How to buy Stellar Lumens in Canada.

How to buy Stellar Lumens in Canada.

How to buy Stellar Lumens in Canada.

Newton makes it fast and easy to buy, sell and hold Stellar Lumens (XLM) in Canada.

Stellar Lumens (XLM) is a payment technology that powers the Stellar payment network. It aims to connect financial institutions and facilitate cross-border transfers. Instead of requiring mining, XLM uses the Federated Byzantine Agreement (FBA) algorithm to enable faster transaction processing since the transactions do not need to be approved by the mining network.

Cryptocurrency is an exciting, new space to get involved in. Find out how to get in on the action.

Where can I buy Stellar?

There are a few options to buy Stellar Lumens in Canada:

Direct Purchase

You can purchase it directly from another individual in person or over the web.

Crypto ATM

You can try to locate a crypto ATM near you that offers the cryptocurrency you're looking for.

Via an Exchange

Many find it easier to purchase Stellar through a trading platform like Newton.

Why Newton?

Newton offers a dead-simple way to buy and sell cryptocurrency in Canada at prices that other platforms simply cannot afford to compete with.

Where can I buy Stellar?

There are a few options to buy Stellar Lumens in Canada:

1

Sign-up in Canada for a Newton account.

Create an account and add funds or choose an amount of your currency to trade.
2

Trade fiat or crypto for stablecoin.

Trade your chosen currency into a stablecoin, then send it to an external wallet.
3

Send stablecoin to an external wallet.

4

Initiate purchase and you're done.

Go through the steps to purchase, and that's it.

Why use stablecoins when transferring to an exchange?

Because "stablecoins" are often pegged to FIAT currencies with stable values, they are useful tools for currency conversion. Coins such as USDC, USDT and QCAD won't swing wildly up or down in value between withdrawal and funding another account.

It's easy to get started.

Send Stellar quickly on your phone or computer.

1

Create an account.

Provide some basic details about yourself and get instantly verified.

2

Fund your account.

Link to your bank account to add or withdraw funds seamlessly.

3

Start buying.

You can start buying and selling crypto quickly and easily right away.

Why you’ll love trading Stellar on Newton.

Newton is Canada's first no-fee cryptocurrency trading platform with no fees, transparent prices and tight spreads. We offer high liquidity and institutional-grade third party custody for your digital assets.

Best prices in Canada.

On average our prices are 0.5–0.7% above spot at volumes of up to 3 BTC. This makes our overall price 3x lower than a leading competitor who charges approximately 2.25% in spread + fees.

World-class security.

Newton uses machine learning to detect and prevent account takeover attempts, a common form of cryptocurrency fraud.

Zero Fees.

Trading and funding your account is absolutely free. Transfer cryptocurrency to and from your account at no cost (we have zero network fees).

Unique & functional design.

We take a first principles approach to design, resulting in an easy-to-use experience that is unlike any other exchange.

Works on any device.

Get started on the your web browser, or download the Newton app for Android and iOS to take control of your crypto on-the-go.

Proudly Canadian.

We want cryptocurrency to be taken seriously, so we go above and beyond to make sure we're compliant with current and anticipated Canadian regulations.

Where do I keep my Stellar?

After you've purchased crypto, the next step is to find the best way to secure it.

Wallets are known to offer the best security for your cryptocurrencies. While you have the option of keeping your assets on Newton, Newton is primarily a no-fee cryptocurrency trading platform, and not a wallet service.

While we have institutional third-party custody via Balance to keep customers' digital assets safe, you may want to consider transferring a portion of your holdings into external wallets. It's always good to be cautious, even with the institutional-grade protection our partner Balance offers your digital assets!

What can you do with Stellar?

Explore a variety of uses, options and processes.

Pursue a short or long-term trading strategy

Send XLM overseas

Transact quickly with your bank, businesses, and people

Start buying Stellar in minutes.

Get started with as little as $50 CAD.