Interested in purchasing Stellar (XLM) in Turkey? We’ve handpicked the best exchanges, including Bybit, 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.
- Where to buy Stellar in Turkey
- How to purchase Stellar in Turkey
- How to safely store Stellar
- How to withdraw Stellar
Here's a step-by-step guide on how to buy Stellar in Turkey.
Where to buy Stellar in Turkey
When choosing a crypto exchange to buy Stellar in Turkey, 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 Turkey:
Exchange | Features | Rating | |
Binance  | + A very well-known crypto exchange platform + Supports fiat-crypto acquisitions + P2P trading option | ||
Bybit  | + Very low trading fees + Helpful customer support |
How to Buy Stellar (XLM) in Turkey in 5 Simple Steps
1. Create an account on a crypto exchange
When buying Stellar in Turkey, 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 Turkey include Bybit, Binance, KuCoin, OKX and Gate.io.
In this tutorial, we will be using Bybit 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 Bybit account.
5. Buy Stellar (XLM)
Use a variety of payment options to buy Stellar (XLM) on Bybit.
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
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
After funding your Bybit 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.
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.
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 Bybit Account
Holding your crypto in your Bybit account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. Bybit 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)
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.
What is Stellar (XLM)?
Stellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network officially launched in 2015 with the purpose of connecting the world's financial systems and ensuring a protocol for payment providers and financial institutions. The platform is designed to move financial resources swiftly and reliably at minimal cost. Stellar links people, banks, payment processors and allows users to create, send and trade multiple types of crypto.
The basis of the network is its native digital currency – XLM or Lumens. XLM acts as an intermediate currency for operations and is also used to pay transaction fees. How it works: the protocol converts money in a few seconds, first into XLM, and then into the requested currency.
The Stellar payment protocol is based on distributed ledger technology — an open-source development, community-owned and distributed by community. The crypto asset of the Stellar platform helps with cross-border transactions, overcoming the problems of high fees and slow procedures. XLM is more focused on assisting individuals transfer money than they are with institutions. Thus, Stellar offers access to financial systems, and people can send money at low cost and promptly around the world.
Moreover, Stellar serves as a decentralized exchange and marketplace, with a built-in order book that tracks ownership of Stellar assets. Platform users can manage buy/sell orders, as well as select and set their preferred assets in settlements. XLM is a built-in coin that helps reduce transaction fees.
The network maintains a high level of security. XLM holders must have at least one token in order to remain active on the network. This nuance performs a global goal – the execution of network transactions efficiently and with minimal time costs. Plus, Lumens offers protection against flood attacks by making microtransactions too expensive for hackers with no chance of profit, which keeps Stellar Network safe from serious threats.
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 TurkeyTurkey, officially known as the Republic of Turkey, is home to a population of 86,080,830 people. Geographically, it straddles the Anatolian Peninsula in Western Asia, with a small portion extending into the Balkan Peninsula in Southeast Europe. While Ankara holds the title of Turkey's capital, Istanbul stands as its largest and most vibrant city.
Turkey is a captivating blend of Eastern and Western cultures, serving as a bridge between Asia and Europe. The country boasts an array of must-visit attractions, including the iconic Hagia Sophia Mosque, the enchanting landscapes of Cappadocia, and the historic Topkapı Palace. Whether you find yourself in Ankara, Istanbul, İzmir, Bursa, or any other Turkish city, Bybit is prepared to fulfill all your cryptocurrency needs, whether it's P2P, spot, or futures trading.
The Turkish lira (TRY) serves as the official currency of Turkey, and purchasing Stellar and other cryptocurrencies on Bybit with TRY is a matter of minutes. Bybit provides various secure payment options, including Crypto Deposit, P2P Trading, and Third-Party Payments via credit cards, Apple Pay, or Google Pay. Turkish is the nation's official language, and both the Bybit website and app offer full support in Turkish.
Turkey is a unique Eurasian nation, straddling the Anatolian Peninsula in Western Asia and extending into the Balkan Peninsula in Southeast Europe. Wherever you may be in Turkey, Bybit is your premier destination for trading cryptocurrencies and crypto futures.
Buying Stellar FAQs
Where to buy Stellar in Turkey?
Nowadays, acquiring and securely storing Stellar (XLM) is a straightforward process with a CEX such as Bybit. 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 Turkey?
To buy Stellar (XLM) with a credit or debit card in Turkey, you need to choose a card and an exchange that specifically facilitates Stellar online purchases and credit card transactions such as Bybit.
How to buy Stellar with PayPal in Turkey?
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 Turkey?
You can buy Stellar (XLM) without ID verification on a No-KYC crypto exchange such as MEXC.
Best exchanges to buy Stellar in Turkey?
The best Stellar exchanges in Turkey are Bybit, Binance, KuCoin, OKX and Gate.io.
