How to Buy Stellar

Buying stellar in United States

Buying stellar in United States The United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire "BitLicenses" in order to operate virtual currency businesses, and even issued a "greenlist" of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Stellar (XLM) Key Data

Price $

0.28665

24hr %

-2.36%

Mkt Cap $

7,046.68b

24hr High

0.29430

24hr Low

0.28060

Formerly known as Stellar Lumens, XLM aimed to be the open-source equivalent to XRP. Stellar has partnered with IBM to propose cross-border money transfer solutions. XLM also facilitates decentralized trading and fast, low-cost transactions.

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy stellar at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a Kraken Account

Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros

It can be used to trade against fiat options
Robust security measures
Free SEPA deposits in Europe

Cons

Not a very beginner-friendly interface.
No card deposit options

Brand

Coins

Security

Usability

App

Service

Open a Uphold Account

Uphold Disclaimer: Asset availability on the Uphold platform is subject to region. All investments and trading are risky, and may result in the loss of capital. Cryptoassets are largely unregulated and are not subject to protection

Uphold

Based in Charleston, South Carolina. Serves over 184 countries and has done over $4 billion in transactions. Offers convenient options to swap between crypto, fiat, equities, and precious metals.