Investing in deflationary cryptocurrencies like Lumens means that, as time progresses, the buying power of XLM keeps increasing.

When the economy is suffering, you can convert your Stellar Lumens to traditional money and put it to use. You need to know how to convert XLM to traditional cash to do that. The various ways to do it are discussed below.

Use Cryptocurrency Exchanges

Use Cryptocurrency Exchanges

Crypto exchanges are the most popular platforms to exchange Lumens for traditional money. Crypto exchanges list trading pairs like XLM/Dollars or BTC/XLM. These pairs indicate the currencies that you can exchange XLM for. So, visit various exchanges and choose the one which lists your preferred fiat currency.

There are two types of exchange platforms – centralized and decentralized.

Centralized exchange platforms have a third party institution overlooking the entire transaction process. If you wish to use one of these, you must create an account and verify it. For the verification process, you will be asked specific questions.

Some popular centralized cryptocurrency exchanges that offer Stellar Lumens include CoinBase, Gemini, and Binance.

Decentralized exchange platforms allow you to conduct your transactions. There is no third party involved, and peer-to-peer transactions take place.

To use these exchanges, you don’t need to verify your account. You merely need a crypto wallet. Stellar offers its decentralized exchange platform.

Sell XLM to Another Person

Sell XLM to Another Person

This is another popular method that allows you to exchange your digital currencies for fiat currency. So, for example, you can sell your XLM to another person and get traditional money. 

As you would be well aware, trading apps allow you to trade cryptocurrencies. You can choose a platform of your liking and trade your XLM for traditional currency.

Use Stellar Lumen ATMs

Use Stellar Lumen ATMs

This is one of the latest ways of exchanging Stellar Lumens for traditional money. Stellar Lumen ATMs are cryptocurrency ATMs that allow you to buy and sell XLM.

They function like regular ATM kiosks but support crypto transactions. If you want to get cash, you will have to sell your XLM tokens. Follow these steps to do that:

  • When the message is displayed on the kiosk, enter your mobile number.
  • You will be sent a verification code. Enter it to start the process.
  • There will be a “Sell XLM” option on the screen. Click on that menu.
  • Send your XLM to your buyer in their crypto wallet.
  • The machine will dispense cash worth your XLM tokens.

The process is very similar to withdrawing money from a regular ATM, so most people find it easy. Moreover, the number of Stellar Lumens ATMs are rising. This makes it a feasible option for exchanging XLM.


What is fiat currency?

It is the traditional money issued by the government. It is the legal tender governed by a central authority. 

How can I exchange my Stellar Lumens for traditional money?

There are numerous ways to change your Stellar Lumens to traditional money. This includes using crypto exchanges, Stellar Lumens ATMs and selling XLM to another person.

What are Stellar Lumens ATMs?

Stellar Lumens ATMs are kiosks that allow you to buy and sell XLM. You can use a debit or a credit card to purchase Lumens and receive cash when you sell XLM. 

Can I sell my XLM tokens to someone else?

Yes, you can sell your XLM tokens to others. You can use a broker for the transaction or contact the buyer directly. 

What does it mean that Stellar Lumens is a decentralized protocol? 

A decentralized protocol means there is no central authority monitoring the production and distribution of Stellar Lumens. Instead, the whole process is managed by public miners, who update the blockchain ledger. 

Also a question? Ask it here: