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Stellar
with Debit Card
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- Works with Debit Card and other payment methods
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- No fees on buying XLM and 30+ cryptocurrecies
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How to buy Stellar with Debit Card
Why investors buy Stellar with Debit Card
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Is XLM a good investment?
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Who can buy Stellar with Debit Card
Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.
What is XLM ?
The cryptocurrency that is used on this network is called Lumen, which is shown by the XLM abbreviation. Therefore, Stellar, Lumen, and XLM are the same but they may be used interchangeably. As mentioned, Stellar is a decentralized network and doesn’t work on a blockchain like Bitcoin. Hence, XLM (Lumen) is not minable like blockchain crypto. There are 100 billion XLM coins premade on the Stellar network that will be released gradually to the market. Therefore, people can buy and sell this crypto faster than other coins.
How to buy XLM with Debit Card instantly?
The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.
Where can I buy XLM online with a Debit Card?
In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away.
Is XLM Reliable?
First, you need to know that like any other cryptocurrency, the future of XLM is not 100% predictable. However, you can decide on the reliability of this coin according to its performance in the past and at the moment. Furthermore, reading the experts and analysts reviews about XLM can make it easier for you to decide on buying XLM or not. Meanwhile, if you believe that cryptocurrency technology has a great future, you should know that XLM will definitely be there too.
You should also know that by choosing a safe and reliable wallet to keep XLM coins, you can guarantee the safety of your coins. Learn more about the XLM wallets and find the one that is suitable for you.
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FAQ
Frequently asked questions
If you want to keep XLM as an investment, you need to know that XLM can be a good long-term investment. It is not recommended to think about a short-term profit while buying this coin.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
Although it seems that XLM and XRP are using a similar network, there are some differences between them that make them completely separate from each other. XRP is mainly used by people who do business with banks. XLM is for people who do business with other people. Therefore, if you want to use this coin, you need to know which type of transactions you have: with people, or with banks? If you want to invest in the coin, some experts believe that XRP is doing better than XLM.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.
You can’t directly convert XLM to cash, you should first exchange it to USD or EUR in your wallet then if the wallet supports your bank account, send the money to your bank and withdraw it there in cash.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.