Stellar

Live xlm/INR Price

80.83

Price Changes

0

24h Low

24h High

Live xlm/INR Price

80.83

Price Changes

0

24h Low

24h High

xlm

XLM Price Statistics

Stellar Price Today


Stellar Price

7.779


Price Change24h

0.83%


Price Change7d

2.88%


Market Rank

#25


Market Cap

18,460 Cr


Trade Volume24h

398 Cr


Circulating Supply

2,570 Cr. XLM


Trading Activity

53% Buy 47% Sell

Reasons to Buy Stellar

  • 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.

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 secure platform for the transfer of payments. It allows for easy cross-border payments with cross-currency transactions.

Things to consider before buying Stellar

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

FAQ's

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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