What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Buy Stellar Lumens (XLM)

XLM

24H Change

24H Volume

Global Rank

#37

Market Cap

Buy XLM in minutes

1 XLM = $0

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Stellar Lumens Price

About Stellar Lumens (XLM)

Lumen (XLM) is the native cryptocurrency for the Stellar network– an open-source blockchain payment system. Stellar's native cryptocurrency, XLM, powers the Stellar platform, which is known as a cross-border payment provider. The purpose of Stellar is to connect financial institutions through the blockchain and provide cheap transactions in developing markets. Stellar founded the Stellar Development Foundation in 2014 which is a not-for-profit organisation that supports the growth and developments of the Stellar Network. According to Stellar, the Stellar Development Network aims to “unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.”

An account must also hold a small stake of Lumen (acts as a bridge currency between tokens on the Stellar network for transferring funds abroad) for every other Stellar token it holds. You have to stake XLM in order to utilise the Stellar platform, as is the case with other Proof-of-Stake platforms. Former Longtime Mozilla CEO Danelle Dixon is currently the CEO and the Executive Director of Stella Lumens (XML). You can buy XLM coin on the Swyftx Australian Cryptocurrency Exchange.

Resources

www.stellar.org

@stellarorg

https://reddit.com/r/stella

How to Buy Stellar Lumens (XLM) in Australia

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Stellar Lumens FAQs

Stellar Lumens FAQs
Swyftx FAQs

How to buy Stellar Lumen in Australia?

The simplest and safest way to buy Stellar Lumen in Australia is to purchase it on a registered cryptocurrency exchange like Swyftx. The Swyftx trading platform provides users with an easy to use trading platform with a number of handy features to improve their trading experience. To buy XLM or other digital assets, first create your account by providing a few simple details such as your name, email address and phone number. Following that, you’ll need to submit a piece of government-issued photo identification to verify your account. This step is usually completed in a few minutes, so there’s no need to wait days or weeks. Once your account has been verified, the next step is to deposit funds into your account. Swyftx supports deposits made by one of the following payments methods: bank transfer, PayID, POLi or debit card. Once your transfer has been received, you’ll get an email confirmation, and then you can buy Stellar Lumen and other cryptocurrencies.

Where is the best place to buy Stellar Lumens?

The best place to buy Stellar Lumens is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Stellar Lumens and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Stellar Lumens determined?

The price of Stellar Lumens is determined by the forces of supply and demand in the market. Similar to other assets, the price of Stellar Lumens is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Stellar Lumens are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Stellar Lumens with credit card?

Swyftx does not allow you to directly buy Stellar Lumens with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Stellar Lumens instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

XLM Buys and Sells

By number of orders

47%
Buys

53%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.