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Buy Stellar (XLM) in India at ₹19.316

Live XLM/INR Price

₹19.316

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0.49%

Price Changes

₹0.09

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0.49%

24h Low

₹19.146

24h High

₹19.664

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Reasons to Buy Stellar (XLM)

• It works on Stellar consensus protocol and Federated Byzantine Agreement (FBA) algorithm.

• It has very low costs when sending cross-border payments.

• XLM is the native cryptocurrency of the Stellar ecosystem.

• It has a market capitalization of more than $8 billion.

• It has a maximum supply of 50 billion XLM coins.

What is Stellar (XLM)?

Stellar came into existence in 2014, led by Jed McCaleb, and was able to secure $3 Million as an initial investment amount for the project.

It started with the aim of providing a decentralized payment transfer utilizing blockchain technology. With the present system of cryptocurrencies and payment gateways, charges are a major issue that is not addressed. Stellar provides a faster, cheaper, and more secure platform for the transfer of payments. It allows for easy cross-border payments with cross-currency transactions.

Things to consider before buying Stellar (XLM)

• Stellar allows people to do multi-currency transactions, which means people can send any crypto, and the receiver can receive any crypto.

• It has a pool of anchors that works as a bridge between the Stellar network and currencies.

• The transaction amount is fixed to 0.00001 XLM, which is less than Re1 (at the time of writing).

Highlight

Stellar provides a faster, cheaper, and secure platform for the transfer of payments. It allows for easy cross-border payments with cross-currency transactions

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Price Statistics

XLM Price Today

XLM Price

₹19.316

Price Change 24h

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0.49%

Price Change 7d

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1.23%

Market Rank

#17

Market Cap

₹62,078 Cr.

Trade Vol 24h

₹1,152 Cr

Circulating Supply

₹3,239 Cr. XLM

Trading Activity

72% Buy28% Sell

FAQ's

1. How Can I Buy Stellar In India?

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CoinSwitch App is the simplest way to buy Stellar in India. Sign up now and start investing with ₹100

2. Can I Buy Stellar Directly?

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You can buy Stellar through P2P (Peer to Peer) trade. Several Decentralized Exchanges or DEX allows to connect buyers and sellers to purchase cryptos, else you can look for someone who already owns XLM. However, these ways look very lucrative, but they aren’t.

Decentralized exchanges have complex functionality, and for taking the P2P route, you would need a trusted seller. The reason why these are opted only by Pro traders.

For an easy and simplified experience, you can Download the CoinSwitch App!

3. How to Buy Stellar Stock?

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You can buy Stellar in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Stellar.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Stellar for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’ 

 Congratulations, you just bought your first Stellar!

4. What Price To Buy Stellar (XLM)?

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There is no definite answer to this question as a majority of cryptos are still in the development stage. The prices can surely rise in the coming years, and you will regret not buying it at low prices.

Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in Stellar for as low as ₹100

5. What Time To Buy Stellar?

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There isn’t a good time to invest in assets because the value of assets increases over time. If you look for the opportunity to buy at lower prices, you may be missing the opportunity of gaining returns around this time. 

You can start with small amounts and use them over a period of time; however, you can always choose to invest a lump sum amount when Stellar (XLM) is available at lower prices.

6. What Platform To Buy Stellar (XLM)?

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There are dozens of platforms available on the Internet for buying Stellar (XLM), but what differs is the experience and interface that allows for easy investments in the long run, just as some E-commerce applications allow a seamless checkout, whereas others make it a cluttered experience.

The crypto apps that are available in the market are complex to use and can make your

buying experience is horrible; however, CoinSwitch provides complete peace of mind by allowing you to buy cryptos with ease.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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