To learn how to get Stellar Lumens (XLM), first select a good exchange such as BYDFi. The best way to buy XLM, go to one of the sites, become verified via KYC, and fund (in USD, EUR, or USDT, for example). After funding your account, look for the XLM trading pair (such as XLM/USDT or XLM/USD) and execute a market or limit order. Following purchase, it is highly advisable to get a crypto wallet for safekeeping. Leading wallets for XLM are hardware wallets such as Ledger and Trezor, and software wallets such as Lobstr, Solar Wallet, StellarTerm, and Trust Wallet. Always withdraw your XLM from the exchange and into your own wallet for full control and security.
Buy XLM on BYDFi in Simple 3 Steps:
Step 1: Sign up a Free BYDFi Account
Register using your phone/email number and native country, then create a safe password to lock your account in order to start your BYDFi experience.
Step 2 : Secure Your Account
Kindly verify your identity to ensure full compliance and enhance your BYDFi experience.
Enable Google Authenticator (2FA), set up an anti-phishing code, and a fund password to add an extra layer of security to your account.
Step 3 : Buy XLM
You can purchase XLM on BYDFi using various payment methods. We will guide you through the operation:
Option 1 : Buy XLM with Cryptocurrency on BYDFi Spot Trading
The BYDFi spot market supports over 600 digital assets and is the most popular platform for purchasing XLM. Here’s how to buy:
Open BYDFi Buy Crypto service.
Transfer your cryptocurrency to your BYDFi account.
Select the 'Spot Trading' under 'Trade' button. Search for the XLM trading pair on the BYDFi spot market. Place an order to exchange your existing cryptocurrency for XLM.
Once your order is successfully executed, you can view the available XLM in your account assets.
Option 2 : Buy XLM via Convert
BYDFi supports fast purchases of XLM through convert. If you hold USDT, you can quickly buy XLM at the market price using BYDFi's convert feature.