How to buy Stellar Lumens with GHS in Ghana

If you want to buy Stellar Lumens but don`t know how to start, you`ve come to the right place.

Here you will find our easy-to-follow step-by-step guide on how to buy Stellar Lumens in Ghana with GHS.

XLM / GHS exchange rate for today

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Table of Contents

The Benefits of Stellar Lumens

  • The Stellar protocol has great scalability and can process thousands of transactions per second.
  • Stellar aims to disrupt the traditional banking industry and offers truly distributed financial services to ordinary people.
  • IBM is already using Stellar Lumens technology for processing cross-border transactions. Stellar thus has a bright future thanks to IBM and its international partnerships.

Stellar Lumens price chart (XLM / GHS)

Step 1: Register with a cryptocurrency exchange

To participate in the world of crypto-trading, you first need to sign up with a cryptocurrency exchange. These platforms are where you can buy, sell, and hold cryptocurrency.

There are plenty of cryptocurrency scams out there, so be sure to buy and sell on a reputable exchange.

Binance is one of the best places to buy Stellar Lumens, especially if you live in the Ghana. Registration is quick and simple, and the XLM is very easy to buy with GHS.

Why is Binance the best?

  • Low transactions fees of 0.1% and below
  • 25% on trading fees paid with the BNB token
  • Binance is available all over the world
  • Supports a wide selection of over 500+ crypto assets
  • Over 50+ fiat currencies supported
  • Binance staking allows users to earn rewards on their crypto holdings
  • More trading options, including spot trading, margin trading, P2P, and futures trading
  • NFT marketplace to buy and sell NFTs
  • Different trading interfaces to accommodate every users’ trading experience
  • The Binance mobile app enables users to access their accounts and trade on the go
  • Binance Visa Card to spend your crypto hassle-free
  • The Binance Trust Wallet supports 53 blockchains and 1M+ assets.

Unfortunately, Binance is not available in the United States, and Americans can only trade on Binance.US, a Binance version that’s compatible with U.S. regulation.

How to Register on Binance

Firstly, click on the button below to register with Binance, it’s free and easy

Sign up on Binance

To get started, just enter your email address, create a password for your account and click [Create Account].

Your password should be a combination of numbers and letters. It should contain at least 8 characters, 1 upper case letter and 1 number for security.

For security verification, drag the puzzle piece to the right until it fits into its slot.

A 6-digit code will be sent to you via email. Enter it in the next screen.

Finally, you will reach the Welcome to Binance screen. This screen will outline some of the core features.

Step 2: Verify Your Account

Verification is a process used by exchanges to establish the identity of customers. It is necessary for any kind of financial transaction, especially those with higher levels of security or legitimacy. Any user who wants to trade crypto on exchanges must go through verification.

For new users, you may click [Get verified] on the homepage directly.

Click [Start Now] to verify your account.

Select your country (In your case Ghana) of residence. You will then see the list of verification requirements for your country. Click [Continue].

Enter your personal information and click [Continue].

Next, you will need to upload pictures of your ID documents. Most users can choose to verify with a passport, ID card, or driver’s license.

After uploading the document photos, the system will ask for a selfie. Click [Upload File] to upload an existing photo from your computer.

After that, the system will ask you to complete face verification. Click [Continue] to finish face verification on your computer.

After you complete the process, please wait for Binance to review your data promptly. Once your application has been verified, Binance will send you an email notification.

Cryptocurrencies and blockchain continue to be favored targets for criminal activity. The ability to make anonymous transactions can allow criminals to engage in financial transactions with more impunity. KYC protocols and identity verification is an essential element for policing the market and protecting crypto investors from theft.

Step 3: Fund Your Account and buy Stellar Lumens

To invest in Stellar Lumens, you’ll need to deposit some money into your account.

Log in to your account, head over to the “Buy Crypto” section on the Binance toolbar, and choose the “Credit/Debit Card” option.

Select Stellar Lumens and enter your order amount. The total price with fees will be calculated in the second bar.

After that, you will be prompted to enter your card details and after confirmation, you will finally buy your first Stellar Lumens. Usually, it will take between 10 and 30 minutes for the crypto to appear in your Binance account.

How to Save 40% on Fees When Buying Stellar Lumens

One way you can lower your trading fee is by keeping some Binance Coin in your account at all times so your fees can be taken from that. Doing this gets you 25% off all trading fees.

Also, don`t forget to use our unique registration link and get a 15% discount on fees on Binance.

In total, you get a 40% discount on all transaction fees!

Alternative ways to buy Stellar Lumens

If you were unable to buy Stellar Lumens on the exchange using GHS, you can buy it using another cryptocurrency, such as Bitcoin. You can always buy BTC for the first time using platforms such as LocalBitcoins, then transfer your BTC to a Binance to buy Stellar Lumens. In this case, you can further reduce costs.

Below are a few of the sellers in the Ghana who sell bitcoins with GHS.

SellerPayment method Information
Highstar0001MTNI received Mtn mobile money and Vodafone cash respectively Send money asap I will release asap Don’t click on paid , if you haven’t made a successful payment Leave good feedback as I will do same Click trust on my profile for more trade WhatsApp or call if I don’t respond in 2 minutes calls only :+233549316276 WhatsApp/Telegram: +233262244019
samaranysamWUFor Money transfer to Lebanon! We can meet in person at my office or by western union/wish money. We buy and sell bitcoin and stable coins. You can contact me on Whatsapp and Telegram for more details: +961 70178447 Www.buybitcoininlebanon.com

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Joseph Smith

CEO CoinStudy.io