Buy Stellar | How to Buy XLM

What is Stellar?

Stellar is a blockchain network specifically designed to improve the way payments are made. Its mission is to transform the world of finance, and give even the smallest company the power and reach of an international bank. Stellar’s native coin is the Lumen (XLM), which is the world’s 25th largest crypto by market cap.

One seamless network

Stellar has been engineered so all the world’s financial systems can work together on a single network. Through Stellar, digital representations of any currency can be created, sent, and traded. So from dollars, to Euros, to Bitcoin, virtually any form of value can be transacted on the Stellar network.

Low-cost transactions

Transactions on the Stellar network cost just 0.00001 XLM and take between three and five seconds to complete. This makes XLM an ideal coin for making micropayments. It also gives Stellar huge potential in emerging markets, where few people have bank accounts, but almost everyone has a smartphone.

Why should you buy Stellar?

Improving systems

Stellar is a leading example of how blockchain technology can be used to make major improvements to legacy systems. For example, it’s already on track to transform the way global financial transactions are made.

Impressive backing

Large enterprises such as IBM and a range of DeFi startups are already using Stellar’s super-fast, low cost blockchain to make innovative changes to their own financial systems.

Open source

Stellar is an open source protocol offering a range of APIs and SDKs. This makes it easy for developers to build their own applications on the network – which in turn drives demand for Stellar’s native cryptocurrency.

Numerous applications

Applications for Stellar’s technology include global payment apps, micropayments, and asset exchanges that use Stellar’s built-in decentralised exchange for crypto, forex, and securities. And that’s just the beginning.

Safety and security with Wealth99

Cold storage

98% of assets on Wealth99 are kept offline in ‘cold storage’ – safe from hackers and cyber-security threats.

Insurance

Our assets are insured with Bitgo, one of the world’s largest institutional custody providers.

2FA

Your account is kept secure with compulsory Two-Factor Authentication (2FA) plus email notifications whenever your account is logged into.

Extra measures

We also hash all passwords, use AES-256 encryption for wallets, secure all private keys with Bitgo, and help prevent CSRF attacks by using SQL injections to verify requests.