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Stellar (XLM) exchanges rating in FO: buy, sell & swap

Stellar (XLM) key market data:

  • type: Cryptocurrency
  • consensus: Custom
  • Smart Contracts
  • market cap: $9,211,361,037
  • market rank: #23
  • supply total: 50,001,802,678
  • supply available: 24,131,617,986
  • not mineable
  • XLM/USD: $0.38 | XLM/DKK: 2.44

Stellar is a Cryptocurrency, the network powered by Custom (consensus mechanism based on original technology) algorithm. The original software was developed by team led by Jed McCaleb from US and first released August 5th, 2014. Nowadays the cryptocurrency is managed by the Stellar Development Foundation, an organization based in the US. Smart Contracts are supported by the Stellar blockchain. Stellar is aiming to serve the Financial Service industry, among the other use cases. The official Stellar website is https://www.stellar.org.

As of today, October 25th, 2021, out of totally available 50,001,802,678 XLM, 24,131,617,986 are in circulation. It's not possible to mine stellars. The total market capitalization of stellar is $9,211,361,037, the rank among other cryptocurrencies (based on the capitalization) is #23. The current rate of 1 XLM is $0.38 USD; converting to the national currency of Faroe Islands, the rate is 2.44 DKK for 1 XLM.

Stellar is a powerful platform for foreign exchange transactions operating in real-time; besides, it has a number of features like Smart Contracts, etc. Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential; it's the platform connecting banks and financial institutions, payment systems, and people. The platform allows the users to "Integrate to move money quickly, reliably, and at almost no cost". It was founded in early 2014 by Jed McCaleb (the original developer of the infamous MtGox exchange) and Joyce Kim (a former lawyer) as a branch of the Ripple system. At first, Stellar worked on the eponymous Protocol. Once its own open-source Protocol Stellar was launched in November 2015, the internal coin – Stellar Lumens (XLM) was introduced.

The Stellar Consensus Protocol (SCP) provides a way to reach consensus without relying on a closed system to accurately record financial transactions. It has interesting technical features, different from other consensus mechanisms and is built around four key principles: decentralized control, low latency, flexible trust, and asymptotic security. The project received a lot of media attention since the first release; in October 2017 the company announced the cooperation with IBM. Some successful blockchain startups conduced ICOs at the Stellar Platform; it has some advantages over Ethereum and other Smart Contract platforms. It's faster and significantly cheaper to issue tokens comparing with Ethereum.

Top Stellar exchanges

Stellar is currently supported by 67% of exchanges (14 of 21) currently having active orders at ExchangeRates.Pro: 4 Exchange Brokers, 7 Trading Platforms, 2 eWallets, and 1 P2P Marketplaces have offers, allowing you to buy and sell XLM. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Our choice: the best exchange for Stellar in Faroe Islands

There are some worthy and undoubtedly good, trusted exchanges among the ones with XLM support. One of them, Binance trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Stellar. The service is extraordinarily fine, very few of the rest 328 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making Binance an ideal trading platform for buying, selling and exchanging XLM in Faroe Islands:

Binance website: the home page in English

BINANCE is a Trading Platform; Binance Europe Services (dba Binance) had started the project back in April 2017. The company is incorporated in the Malta and headquartered in Ta’Xbiex. The official street address of Binance is Melita Court, Level 3, Triq Giuseppe Cali, Ta’Xbiex. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 47 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, BTG, BTT, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX.

The customers are welcome to buy and sell coins and tokens with 45 national aka fiat currencies: AED, AUD, AZN, BGN, BRL, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, SGD, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR. Totally 9 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, binance.com is offering some other services, that could be interesting for crypto-users, like Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace, NFT Marketplace. Impressive, right? The features that our users enjoy the most out of this wonderful platform:

  • It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
  • The website has being online and operational for years; it started up 4 years and 5 months ago
  • The platform allows deposits/withdrawals in 47 cryptocurrencies and 45 national ones. In total, you may choose from 9 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Mobile wallet, ATM Cards, Cash codes, Lending, Margin Trading, Futures Trading, Staking, MasterNodes, etc. (passive income opportunity), P2P Marketplace and NFT Marketplace
  • The commissions are very competitive: 0.1% — 4.0% determined by the method of sending/receiving the funds; and you won't break the bank, converting either lump sums or insignificant amounts
  • The limitations Binance sets for buy and sell operations are high indeed, one of the highest available on the market: $15.00 up to $15,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The feedback from the clientele is good, 100%, 18 out of 18 are very happy and pleased with their experience at Binance. As per the details we got from the real clients:
    • Customer care is exemplary, the best
    • The speed of the payments processing is lightning fast, instant
    • The KYC process is always super-fast

Binance currently provides 1 ways of purchase and sale Stellars in Faroe Islands with the national currencies and the most exciting news are that the payments in Danish Krones are possible:

  • Visa & Mastercard, a payment system of credit/debit cards type. This time, only for purchasing.

Buying and selling with fiat aside, there are 46 cryptocoins and tokens exchangeable with XLM: AAVE, ADA, BCHABC, BNB, BTC, BTG, BUSD, DAI, DASH, DOGE, DOT, EOS, ETC, ETH, FIL, ICP, ICX, KMD, KSM, LINK, LSK, LTC, MATIC, MIOTA, NEO, OMG, REP, SKL, SOL, SUSHI, THETA, TRX, TUSD, UNI, USDC, USDT, VET, WAVES, WBTC, XEM, XLM, XMR, XRP, XVG, ZEC, ZRX can be converted to Stellar and vice versa any time you please.

Time to make a conclusion. Our platform of choice to exchange Stellar is

Binance, an absolutely secure, highly trusted trading platform, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the binance.com exchange managed to get such rating and what does this mean:
Time in the business: 4 years 5 months
Feedback count: 18
Reviews: 17 positive, 0 negative, 1 neutral
Business model: licensed, fully compliant
Order Speed: instant
Support Quality: perfect
Verification Speed: fast (less than 5 mins)
UI Usability: unknown

Overall Binance score: 100 / 100

Top two XLM exchanges to buy/sell in Faroe Islands

Faroe Islands flag

Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap xlm with fiat (national) currencies. Here are the top two exchanges to buy and sell stellars in Faroe Islands:

  1. Binance a Trading Platform established April, 2017. Transparent and legally compliant business with all the required business licenses and permissions. Great news! Binance supports your local currency Danish Krone; feel free to use any of these 1 banks and payment systems to buy and sell Stellar domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    Nice! | 18 reviews, 100% positive check out XLM/DKK @ Binance!
  2. Changelly a Broker established December, 2013. Great news! Changelly supports your local currency Danish Krone; feel free to use any of these 1 banks and payment systems to buy and sell Stellar domestically:
    • Visa & Mastercard (credit/debit cards). Only for coin purchases.
    Nice! | 17 reviews, 100% positive check out XLM/DKK @ Changelly!

The rest of safe, fast, easy to use XLM exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving Faroe Islands and allowing domestic payments in Danish Krone among other countries and currencies, there are also very good international ones among the websites exchanging stellars. Hence if you need DKK|XLM exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Stellar using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top ten highest-ranked XLM exchanges from all around the world:

  1. CEX a Trading Platform started business July, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 5 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 11+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 27 testimonials, 100% gave maximal rank
  2. EXMO a Trading Platform started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 4 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 25+ coins and tokens. | 20 testimonials, 95% gave maximal rank
  3. Wirex an e-wallet started business November, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 19+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 18 testimonials, 94% gave maximal rank
  4. Kraken a Trading Platform started business July, 2011. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 2 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 31+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 3 testimonials, 100% gave maximal rank
  5. Kuna a Trading Platform started business January, 2016. There are 3 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 3+ coins and tokens. | 4 testimonials, 100% gave maximal rank
  6. MagratuS a Broker started business May, 2012. There are 2 payment systems to buy and sell Stellar with USD. | 3 testimonials, 100% gave maximal rank
  7. BitBay a Trading Platform started business March, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 1 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 22+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider.
  8. AlfaCashier a Broker started business May, 2012. There are 1 payment systems to buy and sell Stellar with USD. Apart from that, feel free to swap XLM to/from 23+ coins and tokens. | 2 testimonials, 100% gave maximal rank
  9. LocalBitcoins a P2P Marketplace started business June, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc.
  10. changeNOW a Broker started business September, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap XLM to/from 34+ coins and tokens.

By the way, exchanges that accept FO, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell stellar using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

  • find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro.
  • ...or just explore the great websites listed above to find out which one you prefer!

Where to buy XLM

Are you looking for the best place to buy stellars? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell XLM, based on your location and preferences.

Easiest, safest, fastest ways to buy xlm worldwide

We've compared a lot of offers to find the top ones; right now we have 17 ways for you to purchase stellar available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Danish Krone, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase XLM crypto:

  • Visa & Mastercard in USD Actually it's a multi-currency option, you are supposed to pay by the Credit/Debit Cards. This way to send fiat money will work worldwide. Faroe Islands, etc. are covered. Suggested in 4 offers
  • Skrill in USD you are supposed to pay by the e-wallet. This way to send fiat money will work worldwide. Faroe Islands, etc. are covered. Suggested in 2 offers
  • Paypal in USD from 232 countries. Actually it's a multi-currency option, you are supposed to pay by the e-wallet. A multi-country payment system. Suggested in 1 offers
  • SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Faroe Islands, etc. are covered. Suggested in 5 offers
  • Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. Faroe Islands, etc. are covered. Suggested in 2 offers
  • Epay in USD an international payment system. This way to send fiat money will work worldwide. Faroe Islands, etc. are covered. Suggested in 1 offers
  • Payeer in USD an international payment system. This way to send fiat money will work worldwide. Faroe Islands, etc. are covered. Suggested in 1 offers
  • Etana in USD from 217 countries: an international payment system. A multi-country payment system. Suggested in 1 offers

Where to sell XLM

Even the greatest XLM HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell stellars to Danish Krone and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Easiest, safest, fastest ways to sell XLM worldwide

Sometimes you may need to transfer the money to another country. If you are holding XLM, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 14 options to out-exchange the xlm to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • Visa & Mastercard in USD, can be also used with any of other currencies; to any country in the world including Faroe Islands, etc: the funds will be sent by the Credit/Debit Cards. You can transfer money wherever you need! Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send XLM! Suggested in 2 deals
  • Skrill in USD to any country in the world including Faroe Islands, etc: the funds will be sent by the e-wallet. You can transfer money wherever you need! Suggested in 2 deals
  • Paypal in USD, can be also used with any of other currencies; to 232 countries: the funds will be sent by the e-wallet. Caution: there are higher risks related to accepting such payments at P2P marketplaces! Buyer may be able to reverse the payment after you send XLM! Suggested in 1 deals
  • SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Faroe Islands, etc: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 5 deals
  • Advanced Cash in USD to any country in the world including Faroe Islands, etc: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
  • Etana in USD to 217 countries: a global payment method. Suggested in 1 deals
  • Epay in USD to any country in the world including Faroe Islands, etc: a global payment method. You can transfer money wherever you need! Suggested in 1 deals

Where to swap XLM

Did you know that it's possible to exchange XLM to 45 other cryptocurrencies? It's possible to convert Stellar to/from 92% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 277 swap possibilities with XLM and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap XLM with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

  • Bitcoin (BTC): that's a popular Cryptocurrency. There are 35 proposals (19 allow to convert from BTC to XLM and 16 that are converting in opposite direction.
  • Ether (ETH): that's a popular Cryptocurrency. There are 12 proposals (6 allow to convert from ETH to XLM and 6 that are converting in opposite direction.
  • Tether (USDT): that's a popular Stablecoin. There are 12 proposals (6 allow to convert from USDT to XLM and 6 that are converting in opposite direction.
  • Litecoin (LTC): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from LTC to XLM and 4 that are converting in opposite direction.
  • Cardano (ADA): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from ADA to XLM and 4 that are converting in opposite direction.
  • Binance Coin (BNB): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from BNB to XLM and 4 that are converting in opposite direction.
  • Dogecoin (DOGE): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from DOGE to XLM and 4 that are converting in opposite direction.
  • Ripple (XRP): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from XLM to XRP and 4 that are converting in opposite direction.
  • 0x (ZRX): that's a popular Token. There are 8 proposals (4 allow to convert from XLM to ZRX and 4 that are converting in opposite direction.
  • Uniswap (UNI): that's a popular Token. There are 8 proposals (4 allow to convert from UNI to XLM and 4 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Stellar:

IOTA (MIOTA)

  • rank: #54
  • type: Cryptocurrency

Filecoin (FIL)

  • rank: #29
  • type: Cryptocurrency