How to Sell Stellar (XLM) in Australia
By Chris GrahamPublished 02:12 Aug 15, 2024
Last update 02:18 Aug 26, 2024
5 Min Read
When it comes to selling cryptocurrencies like Stellar (XLM) in Australia, it's important that you use a secure exchange platform. As one of Australia's most trusted cryptocurrency exchanges, Coinstash makes it safe and simple to buy, sell and trade XLM. Here’s a step-by-step guide on how to sell XLM through our platform.
How to Sell Stellar (XLM) in Five Steps
1
Create Your Free Coinstash Account
To get started with Coinstash simply sign up to create your account. It’s free and only takes a few minutes to complete!
2
Verify Your Identity
After creating your account, you will then need to verify your identity. This process is crucial to comply with Australian regulations and ensure a safe trading environment. Identity verification typically takes just a few minutes, and you will be notified once your identity is successfully verified.
3
Add Funds To Your Account
You can easily add funds to your account using one of our various deposit methods, including bank transfers and Pay ID. For immediate funding, we recommend using Pay ID services for instant deposits.
4
Enter the Amount You Want to Sell
On the Coinstash app or website, type "Stellar" into the search bar and select XLM. Then, using the number pad, input the amount of XLM you wish to purchase in AUD. Alternatively, you can use the arrow buttons to toggle and enter the equivalent amount of XLM you'd like to sell.
5
Complete Your Stellar Sell
When you’re ready to sell, tap the ‘Preview Sell’ button. This will show you the details of your purchase, including the trade fee. Once you’re happy everything looks good, swipe on the ’Sell Now’ button to complete your purchase. That’s it, it’s that simple!
Sell Stellar (XLM) with Coinstash
Sell Stellar (XLM) with Coinstash
About Stellar (XLM)
XLM Market Information
The current price of Stellar (XLM) is $0.537 AUD, representing an increase of 2.01% in the past 24 hours.
Market Rank
#17
Market Cap
$16.5B AUD
Volume (24h)
$325.9M AUD
Circulating Supply
30.6B XLM
Why Sell Stellar With Coinstash?
Coinstash is one of Australia's most trusted cryptocurrency exchanges, offering a safe and simple platform to invest in crypto.
User-Friendly
Coinstash's intuitive and user-friendly interface simplifies investing and trading, regardless of your experience level. Once you're registered, selling your first cryptocurrency is just a few taps away.
Low Fees
We offer some of the lowest trading rates in Australia on over 1,000+ assets, allowing you to get the most crypto for your investments.
Safe. Compliant. Trusted
We are proudly 100% Australian owned, operated, and AUSTRAC registered. Our industry-leading security practices provide the highest level of protection, with all assets fully backed 1:1.
Expert Customer Support
With our experienced locally-based customer support team available to address any questions or concerns, you'll never be left in the dark.
What Can You Do With Your XLM?
With Coinstash, you can do more with your XLM. From making your first trade to utilising our advanced trading tools, all the Coinstash features you need are backed by our robust security features and 24/7 support.
Frequently Asked Questions
How to sell Stellar on Coinstash?
If you’re new to Coinstash, sign up to create an account, complete the quick identity verification process, deposit Stellar, and follow the steps outlined above to sell Stellar. Coinstash provides a variety of options to sell cryptocurrencies like Stellar, designed to meet your trading needs:
- Instant Market Order: Instantly sell cryptocurrency at the current market price.
- Limit Order: Set a Stop Loss or Take Profit order to sell cryptocurrency at your target price.
- OTC Trading: For larger transactions (typically over $20,000 AUD), contact our OTC trading desk for a competitive quote and personalised service.
How long does it take to receive my cash after I sell Stellar?
With Coinstash, selling your Stellar for AUD is quick and easy. Once your order is confirmed, most market sell orders are processed almost instantly. The funds will typically appear in your Coinstash account within minutes.
How to sell large amounts of Stellar?
To sell large amounts of Stellar, our over-the-counter (OTC) trading desk offers the most efficient, convenient, and cost-effective solution. Designed for transactions typically over $20,000 AUD, our OTC desk provides competitive quotes and personalised service to ensure a smooth and seamless trading experience. Contact our OTC desk today to learn more!
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Contents
Sell Stellar (XLM) in Five Simple Steps
Sell Stellar (XLM) with Coinstash
About Stellar (XLM)
Why Sell XLM With Coinstash?
What Can You Do With Your XLM?
XLM FAQs
Browse More Crypto Selling Guides
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