Skip to content


How to invest in Stellar Lumens with Bitcoin IRA

Investing in Stellar Lumens with a Bitcoin IRA has many advantages, including tax-saving benefits, 24/7 trading, and diversification.
Stellar Lumens

The stellar lumens logo features a rocket ship on a transparent coin against a purple background

What is Stellar Lumens?

Stellar Lumens supports financial transactions across the globe. The purpose of the Stellar project is to make transactions from one currency to another less expensive, especially for exchanges involving currencies with low liquidity.

For example, if someone wanted to send money from the U.S. to a country with a currency with a lower liquidity, they might use a service like Western Union and end up paying a surcharge to get the funds to the final destination. Stellar Lumens uses a federated byzantine agreement model to link up institutions and the decision-making process to send money across borders through credit, reducing the fees traditionally involved in completing the transaction. The project aims to bring affordable financial services to under and unbanked populations of the world.

Lumens are the tokens used to protect the Stellar ledger from abuse. While the fees to transact over the network may be low, the cost is high enough to deter bad actors from realizing gains by spamming the system. In addition, large-scale projects like the IBM Blockchain World Wire and Mobius have joined the Stellar network. Stellar Lumens are not mined, a set amount has been released, and the Lumens supply is monitored and adjusted on a democratic basis.

Key Concepts of Stellar Lumens

  • Borderless – Because Stellar uses combinations of nodes from around the world and prints money in the form of lumen credit to move currency from one place to another, people can transact with each other regardless of location.
  • Fast – Stellar has been shown to support up to 1,000 transactions per second with one billion accounts and commonly achieves settlement within 2-5 seconds.
  • Lowers Costs – Stellar makes cross-currency transactions cheaper for the end-user and the institutions facilitating them. It allows for micro payments by reducing overall costs for transactions and remittance, traditionally accumulated by the interbank clearing and recording processes.
  • Compliance – Stellar has teamed up with Elliptic to provide businesses and institutions with anti-money laundering (AML) compliance software and investigative and forensic services to help ensure the safety and validity of transactions.

Stellar Lumens vs. Ripple

Stellar Lumens and Ripple share a common background. Ripple also operates as a payment network but solely focuses on doing business with large institutions in well-banked regions for profit. Stellar Lumens focuses its efforts on the unbanked by reducing the cost of banking.

Take control of your retirement today.

Trust America’s #1 Bitcoin IRA and invest in your future with revolutionary digital assets. Open an account and self-trade 24/7.

Take control of your retirement today.

How to Buy Stellar Lumens (XLM)

Bitcoin IRA provides easy access to this digital asset, allowing you to add Stellar Lumens to your retirement portfolio. To use Bitcoin IRA to buy, sell, and swap XLM simply create an account, fund it, and trade.

Stellar Lumens Crypto IRA and Taxes

Bitcoin IRA offers self-directed IRA accounts in which you can trade many cryptocurrencies, including Stellar Lumens. You can open a Roth or traditional self-directed IRA. With a Roth IRA, you contribute after-tax dollars into the IRA account, but you generally don’t have to pay taxes when taking the money out of the account after you have reached retirement age.1 With a traditional IRA, you may contribute pre-tax dollars into the account, but you pay taxes after you retire when you withdraw the money.

Besides those differences, you will not pay capital gains taxes by purchasing Stellar Lumens in your IRA account. However, as with any IRA account, if you choose to withdraw before retirement age, you could face paying a penalty and any taxes you owe.

Why Should I Invest in XLM with Bitcoin IRA?

Trading in cryptocurrencies with Bitcoin IRA is a popular way to diversify your retirement portfolio into the world of blockchain, crypto, and web3. Some traders invest in Stellar Lumens because the currency serves as a derivative of currency transactions in fiat. This means it is directly connected to the ability of people to move money throughout the world while using blockchain infrastructure to support transactions. It is a philanthropic project you can feel good about investing in, and companies like IBM participate.

Bitcoin IRA simplifies the buying and selling process with its intuitive platform and easy account creation. They also offer more than 60 different cryptocurrencies to choose from, allowing you to diversify your holdings as you add money to the account.

In addition, Bitcoin IRA provides investors with helpful education about each coin and is always looking for new assets to add to their coin selection.

How to Create a Bitcoin IRA with XLM

To create your own crypto retirement account with XLM, visit Bitcoin IRA or download the app from the App Store or Google Play. Click Open Account from the website or Create an Account from the app and fill out the information requested. From there, you will be asked if you want to transfer or roll over an existing retirement account or fund the account from scratch. Once the account is funded, you can start trading XLM.

1Some taxes may apply. We recommend you consult your tax, legal, and investment advisor.

Alternative IRA Services, LLC dba Bitcoin IRA is a platform that connects consumers to qualified custodians, digital wallets, and cryptocurrency exchanges. The company is not a custodian, is not a digital wallet and is not an exchange. Self-directed purchases processed through Bitcoin IRA have not been endorsed by the IRS or any government or regulatory agency. Bitcoin IRA is not an adviser. Information contained on this website is for educational purposes only. We encourage you to consult an adviser or professional to determine whether Bitcoin IRA makes sense for you. Cryptocurrencies are very speculative and involve a high degree of risk. By using the website, you understand the information being presented is provided for informational purposes only and agree to comply with our Terms of Use and Privacy Policy.