Find out how to Purchase Stellar Lumens in South Africa – EconomyWatch.com

Stellar Lumens (XLM) is a bit different from Bitcoin or any of the other cryptocurrencies out there. In essence, its main strength is actually the underlying blockchain system, which is designed to allow people to move currency across borders with meagre fees quickly.

As luck has it, South Africa is a country that relies heavily on the Stellar system, especially when it comes to banking. Obviously, this helps Stellar in terms of reputation, especially when you consider that it was created by one of the people involved in Ripple.

If you are interested in buying Stellar Lumens in South Africa, follow the steps in this article and choose one of the many exchanges that have this coin on offer.

How to Buy Stellar Lumens in South Africa

The steps required for buying Stellar in South Africa are quite straightforward. Here is what you need to do:

  1. Get yourself an eToro account – eToro is one of the most trusted trading platforms out there, with millions of traders relying on it every day. It offers a lot of other cryptocurrencies besides Stellar as well, not to mention the fact that you can also go into other types of assets.
  2. Verify your account to get started – The first thing you need to do after creating an account is to verify it in order to prove your identity. This doesn’t take long, and it’s a mandatory step.
  3. Load up some cash into your account – Depositing fiat money is quite simple on eToro, and there are multiple payment methods to choose from. However, a minimum of $200 is required for your first deposit.
  4. Buy Stellar Lumens – The last step is to actually search for the XLM listing and make a purchase, after which the coins are added to your online wallet.

3 Providers that match your filters

for $ 100 you get

322.6624XLM

What we like

  • Trade real cryptos and crypto CFDs
  • Licensed broker with deposit insurance
  • Integrated wallet

for $100 you get

322.6624 XLM

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

for $ 100 you get

330.2373XLM

What we like

  • Amount of withdrawal fee: $0
  • Large amount of cryptocurrencies for CFD trading
  • Minimum deposit: $20

for $100 you get

330.2373 XLM

CFDs are complex instruments that have a high risk of losing money quickly due to leverage. 72.6% of retail investor accounts lose money trading CFDs with this provider.

for $ 100 you get

325.6823XLM

What we like

  • Careful selection of cryptocurrencies
  • Regulated by CBI and MiFID in Europe
  • No commissions and low spreads

for $100 you get

325.6823 XLM

CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.

What Are Stellar Lumens?

As mentioned before, Stellar is actually more about the underlying digital infrastructure than it is about the XLM coins themselves. As such, the network is designed to support a high number of concurrent transactions, and it’s also engineered to be used for more than operating a cryptocurrency.

The Stellar network is currently being used by various other businesses and companies, including Deloitte Digital Bank, ICICI bank in India, and Tempo Money Transfer, a French remittances company. The goal is to set the whole system apart from something like Bitcoin since the ultimate goal is to escape the ties to Bitcoin’s volatility.

As you can expect, the project is still being worked on even today, with more features and improvements being added all the time. Nevertheless, more and more companies and institutions seem to be interested in the Stellar network, which bodes well for cryptocurrency as well.

Speaking of which, XLM is doing rather well in terms of market capitalization. As of writing this article, it sits at a comfortable $6.5 billion market cap, which makes it one of the most popular cryptocurrencies you can buy.

Is Buying Stellar Lumens a Good Investment?

Investing into XLM seems like a pretty good idea, even if the price-per-coin is currently measured in pennies. The fact that the company behind it is pushing for the network to be adopted by financial institutions all over the world means that a lot of people are trusting it enough to run real-world systems.

The other thing that’s worth considering is that Stellar is actively trying to distinguish itself from Bitcoin and all the other cryptocurrencies currently populating the market. This is in order to make it clear to investors and potential users that XLM should not be affected by the wild price fluctuations that plague Bitcoin.

However, that has not necessarily been the case so far – at least not completely. Stellar Lumens prices have oscillated quite a lot in the last couple of years, doubling and halving on a regular basis. This means that you should still exercise caution when it comes to investing money into XLM.

Even so, things are looking good. This is clearly not just another attempt at a cash grab, especially when you consider all the infrastructure development that is currently underway with the Stellar network.

At the end of the day, the choice to invest in Stellar is really up to you since there is no hard data that can predict how the coin is going to fare in the future.

The Advantages of Investing in Stellar Lumens

As mentioned before, there are plenty of upsides when it comes to Stellar Lumens that are simply not true for many other cryptocurrencies. If you are seriously considering an investment, here are some of the advantages you can expect:

  1. Very strong underlying network – The Stellar network is currently being used by multiple multinational companies and institutions, which should tell you a lot about its resiliency. That’s not something you can get from many other cryptocurrencies.
  2. Above-average market cap – XLM’s market cap is one of its biggest strengths, mainly because it means that a lot of people are trading it on a regular basis.
  3. It may not be tied to Bitcoin’s volatility in the future – As of right now, Stellar Lumens are still affected whenever Bitcoin prices go down. The company’s goal is to make it clear that BTC and XLM are very different things, which should put an end to this.
  4. Constant infrastructure and algorithm upgrades – Since the network is being integrated by so many reputable companies, the developers are actively working on making it safer, faster, and more reliable for everyone.
  5. Very low transaction fees for everyone in the world – This is actually one of Stellar’s core tenets. The whole system was designed to allow people to exchange all sorts of currencies fast and with little-to-no fees attached.

The Disadvantages of Investing in Stellar Lumens

Since there are always two sides to every coin, Stellar Lumens have their flaws and drawbacks as well. Here are some of the more negative things you should consider before investing:

  1. It’s still as volatile as Bitcoin for the time being – Until people are convinced that XLM is a different kind of digital currency, Bitcoin prices are still going to influence Stellar’s value.
  2. The ties to banking institutions may not be everyone’s cup of tea – The truth is, cryptocurrency and traditional banking are two concepts that don’t really go well with each other. Many people are going to be against this partnership, that’s for certain.
  3. It’s as unsafe as any other crypto for now – Despite its integration with various institutions, you still don’t have any sort of buyer protection incorporated into the system.

How Much Does It Cost to Buy Stellar Lumens in South Africa?

Cryptocurrency prices do not really differ depending on the country, so that’s not an issue when it comes to Stellar Lumens and South Africa either. However, some other factors can influence the amount of money you have to invest to get a certain number of coins.

Hence, the payment method you use can incur additional fees, which may raise the price of XLM. After that, there is also the fact that some platforms may not accept your local currency, which means that you will have to convert it to USD/EUR/GBP in order to start trading.

Conversions are usually never advantageous to you, so that’s another way you end up paying slightly more for crypto.

As for the actual price of an XLM coin, the price right now is around 28 cents, which is not bad. It reached 80 cents during the 2018 bubble, so there is still a lot of room for growth in the future, that’s for certain.

Purchasing Stellar Lumens – How to Pay for Them

Getting your hands on Stellar Lumens is not difficult after you create an account with a trading platform, but actually getting some funds deposited into your account can be a bit tricky if this is your first time.

The one thing you should always keep in mind is the fact that you can always be hit with hidden fees if you are using specific payment methods. Credit card fees are notoriously abusive, so it’s almost never a good idea to use them.

Here are some of the options you can use:

Buying Stellar Lumens with PayPal

Since most people already have a PayPal account anyway, many trading platforms allow you to use it in order to deposit funds. Granted, not all of them are PayPal-friendly, but it’s definitely one option if you have nothing better at your disposal.

In case you do not have a PayPal account yet, setting one up is relatively easy, but you should be aware of the fact that a verification process is required in order to start transferring funds to or from your bank account.

This process doesn’t take too long, but you do need to provide pictures of various documents, such as an ID card, passport, or other means of proving your identity. Once all that is done, you are free to start moving funds and using them to start buying Stellar Lumens.

PayPal does have some limitations as well, especially in terms of fees. These fees depend on where you are in the world, especially when you receive or withdraw funds. Try to be aware of these fees before making a transaction.

Buying Stellar Lumens With a Credit/Debit Card

Credit and debit cards are even more common than PayPal accounts, which is why this is the first method everyone thinks about when it comes to depositing money into their eToro account, for example.

Unfortunately, they are rarely the best choice. As we all know, there’s a minefield of fees you have to go through every time you move money using a card. Even something as simple as making a payment can incur hidden processing fees, so it’s almost never a good idea to rely on them for your investment activities.

To illustrate this point, many popular trading platforms actually do not support credit cards at all, mainly because they also have to deal with these fees on their end. In some cases they are passing these costs onto you as well, which is yet another way you lose money while trading.

Admittedly, it is extremely easy to use a card, especially for beginners. Hence, if you truly have no alternative and you don’t want to complicate your life with wire transfers, they can at least serve as a starting point for your investing career.

Where to Buy Stellar Lumens in South Africa

After all that, you should now be ready to choose a broker and start buying Stellar Lumens. The point of this article is to present you with the best platforms currently available, so here are our top recommendations:

1. eToro

It’s not difficult to see why eToro is one of the strongest players in the crypto market nowadays, and it’s also quite easy to recommend it to new investors. The platform has been around for a very long time, and it has proven itself time and again over the years.

Even though in this particular case we are recommending it for XLM purchases, eToro is a great choice for a variety of other cryptocurrencies as well, including all the major ones. On top of that, various commodities and stocks are available as well, which can be traded just as easily as crypto.

The payment methods allowed range from classic bank transfers to PayPal and credit cards, which means that you have a lot of flexibility when it comes to depositing and withdrawing funds. As discussed earlier, however, not all payment methods are equal, so make sure you go with the one that makes the most sense for your particular situation.

In terms of trading fees, eToro does not make it difficult to turn a profit. There are also flat fees for withdrawals, which is always a nice touch. Keep in mind that you have to withdraw at least $30, and the flat withdrawal fee is currently resting at $5.

Additionally, you are also required to deposit at least $200 if this is your first time using the platform. After the initial deposit, you can keep topping your account with a minimum of $50, which is a lot more advantageous if you are not interested in working with large sums of money.

It should also be noted that Stellar is one of the few cryptocurrencies that can be transferred to your personal wallet. This service is only available for a handful of coins on eToro, which is great news indeed.

Pros

  • Fast trading platform with many different cryptos to choose from
  • Fairly low trading fees
  • High liquidity across the board
  • You can transfer XLM to your personal wallet
  • Many payment options at your disposal

Cons

  • If you are a beginner, the initial $200 deposit requirement can be a tad scary

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Binance

Binance can also hold its own when it comes to cryptocurrency trading platforms, with more and more features being added on a regular basis. Its customer base is also increasing at a pretty fast pace, making it one of the most attractive platforms you can register with nowadays.

One of the downsides you have to deal with while using Binance is the fact that the withdrawal fees are never set in stone. They are instead dictated by an automatic algorithm, which makes them difficult to predict. It’s in your best interest to check these fees before any withdrawal and perhaps wait a bit if they are too high.

Lastly, Binance is a purely crypto-based platform, with no other assets to speak of. This can be a great thing if this is all you are interested in, but as any good investor knows, the key to a healthy investment strategy is asset diversification.

Pros

  • Great user interface with plenty of graphs and charts
  • The possibility to move all sorts of coins directly to your online wallets
  • A plethora of cryptocurrencies to choose from

Cons

  • The annoying withdrawal fees

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

3. CEX.IO

CEX.IO makes trading crypto look pretty easy, even if you are not a professional trader. It doesn’t take long to get started, and there are plenty of different cryptocurrencies to choose from if Stellar is not the only coin you are interested in.

More advanced tools are available too, although you do need to have a grasp on the market in order to make proper use of them. Things like margin calls can be quite risky if you don’t know how they work or when they make sense, so it’s always a good idea to do your research before venturing into unknown territory.

There are all sorts of payment methods you can use, including credit cards. Thankfully, you can start out with as little as $20, which is great news if you are just trying to learn the ropes.

Pros

  • Very responsive trading platform with many advanced options
  • Diverse payment methods
  • Supports local currencies as well

Cons

  • A limited number of available coins

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Paybis

Paybis is a pretty established name in the crypto-trading world, and it’s also one of the brokers that offer Stellar Lumens as an investment option, along with many others. You also get a full page of research regarding every cryptocurrency, which is great if you want to know more about where your money is going.

Unlike many similar platforms, Paybis allows you to keep the coins you buy in a non-custodial wallet instead of an online account. This can significantly increase the security of your investment, and it’s our recommended method as well.

Pros

  • Keep your coins in a personal wallet
  • Regulated by governmental agencies
  • Many payment options to choose from

Cons

  • Prohibitive credit card fees

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Kraken

Kraken is an up-and-comer in the world of crypto-trading, but it has already managed to gain a loyal fanbase. Top-notch security is one of the main reasons people trust the platform above many others, so it’s nice to know that your coins are safe even if you do not keep them in a non-custodial wallet.

The security comes at a cost, however, since trading fees are a bit higher than average. On the other hand, it usually takes only a couple of clicks to buy the desired coins, so maybe the higher fees are worth it if you don’t want to deal with convoluted interfaces.

Pros

  • A great choice for newcomers
  • You can buy a lot of different cryptos
  • Some advanced options for experienced traders

Cons

  • Above-average trading fees

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Bittrex

Just like Kraken, Bittrex has a soft spot for beginners and newcomers, which is why the platform was designed to be as easy to operate as possible. Not only that, but you can also transition into more serious trading later on since you can also make use of a couple of advanced tools as you learn more about how things work.

Depositing and withdrawing money is where Bittrex is a bit of a nuisance, although there are definitely worse offenders out there. Hence, you might end up leaving a bit more cash on the table whenever you move funds around, so try to avoid withdrawing too often.

Pros

  • An impressive number of cryptocurrencies to choose from
  • An excellent choice for beginners
  • Responsive interface

Cons

  • Not that many payment options and fairly high fees

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

7. Wirex

Wirex is actually an interesting payment method that allows you to use cryptocurrencies instead of fiat money for a variety of purchases. As it happens, Stellar is one of the supported cryptos, together with a handful of other choices.

There are many types of account types to choose from, each one of which offers various benefits, although they may end up costing a lot more. On the other hand, you can also receive all sorts of rewards for using the platform, especially if you take advantage of various promotions and rebates.

It is also possible to create debit cards and load them up with Stellar, which is great if you are not getting into XLM purely for trading purposes.

Pros

  • Multiple account types to choose from
  • Debit card creation for Stellar coins
  • The cards are usable almost anywhere in the world

Cons

  • Requires a bit of research in order to figure out which account is right for you

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Changelly

Even though it’s actually an exchange platform, Changelly also offers you the means to buy Stellar, as well as exchange it for a variety of other coins. This service can be quite useful if you don’t want to lose a lot of money in the process since many regular trading platforms do not offer this option.

To make things even better, you are free to use a credit card for the initial purchase. As always, there are many fees to consider when doing so, but there’s no denying that it’s a lot faster than many of the alternative methods.

Since this is not a P2P platform, you do not have to deal with strangers when it comes to buying or exchanging your cryptos, which is good news.

Pros

  • Low fees when buying or exchanging coins
  • Simple interface
  • Support for credit card payments

Cons

  • You still lose some money with every exchange

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

9. Crypto.com

Most crypto traders have probably heard of Crypto.com, given the fact that it has been around for a very long time and it has a pretty decent track record in terms of security. The platform even has its own crypto that you can buy and trade, and you can even take advantage of it in order to receive gifts and rewards.

Ease-of-use is one of the most attractive prospects when it comes to Crypto.com. The whole platform was designed from the ground up with mobile phones in mind, which is why it’s very easy to navigate the interface, make deposits, or buy crypto.

Since the company takes security seriously, there is a KYC verification process you have to go through in order to start trading. If you don’t want to give out your personal information, this may not be the platform for you.

Pros

  • A recognizable brand with a long history
  • Simple interface, fully usable on smartphones as well
  • Credit card payments are supported

Cons

  • A KYC verification process is required to start trading

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

10. Poloniex

Although Poloniex has had its issues in the past (mainly because it got hacked back in 2014), the platform is still going strong. Not only that, but it also offers a huge number of cryptocurrencies to buy and sell, some of which are harder to get on other platforms. Because of this, many people prefer to take the risk and purchase crypto on Poloniex.

There are some upsides when it comes to payment methods, which is thanks to the Simplex system that allows you to use a credit card to make purchases. This feature is available in South Africa as well, although you should still keep in mind the extra fees you have to put up with while using a card.

A KYC verification is also mandatory if you want to use a credit card, although that is not surprising. Credit card fraud is probably the most widespread kind of fraud on the Internet, so the extra security of having to provide your identity is a godsend in terms of peace of mind.

Pros

  • Many different cryptos on offer
  • The Simplex system allows you to use a credit card for deposits
  • Withdrawal fees are pretty relaxed

Cons

  • The company was hacked in the past
  • Customer support is lacking

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

11. Bisq

If you are not interested in dealing with a trading platform when it comes to buying or selling Stellar Lumens, Bisq allows you to get in touch with other people. As such, this is a decentralized P2P platform where you can buy all sorts of cryptocurrencies from complete strangers, usually with no extra fees to drag you down.

Buying Stellar this way means that you can remain anonymous, at least as long as you remember to keep your personal details hidden while dealing with other people. Dealing with strangers also means that you have to be extra careful when setting prices, since there is no way to get refunds if the person simply disappears.

On the other hand, Bisq does provide a dispute mediation platform for such cases. Keep in mind that this is mostly used if you disagree with another user since Bisq cannot really reimburse you if you happen to get scammed.

Pros

  • No unnecessary fees when buying crypto
  • Great for maintaining anonymity
  • Deal with other people instead of a company

Cons

  • Not the best solution for beginners

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

12. Huobi

In case you don’t mind dealing with a Chinese-based trading platform, Huobi is one of the biggest Asian platforms out there, with millions of traders. Not only that, but the liquidity involved is impressive, to say the least. Hence, this is a perfect choice for experienced traders who want to move a lot of Stellar and need a market that can support such volumes.

Granted, if you are in South Africa and you are trading on a Chinese platform you can expect a few inconveniences. The first one of them is the lackluster English support, which means that you may have a hard time figuring out what certain features are supposed to do due to poor translation.

After that, there’s also the fact that the Yuan is the preferred currency, with everything else being subject to significant fees. Converting your USD or GBP to Yuan in order to trade is not very advantageous if you don’t make a decent profit at the end of the day.

Pros

  • Huge market with high liquidity
  • An impressive selection of cryptocurrencies
  • Many advanced trading features for experts

Cons

  • English support needs some work
  • Difficult to deposit and withdraw money

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

13. Avatrade

Just like Huobi, Avatrade is not a particularly beginner-friendly platform. In fact, Avatrade also deals with various other types of assets, including Forex and CFDs. With that being said, you shouldn’t feel disheartened if you are not an expert. There are plenty of guides to get you started, and the user interface is actually quite pleasant and easy to understand.

Given the fact that the platform handles a lot of different commodities, it is also heavily regulated by various governmental agencies. This should make you feel more at ease in terms of safety, although that doesn’t mean you cannot lose a lot of money due to bad investments.

It’s not possible to transfer any kind of cryptocurrency to a personal wallet, which is also true for Stellar Lumens, unfortunately. This is not an issue if you are not planning on actually using XLM for anything other than trading, however.

Pros

  • A great way to learn about advanced trading techniques
  • Great safety record
  • Clear and helpful user interface

Cons

  • Can’t move Stellar Lumens to personal wallets
  • Difficult to operate by beginners

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Create Stellar Lumens Wallets in South Africa

Stellar Lumens are no different than most other cryptocurrencies when it comes to wallets, which means that you have a few options at your disposal. You can either store them in online wallets and rely on the security of the website in question, or you can take matters into your own hands and get a personal wallet that is stored on your computer. Of course, both options have their pros and cons, so here is our breakdown:

Online/Hosted Wallet

Although you can usually just keep your XLM in the automatically-created wallets whenever you buy them on eToro or similar platforms, there are also special online solutions. Some of these online wallets can even be used to store multiple types of cryptocurrency, which means that you don’t have to keep track of multiple wallets if you are investing in more than one coin.

Here is what you have to do in order to get an online Stellar Lumens wallet:

  • Create an account with eToro or any other platform that offers online wallets. Once you do that, a wallet should be automatically created in your dashboard. The funds can also be transferred to a personal wallet later on.
  • Create a passphrase and secure your wallet. Regardless of whether you are using eToro or a special online wallet, a strong passphrase is recommended in order to keep your coins safe from hackers.
  • Deposit the funds into your wallet after purchasing them.

Non-custodial/Personal Wallet

Security is paramount when it comes to cryptocurrency, and you can never be too cautious nowadays. All it takes is for one platform to get hacked in order for your coins to be stolen, and there is no way to get them back after they get transferred to other wallets.

Because of this, one of the easiest ways to keep your investment safe is to get yourself an offline wallet – otherwise known as a non-custodial wallet. These are basically software apps that you can keep on your PC or mobile device, and where you can transfer your newly-purchased coins.

As always, remember that losing access to this wallet means that your coins are gone forever. You can delete them by mistake, or your PC can suffer a hard drive failure for whatever reason. Hence, it’s wise to create multiple backups and store them on multiple devices.

To create a personal wallet, follow these steps:

  • Search for a wallet on the Internet. The official Stellar website offers a couple of options, and that’s always a good place to start.
  • Download the software and install it on your device. The installation instructions should be very easy to follow, regardless of which wallet you choose.
  • Create a passphrase and commit it to memory. It is never a good idea to write the password down, and it’s definitely not recommended to store it on your computer.
  • Transfer your Stellar Lumens to the newly-created wallet. This step is only possible if the platform where you bought your coins from allows you to transfer cryptocurrency to a personal wallet.

Hardware Wallet

The last option is also the most drastic – a special piece of hardware designed to function as a portable wallet. Many different companies offer wallets that work with Stellar as well, including Ledger and Trezor. They are usually not very expensive, but they are not free either, unlike software wallets that can be downloaded at no charge.

Hardware wallets are a bit too advanced for beginners as well, so make sure to do your own research if you are new to cryptocurrencies or computer security as a whole. In order to set up a hardware wallet, here is what you have to do:

  • Find a nearby store that offers hardware wallets for purchase. Make sure the wallets support Stellar since not all of them do. As mentioned before, both Trezor and Ledger offer a few models.
  • Get the software installed on your computer – Hardware wallets require special software in order to work, so check the official documentation on how to set them up properly.
  • Transfer the coins to your wallet – Just like with a regular personal wallet, the next step is to send the coins to your wallet’s address and wait for the transaction to be validated by the blockchain.
eToro

Buy now

CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 75% of retail investor accounts lose money when trading CFDs from this provider.

Capital.com

Buy now

CFDs are complex instruments that have a high risk of losing money quickly due to leverage. 72.6% of retail investor accounts lose money trading CFDs with this provider.

AvaTrade

Buy now

CFDs are complex instruments and carry a high risk of possible rapid loss of capital due to their leverage. 71% of retail investor accounts lose capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take high risk in losing your capital.

Mobile App

Wallet

Number of Coins

Trading Fees

Deposit Fees

Withdrawal Fees

Bitcoin

$49971.04 $49648.65 $49772.65

Ethereum

XRP

Litecoin

Bitcoin Cash

Chainlink

Cardano

IOTA

Binance Coin

Stellar

EOS

Credit Card

Paypal

Sepa Transfer

Skrill

Sofort

Giropay

Neteller

Conclusion

All in all, Stellar Lumens are definitely here to stay, and they seem to be a pretty good investment. The developers are pushing very hard in terms of new features and improvements, and the blockchain system has also been adopted by many different institutions.

With that being said, you should still exercise maximum caution when it comes to investing in cryptocurrencies. Stellar has big plans for the future, and the creators are also actively trying to move away from Bitcoin in terms of volatility, which would be a huge win in terms of stability.

FAQ

Do Stellar Lumens have a future?

As of right now, Stellar Lumens seem to be on the right track for success, especially in terms of development. The fact that they are actively pushing for collaborations with banks and other big institutions means that the creators have big plans, which is excellent for investors. Thus, there’s definitely something to look forward to in the future.

How much is a Stellar Lumen worth?

The price per XLM as of right now is around $0.28. Its value is expected to rise and fall together with Bitcoin, at least until the currency manages to set itself apart and break the connection with the rest of the crypto market.

Is it a good time to buy Stellar?

As with every other cryptocurrency, the right time to buy it is very difficult to pin down. Prices change from hour to hour, and not always for the better. If recent events are any indication, the market is currently going down a bit after a fairly big bubble earlier in the year. Hence, buying during a dip is usually considered a good investment in many cases.

Will Stellar Lumens go up in price?

Most predictions say that the price of Stellar is going to increase in the following years, at least as long as everything goes according to plan. With more people buying in, more demand will be created, which correlates to an increase in coin value.

About Gannicus Oliver PRO INVESTOR


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Stellar Value Evaluation: XLM Crypto Value Might See Huge Breakthrough Quickly In The Future – Cryptocurrency Information – The Market Periodical

The XLM crypto price is currently seeing consolidated momentum but may soon hit a...

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Finest Penny Cryptos To Make investments In (2021) – FXStreet Stellar

Finest Penny Cryptos To Make investments In (2021) – FXStreet

Penny cryptos are altcoins that have huge benefits but also higher risks. In contrast...

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Foil Community: What You Want To Know About New Era Blockchain – Yahoo Finance Stellar

Foil Community: What You Want To Know About New Era Blockchain – Yahoo Finance

Investing in the market can be quite complex, especially if you want to add...

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That is why Dogecoin and Shiba Inu are not what they was – AMBCrypto Information Stellar

That is why Dogecoin and Shiba Inu are not what they was – AMBCrypto Information

With the market currently busy tracking the price movements of Bitcoin and Ethereum, some...

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Hut 8 Attends BMO’s 2021 Know-how Summit, Crypto Mining Panel, on Aug 24, 2021 – Yahoo Finance Stellar

Hut 8 Attends BMO’s 2021 Know-how Summit, Crypto Mining Panel, on Aug 24, 2021 – Yahoo Finance

TORONTO, August 24, 2021 / CNW / - Hut 8 Mining Corp. (Nasdaq: HUT)...

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Noboni.com: Best Girl’s Online Shopping in bd

Noboni.com is the best Bd online shopping for girls. We 🏷️ offer the latest...

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Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information Stellar

Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information

Major cryptocurrencies have shown mixed trading so far, with Bitcoin reversing its losses by...

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BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!! Videos

BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!

BITCOIN CRASH (important upload)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!...

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Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance Binance

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance

The world's leading cryptocurrency exchange Binance seeks government funding despite being in the crosshairs...

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Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe Cardano

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe

In order to do justice to the fast growing market for Cardano ($ ADA),...

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Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report Ethereum

Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report

Ethereum's EIP-1559 upgrade burned $ 400 million in ETH instead of handing it over...

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Dogecoin

Why Bitcoin, Dogecoin, Ethereum – and in addition Coinbase – are on the transfer at this time – Motley Idiot

What happened Towards the end of the week, cryptocurrency prices in Friday morning trading...

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The transition between fiat and bitcoin Bitcoin

The transition between fiat and bitcoin

One world, two systems: Why Bitcoin and Fiat have to learn to live togetherTwo...

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