Stellar XLM is just one of the many crypto assets and payment modes currently available on many crypto exchanges. Because of its popularity, you may be wondering if XLM is a good investment for you. To make this decision and understand how to buy Stellar in Canada, we need to consider Stellar’s history and track record to date.

2. Stellar XLM is just one of the many crypto assets and
payment modes currently available on many crypto
exchanges. Because of its popularity, you may be
wondering if XLM is a good investment for you. To make
this decision and understand how to buy Stellar in
Canada, we need to consider Stellar’s history and track
record to date.

4. What is a Stellar?
Stellar is a decentralized network that allows users to
create, transfer and trade multiple types of
cryptocurrencies. It was created in 2014 and launched in
2015 with the mission of bringing the world`s financial
systems together under one network.
Like other decentralized platforms and exchanges that
use blockchain technology, Stellar is spread across
multiple servers. This means that the activity carried out
on Stellar is not monitored by a single source.

5. History of Stellar
Stellar began in 2014 when Jed McCaleb left Ripple, a
platform he co-founded, to create a new financial system.
McCaleb and former lawyer Joyce Kim launched Stellar as
a platform for the everyday user. Shortly thereafter,
Stripe CEO, along with McCaleb and Kim, created the
non-profit Stellar Development Foundation.
Stellar has experienced a lot of growth, such as when
Mercado Bitcoin announced its use of the platform. In
less than a year, Stellar has hosted nearly 3 million user
accounts.

6. What is a Stellar lumen?
The Stellar platform is open to any representation of
fiat and crypto assets, but offers its own digital
currency, Lumens, or XLM, which is the backbone of the
network.
What is Lumen?
Lumens are most commonly used to pay transaction
fees on Stellar. However, Lumens also serve as an
intermediary currency that allows Stellar users to make
fast transactions.

7. The built-in protocol automatically converts money sent
through Stellar into lumens, then into the desired coin.
At launch, the platform’s own currency was referred to
as a “star”. Stellar later changed its name to Lumens, but
the original name remains with many people, so you can
still hear the term Stellar. Also, while Stellar and Lumens
are used interchangeably, Stellar is the platform itself.
Lumens or XLM is a cryptographic asset used by the
platform.

8. How to buy Stellar in Canada?
Start Buying XLM in 3 easy steps with Netcoins
1. Create an Account: Provide some personal details and
get verified in minutes through our automated KYC
process.
2. Fund (No Fees): Fund your account with a
cryptocurrency deposit, Interac e-Transfer, online bill
payment or bank wire transfer.
3. Start Trading: Buy and sell as little as $10, or up to $10
million with no slippage due to our deep liquidity.

9. Cryptocurrency and its investment have made wonders for
individuals around the world. Check out Netcoins for
buying or selling Ethereum in Canada. You can also invest
or trade in other cryptocurrencies like Bitcoin. Ripple, etc.
SOURCE CREDIT:
https://vancouvercryptoexchange.wordpress.com/2022/
02/15/basics-of-stellar-how-to-buy-stellar-in-canada/