What is Stellar Lumens (XLM)? | Stellar Lumens Explained in Under 60 Seconds

Save
3 years ago
205
stellar lumens xlm xlm price prediction stellar stellar xlm what is stellar lumens stellar explained stellar lumens xlm stellar lumens explained stellar lumens crypto stellar coin

Stellar (XLM) is an open-source, decentralized network that allows users to create, send and trade digital forms of any currency, including dollars, bitcoin, pesos, etc.

Stellar Lumens (XLM) - The Stellar network is powered by it’s native token Lumens (XLM). Used as a bridge to reduce fees when trading assets across borders.

Search All Crypto Tokens (Name or Symbol) â–¶ CryptoDefiRevolution.com
Shop Crypto Gear â–¶ CDRCryptoShop.com

----
Build Financial Tools - The Stellar network makes it easy for developers to build financial tools & offer services such as Global Payment Apps, Asset Exchanges, and Micropayment Services.

Digitize Value - Users can create & issue a tradable representation of any asset in the form of tokens. Value is digitized, allowing claims to be issued & redeemed.

Anchors - The Stellar network is connected to traditional banking rails using ‘Anchors’, which provide fiat on/off ramps for a country’s banking system.

Low Transaction Costs - With transaction costs of only .00001 XLM, Steller is much cheaper than typical blockchains, allowing users to easily move money and access new markets.

WEBSITE: https://www.stellar.org/

Loading comments...