Stellar (XLM +2.99%) is a distributed payment infrastructure with open-source code, designed to streamline international remittances like cross-border payments. Known for its affordability, speed, and reliability, Stellar facilitates frictionless global transactions.
π Discover top exchanges to buy XLM
4-Step Guide to Buying Stellar (XLM)
- Compare Crypto Exchanges β Review platforms supporting XLM purchases.
- Create an Account β Sign up and verify your identity.
- Deposit Funds β Use debit/credit cards, wire transfers, or Bitcoin.
- Buy XLM β Purchase tokens with deposited funds.
Top Exchanges to Buy Stellar (XLM)
1. Uphold
- Pros: Intuitive interface, supports multiple funding methods.
- Cons: Bans German/Dutch residents.
- Best for: Beginners and U.S. traders.
2. Coinbase
- Pros: Trusted, supports 250+ cryptos.
- Cons: Higher fees for non-Pro users.
- Best for: Regulatory-compliant trading in 100+ countries.
3. Kraken
- Pros: High liquidity, advanced tools.
- Cons: Restricted in NY/Washington.
- Best for: Experienced traders.
4. Binance
- Pros: Low fees, high liquidity.
- Cons: Bans U.S./Canada residents.
- Best for: International users.
What Is Stellar (XLM)?
Stellar is an open-source blockchain network powered by its native token, Lumens (XLM), managed by the non-profit Stellar.org.
Key Features
- Facilitates cheap, fast cross-border transactions.
- Uses a Proof-of-Stake protocol for energy efficiency.
- Implements minimal fees to prevent spam.
FAQs
β Is Stellar (XLM) legal?
Yes. Stellar complies with regulations and partners with institutions like IBM.
β Who created Stellar?
Jed McCaleb (co-founder of Ripple) launched Stellar in 2015.
β Whatβs the future of Stellar?
Upgrades include enhanced stability, asset tokenization, and expanded global adoption.
Conclusion
Stellar (XLM) offers a scalable solution for global payments. To start:
- Choose an exchange (e.g., Coinbase).
- Fund your account.
- Buy XLM securely.
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