Since its inception, Stellar XLM has increased in value exponentially over the past few years. In its early days, XLM was somehow of an unknown entity to mainstream audiences – attracting just a small following. The cryptocurrency, however, has become one of the largest cryptocurrencies by market value. At the time of writing this post, XLM is ranked 6th in the market capitalization of Crypto Market.
One of the most convenient methods of buying Stellar XLM is through credit cards. Wondering how to buy XLM with a credit card? Well, you’ve come to the right place. In this post, we will show you how to buy Stellar XLM using a credit card, giving you step-by-step instructions on the whole process.
Buy Stellar Lumens Directly on CEX exchange
In order to buy Stellar Lumens on CEX with a credit card, you first need to go to their website and create an account. Once you’ve created your CEX account and verified your email address, you are ready to buy your Stellar Lumens.
- Create an account with CEX
- Choose XLM as the cryptocurrency you wish to buy.
- Select the number of XLM you want to buy and hit the “Buy’ button.
- You will be redirected to the verification screen.
- Enter your name and the card details for verification.
- Receive your Stellar coins in your CEX wallet.
- Move your XLM to your wallet.
- CEX is one of the few exchanges that allow you to buy XLM with a credit card
Buy XLM through Changelly
Changelly has been in the cryptocurrency space since 2013. The exchange boasts over 100 altcoins that customers can exchange. It is also one of the few platforms that allow you to buy Bitcoin using a credit card. A transaction via Changelly is not only easy but also quick. It takes about 10 to 30 minutes.
- Sign Up for a Changelly account
- Confirm your email address and log in to your account
- Once on the homepage, find the left-hand side of the screen and select USD. On the right side, select Bitcoin.
- Double-check the amount of BTC you want to buy as well as the applicable fees.
- Specify your Bitcoin address. Remember Bitcoin transactions are irreversible.
- Once you have confirmed your address, create a transaction.
- Click pay with a Visa Card or MasterCard.
- You will be redirected to a page where you are required to fill your credit card details.
- Enter a phone number linked to your credit card.
- You will receive a phone call. Enter the digital code that you hear from the caller.
- Wait for a little until your transaction is processed. It may take up to 30 minutes.
Note that there are small fees for buying Bitcoin or any other cryptocurrency within the $1 and $2 range.
Disclaimer: This article is for general informational purposes only and does not constitute an investment advice or an offer to invest.