens-Wallet instructions carefully. We use the Foxlet-Open-Source-Wallet to store our XLM-Coins. This is very easy to use and is a secure desktop wallet.

To download the software you have to first go to the official website. Click on this link, which will take you directly to the website. Find the right software version for you now. We use Windows in the 64-bit version. That’s why we download the StellarDesktopWin64 zip file.

Once you have downloaded and unpacked the software, click on the .exe file. You will then reach this surface:

Stellar Wallet Schritt 1

Since you don’t have an account yet, click on “Create new Account”, framed in red in the picture. In the next step click on “Create an empty Account”, because you don’t have an account yet and therefore no secret key to import.

Create Stellar Lumens wallet

Now you need to save the wallet file to a safe location. This can be either a USB stick or a well secured cloud. You can also save the file on your PC, but the file can quickly become a victim of a phishing attack. If you have saved the file, you have to assign a password in the next step. Make up a secure password for it and do not use password generators from the Internet!!!

When you’ve done that, click on “Confirm”. In the next step you will see the following overview:

Save your Stellar address and your “Secret Key” in a text file, which you keep in a safe place, preferably without Internet access. When you have successfully done this, click on “Yes, I saved my secret key”. Your wallet address, which you have to enter on Litebit or any other exchange to receive XLM, can be found by clicking on your wallet address in the upper right corner. You will then get to this page:

Stellar Wallet

The “Receive adress”, which you have to enter at Litecoin, is framed in red in the screenshot. You just have to copy them and paste them into the Litebit file. If you want to send Stellar Lumens, just click on “Send” in the navigation bar. The further steps are then self-explanatory.

If our purchase instructions have helped you, please rate them:


If you have any further questions, please feel free to write us a comment, we will be happy to help you!

Connect with Collin Brown on X (Twitter) for valuable market insights and frequent updates!
Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

About Author

Please follow me on Twitter for deep analysis. Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.

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