Interested in purchasing Stellar (XLM) in Canada? We’ve handpicked the best exchanges, including Kucoin, where you can invest in Stellar securely and benefit from low trading fees.

Investing in Stellar and other cryptocurrencies has never been easier.

Simply sign up on the listed crypto exchanges, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets.

Here's a step-by-step guide on how to buy Stellar in Canada.

Where to buy Stellar in Canada

When choosing a crypto exchange to buy Stellar in Canada, prioritize platforms with low transaction fees to enhance investment returns, ensure the implementation of robust security protocols to safeguard your assets, and opt for user-friendly platforms with reliable customer support and positive user feedback.

Here are the best crypto exchanges where you can purchase Stellar (XLM) in Canada:





+ A well-known crypto exchange platform
+ Anonymous trading
+ Secure
+ Supports a variety of cryptocurrencies


+ Low trading and withdrawal fees
+ Beginner-friendly

+ Secure, many extra features

+ A wide selection of cryptocurrencies

How to Buy Stellar (XLM) in Canada in 5 Simple Steps

1. Create an account on a crypto exchange

Kucoin Sign Up

When buying Stellar in Canada, the first step is selecting a reputable Stellar exchange that operates within the legal framework of the country.

Some popular platforms that allow you to buy and sell Stellar in Canada include KuCoin and Bitmart.

In this tutorial, we will be using KuCoin to purchase Stellar (XLM).

2. Secure your account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

3. Verify your account (KYC)

After signing up for the exchange you will need to verify your identity and address, which is part of the Know Your Customer (KYC) process.

4. Add a payment method

Add a credit/debit card or bank account after verifying your KuCoin account.

5. Buy Stellar (XLM)

Use a variety of payment options to buy Stellar (XLM) on KuCoin.

After creating an account on your preferred exchange, follow these steps below to purchase Stellar:

Step 1: Make a deposit or buy Stellar (XLM) with a Credit or Debit Card

deposit on kucoin

There are several methods and payment services available for funding a cryptocurrency exchange account. Choose the option that best suits your needs:

Crypto Deposit: If you opt to fund your account through a crypto deposit, you will transfer digital assets from a crypto wallet to your exchange account. Ensure you use the correct address for each supported cryptocurrency on the exchange, as using the wrong address or sending unsupported crypto may lead to a loss of funds.

Bank Deposit (Wire Transfer): Alternatively, you can fund your account through a bank deposit (commonly known as a wire transfer) using supported fiat currencies like USD, EUR, and GBP. Before initiating a bank deposit, it’s essential to verify whether the exchange supports your preferred local currency.

Credit Card or Debit Card Purchase: Purchasing Stellar via credit card or debit card is not only the easiest but also arguably the most popular option.

Step 2: Go to the trading page and find the relevant crypto trading pair

spot trade on kucoin

After funding your account, navigate to the trading page to select the appropriate crypto trading pair. Whether you’re looking to trade crypto-to-crypto or crypto-to-fiat, choosing the right pair is crucial for a successful transaction.

Note: In this tutorial, the trading pair used is BTC/USDT, but in this particular case, make sure you choose the correct one (XLM/USDT, XLM/USD, etc.).

Depending on the exchange you’re using, there should be multiple trading pairs available (a trading pair refers to two different assets that can be traded against each other; e.g., XLM/USDT).

As a rule of thumb, most crypto exchanges support both crypto-to-crypto (e.g., XLM/USDT) and crypto-to-fiat (e.g., XLM/USD) trading pairs.

Choose the right trading pair – crypto or fiat – depending on the deposit method you’ve chosen.

Step 3: Make a buy order for XLM

Decide whether to choose Market or Limit order when buying Stellar.

Here’s a brief overview of each:

“Limit” order option: set the price at which you want to buy XLM.

“Market” order option: fills out your order at the best price automatically.

If you want to buy XLM when it reaches a certain price, use the Limit order.

Enter the price you desire and the amount of XLM you want to purchase, then click the “Buy” button.

limit order on kucoin

If you want to buy XLM at the latest price, click on the Market tab, then enter the amount of XLM you want to buy. The order should be done almost instantly and the coins will be added to your balance soon.

market order on kucoin

You are now a proud investor of Stellar (XLM)!

Step 4: Store your XLM

The best way to store XLM varies based on your needs and preferences.

While keeping it in your exchange account offers convenience for trading, using non-custodial Stellar wallets gives you full control over your private keys and, consequently, your assets.

Store XLM in your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own.

Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

How to safely store your Stellar (XLM)

ledger hardware wallet

The crypto community widely acknowledges the rule, “Not your keys, not your coins.”

If prioritizing security, consider transferring your XLM to a non-custodial wallet. Opting for a non-custodial or self-custodial wallet ensures you have full control over your private keys. This can include various types of wallets like hardware wallets, Web3 wallets, or paper wallets.

Keep in mind that this option may be less convenient if you frequently trade XLM or want to actively use your assets. Ensure the safekeeping of your private keys, as losing them could lead to the permanent loss of your XLM.

How to withdraw XLM

Exchanges offer straightforward methods for cashing out your XLM, allowing you to transfer your assets back into fiat currency or into another digital asset.

About Canada

Located in North America, Canada is neighbored by the United States to the south and flanked by the Atlantic Ocean in the east and the Pacific Ocean in the west. It stands as the world’s second-largest country in terms of land area and boasts the longest land border globally. With a population of approximately 36.99 million, Canada’s currency is the Canadian dollar (CAD), and it officially embraces both English and French languages, which are also supported on the KuCoin app and website.

The country’s climate is diverse, with certain regions experiencing severe winters where average daily temperatures can drop to -15°C. The northern parts of Canada are characterized by ice, permafrost, and are inhabited by the Inuit people, an indigenous group also found in Alaska and Greenland. Inuit Nunangat is a notable area where many Inuit communities reside, offering visitors a glimpse into their unique way of life, including homes traditionally made from seal skin.

KuCoin is available to Canadians in cities like Montreal, Calgary, and Vancouver, providing a comprehensive range of cryptocurrency services. Users can purchase Stellar (XLM) and access features such as crypto deposits, P2P transactions, spot, and futures trading. Recognized as one of Canada’s leading crypto exchanges, KuCoin delivers an array of trading products to meet various investment strategies.

Buying Stellar FAQs

Where to buy Stellar in Canada?

Nowadays, acquiring and securely storing Stellar (XLM) is a straightforward process with a CEX such as KuCoin. You can use your debit/credit card, conduct a bank transfer, or engage in peer-to-peer trading for Stellar investing. This can be conveniently done on your computer, tablet, iOS, or Android devices.

How to purchase Stellar with a Credit or Debit Card in Canada?

To buy Stellar (XLM) with a credit or debit card in Canada, you need to choose a card and an exchange that specifically facilitates Stellar online purchases and credit card transactions such as KuCoin.

How to buy Stellar with PayPal in Canada?

If you want to buy Stellar using PayPal, you can check if Stellar is available on your PayPal Crypto Hub or Finances section.

How to buy Stellar without KYC in Canada?

You can buy Stellar (XLM) without ID verification on a No-KYC crypto exchange such as MEXC.

Best exchanges to buy Stellar in Canada?

The best Stellar exchanges in Canada are KuCoin and Bitmart.

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