Coming soon to the USA! While our services may not be available yet, sign up now to stay in the loop as we bring our innovative crypto solutions to America.

Buy Stellar


Past performance is not indicative of future results. All prices are sourced from CoinJar Indices.
XLM price calculator


CurrencyAsset type
2014Active since
Official site

What is Stellar?

What Is Stellar (XLM)? How to buy Stellar Lumens? [Stellar (XLM)]

( is a decentralized digital currency network that aims to revolutionize cross-border transactions and empower financial inclusion. So what is Stellar? And how can you buy Stellar Lumens (XLM) on CoinJar? Let’s find out.

What Is Stellar (XLM)?

Stellar emerged in 2014, founded by Jed McCaleb, one of the co-founders of Ripple. Unlike Ripple, which targets traditional banking systems, Stellar operates as an open-source, not-for-profit network. Its mission? To connect people worldwide, regardless of their access to traditional banking services.

At its core, it is a blockchain-based platform that facilitates fast and low-cost cross-border payments. It allows users to transact in various currencies, both fiat and digital. The native token, Lumens (XLM), plays a crucial role in powering transactions on the network.

Stellar conspiracy theories

There is a fascinating conspiracy theory going around that Lumens will be the one global currency. People who make this claim say that humans have been getting conditioned for this for quite some time. Read about this wild story here.

Why was it invented?

It was designed to address several key challenges:

High transaction costs

Traditional cross-border transactions are expensive due to intermediary banks and fees. It aims to reduce these costs significantly.

Financial inclusion

Millions of people lack access to banking services. Stellar aims to provide an inclusive platform for everyone, especially the unbanked. All they need to participate is a phone.

Speed and efficiency

The platform processes transactions rapidly (thousands per second) and uses less energy than traditional systems.

Interesting uses

Cross-border payments

Stellar enables seamless, low-cost international money transfers. Whether you’re sending money to family abroad or conducting business transactions, it simplifies the process.

Digital assets issuance

Companies can create tokens representing real-world assets (like stocks or real estate) on the network. These tokens can be traded globally.

Decentralized applications (DApps)

Developers can build DApps on the platform, using its fast and secure infrastructure.

How to buy Stellar Lumens on CoinJar

Download the CoinJar app: Get the CoinJar app on iOS or Android.

Create an account: Sign up and verify your ID.

Purchase Lumens: You can buy using cash, credit card, or other cryptocurrencies.

CoinJar supports Visa, Mastercard, and bank transfers.

Store securely: You can keep the XLM in your CoinJar account, or move it to a hardware wallet or digital wallet.

Holding Lumens is essential for using the Stellar platform. Lumens pay for transaction fees and provide liquidity.


Bank transfer, debit card or crypto?

Buy Stellar instantly with your bank account, Visa or Mastercard debit card. Get cash in your account with ACH. Convert crypto-to-crypto with a single click.

How to buy Stellar with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these simple steps.
Step oneDownload the appGet the CoinJar app on iOS or Android.
Step twoCreate an accountSign up and verify your ID – it only takes a couple of minutes.
Step threeMake a purchaseBuy Bitcoin and more than 60 other cryptos with your bank account, Visa or Mastercard debit card.
Get the CoinJar app
App store
App Store Rating - Apple
App store
App Store Rating - Google (UPDATED).svg
AppReviews logo
Trustpilot ratings 4 star
TrustScore 4.2 |Trustpilot

Featured In


CoinJar App

All-in-one crypto wallet
Buy, sell and send your crypto with the favourite cryptocurrency app in the US.

Check out these other popular cryptos

Open your CoinJar

Frequently asked questions

What is Stellar (XLM)?

Stellar (XLM) is a decentralized digital currency network designed to facilitate cross-border transactions and promote financial inclusion. It operates as an open-source platform, connecting people globally regardless of their access to traditional banking services.

How does Stellar work?

It uses blockchain technology to enable fast and low-cost transactions. It allows users to transact in various currencies, both fiat and digital.

XLM serves as the native token for transactions on the network.

Why was Stellar invented?

It aims to address challenges such as high transaction costs, lack of financial inclusion, and inefficiencies in traditional payment systems. It provides an alternative for cross-border transfers and promotes accessibility.

What are some uses of XLM?

It simplifies international money transfers, making them faster and more affordable. Companies can create tokens representing real-world assets on the network.

How can I buy XLM?

Step 1: Download the CoinJar app on iOS or Android.

Step 2: Create an account and verify your ID.

Step 3: Purchase XLM using cash, credit card, or other cryptocurrencies.

Step 4: Consider storing your Lumens in a hardware wallet or digital wallet.

What payment methods are accepted?

CoinJar supports various payment methods, including cash, credit cards, and bank transfers.

Can I use my bank account to buy XLM?

Yes, you can link your bank account to CoinJar and purchase XLM.

What role do financial institutions play in the network?

Financial institutions can integrate with Stellar to facilitate cross-border payments and offer services to their customers.

What is the market cap of XLM?

As of writing, the market capitalisation is over $4 billion.

Can I use my debit card to buy XLM?

Yes, CoinJar accepts debit cards for purchasing XLM.

Is XLM part of the global payments system?

Yes, it aims to be a key player in the global payments ecosystem.

Can I buy and sell XLM easily?

Absolutely! CoinJar provides a user-friendly platform for buying and selling XLM.

What Are fiat currencies?

Fiat currencies are government-issued forms of money, like AUD, USD, and GBP.

How do cryptocurrency exchanges impact XLM?

Cryptocurrency exchanges play a pivotal role in the adoption and liquidity of XLM. Exchanges list XLM against other cryptocurrencies and fiat currencies, allowing users to buy, sell, and trade Lumens.

By being listed on exchanges, XLM gains visibility among traders and investors. Exchange platforms determine XLM’s market price through supply and demand dynamics.

Exchanges provide an entry point for users to acquire XLM using various payment methods, including fiat currencies, credit cards, and bank transfers.

What are crypto assets?

Crypto assets are digital representations of value that can be transferred, stored, or traded electronically. They include cryptocurrencies like Bitcoin, utility tokens, security tokens, stablecoins, and even non-fungible tokens (NFTs).

XLM operates within this crypto asset ecosystem, providing a decentralized network for financial transactions and cross-border payments.

How does XLM fit into the financial system?

The financial system includes institutions like banks, insurance companies, and stock exchanges that facilitate the exchange of funds.

Stellar aims to connect the world’s financial systems by providing a protocol for payment providers and institutions. It enables swift and low-cost movement of financial resources across borders.

What is the price of Stellar (XLM)?

At the time of writing, the price of Stellar (XLM) is approximately $0.15 per XLM. However you can check the price at the top of this page 24/7 for a current price.

How does the Stellar Consensus Protocol (SCP) work?

The Stellar Consensus Protocol (SCP) validates transactions on the Stellar network. It’s an algorithm that allows decentralised nodes to reach consensus on the ledger’s state.

What does 50 Billion represent in Stellar?

There will only ever be 50 billion Lumens in existence.

What is the Stellar Development Foundation (SDF)?

The Stellar Development Foundation (SDF) is a nonprofit organisation aiming to create equitable access to the global financial system through blockchain technology.

CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

App storeApp store

Your information is handled in accordance with CoinJar’s Privacy Policy.

Copyright © 2023 CoinJar, Inc. All rights reserved. The products and features displayed on this website are representative of our Australian and UK services and certain features may not be offered to customers residing in the United States, depending on applicable state and federal regulations.

Google Pay is a trademark of Google LLC. Apple Pay and Apple Watch are trademarks of Apple Inc.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CoinJar logo
CoinJarGet the app.