Buy Stellar Lumens
XLM
What is XLM?
XLM or Stellar Lumens is the cryptocurrency of the Stellar blockchain network. It can be used to represent any form of currency or value transacted on the network, as well as pay for transaction costs.
Launched with 100 billion lumens, the total supply was reduced by half in 2019, leaving approximately 20 billion lumens on the open market and 30 billion in a development fund.
XLM as a transaction technology is outstanding - allowing users to transfer almost any amount of value across the world in seconds, for a tiny fee.
Read an in-depth Briefing Note on XLM, here.
Want to buy XLM?
Open an account on Uphold now.
The Stellar Lumens price (XLM price)
The price of Stellar Lumens (XLM) can change rapidly, as the crypto is traded 24/7/365 all over the world.
Just like any traded asset, the price changes based on supply (how many XLM are available for sale) and demand (how many XLM people want to buy).
How to buy XLM
With Uphold, you can set up an account, verify your identity and buy crypto with ease.
Here is how:
1. Go to Uphold.com and click ‘Sign up’
2. Enter your email address, phone number and your personal details
3. Tell us how you plan to use Uphold and provide some basic financial information (e.g., employment status and source of funds)
4. Verify your identity by providing an ID document and taking a ‘selfie’
… and you’re off to the races!
Just start trading.
You should be aware that the risk of loss in trading or holding cryptoassets can be very high. As with any asset, the value of cryptoassets can go up or down and there can be a substantial risk that you lose all your money buying, selling, holding or investing in cryptoassets. Our cryptoasset services are not within the scope of the UK Financial Ombudsman Service and your cryptoassets are not subject to protection under the UK Financial Services Compensation Scheme. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial condition.
Uphold Europe Limited (FRN: 900577) is registered under the Financial Conduct Authority’s Temporary Registration Regime for cryptoasset firms and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer) Regulations 2017 as amended. The purchase, sale and custody of cryptoassets is regulated by the FCA for anti-money laundering purposes but this does not indicate any approval by the FCA of Uphold’s cryptoasset activities. Uphold Europe Limited is also an EMD agent of Optimus Cards UK Limited which is authorised and regulated by the Financial Conduct Authority to issue e-money (FRN: 902034) pursuant to the Electronic Money Regulations 2011.
The e-money services are regulated by the Financial Conduct Authority. E-money is not a deposit or investment account which means that your e-money will not be protected by the Financial Services Compensation Scheme. User funds will be held in a designated safekeeping account with a regulated financial institution. E-money will not earn any interest. Additional Risk Warning in Uphold’s Terms & Conditions.
This content is correct as of September 2021
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