What is Stellar Lumens (XLM)?
Stellar Lumens is a cross-border, open-source cryptocurrency. XLM is the token that drives the Stellar network. For any other Stella token it owns, an account must also hold a small stake of Lumen (acting as a bridge currency between tokens on the Stellar network for moving funds abroad). Stellar has partnerships with IBM and has gone on to be one of the most popular cryptocurrencies of all time in terms of market capitalization.
To buy Stellar Lumens in New Zealand, create a free Swyftx trading account. With NZD deposits and withdrawals, trading Stellar Lumens has never been easier.
How to buy XLM in NZ
It is generally considered that the easiest way to buy XLM in New Zealand, is to sign up to a registered cryptocurrency exchange like Swyftx. To get started, you must provide a few personal details to create your free trading account. This will include providing your name, email address and phone number, as well as creating a secure password. Then, you’ll need to verify your account by providing a form of government-issued photo ID. Once your account has been verified, you can deposit funds into your account via bank transfer. When the funds have landed in your account, you can buy Stellar Lumens and other digital assets.
Why buy XLM with Swyftx Cryptocurrency Exchange
There may be a number of cryptocurrency exchanges where you can buy XLM in New Zealand. Every exchange differs in terms of trading fees, assets listed and platform features. Swyftx is a feature-rich designed to streamline the trading experience for both new and seasoned traders. We have our own demo mode which is perfect for crypto beginner’s looking to learn the market with zero financial risk. This demo mode allows you to trade $20,000 in artificial currency. When you’re ready to buy XLM for real with NZD, Swyftx has automatic, price triggered buy and sell orders. This means that as soon as XLM or any other digital asset hits a certain price, you will atomically buy or sell the asset without you having to lift a finger. additionally, Swyftx is known for its outstanding personalised customer support. If you have any questions or concerns, don’t hesitate to contact our online chat team, who aim to give customers an in-depth response in a speedy manner.
