Stellar Lumens XLM is a very popular altcoin designed to move money across borders quickly, reliably, and for fractions of a penny. Stellar Lumens has an extremely strong team, an enormous community and is noted as one of the stronger crypto tokens.
We recommend using the crypto currency exchange Binance.com for purchasing Stellar XLM
Stellar Lumens XLM is an altcoin that gets a lot of buzz today, and it may be an impressive option if you’re looking to diversify.
Stellar Lumens XLM bills itself as the future for banking. It’s a popular option that’s often seen on top 10 lists, and most people who are interested in digital currency have at least given some passing thought to Stellar Lumens XLM.
With an ultimate goal of very fast and secure transactions — all for a low fee — Stellar Lumens XLM is likely something that you’ll want to learn more about.
Here’s what you need to know about Stellar Lumens.
How is Stellar Different?
Stellar Lumens XLM could potentially solve one of the biggest pain points in the cryptocurrency world today — slow transactions. To make every transaction easier, Stellar Lumens XLM wants to make the process not only faster but also cheaper while being just as secure. Every currency offers its own advantages and drawbacks, but making it easier to do transactions in a reasonable time frame is such a major advantage to many people that it really makes Stellar Lumens XLM stand out from the other alternatives.
The team who created Stellar Lumens XLM is the same as the one behind Ripple. With the original launch of Stellar Lumens XLM, there were a number of obvious similarities, as it used a similar protocol to Ripple. However, Stellar Lumens XLM soon had its own protocol, including an entirely new algorithm with its own code. With its origin in another established cryptocurrency, there’s no doubt that Stellar Lumens XLM got an extra head start. Its solid origin makes many investors feel more secure about putting their money into Stellar Lumens XLM.
Potential is great — and getting bigger all the time. Stripe recently said that they’ll consider adding Stellar Lumens XLM support. This news caused a better than 20% jump and incited a great deal of fresh interest. With Stripe currently processing the payments for over 100,000 businesses around the world, the profile of Stellar Lumens XLM stands to rise sharply and dramatically — and even prior to the news that Stripe was considering this, Stellar Lumens XLM had a strong and on the rise profile. In short, Stellar Lumens XLM is perfectly poised to grab a large portion of the people who find Bitcoin to be lacking. If you’re looking for something that offers huge potential — but is still relatively easy to get in on for a reasonable investment — you might find that Stellar Lumens XLM is worth considering.
Stellar Lumens XLM has support — and the number of people who are interested is growing all the time. With a dedicated team behind Stellar Lumens XLM — and the recent attention of some of the big players in the financial world — the Stellar Lumens XLM team is strong and poised to become only stronger with time. With a strong ICO behind it, the odds are quite good that consumers will have the confidence they need to become investors and even daily users of Stellar Lumens XLM for all types of transactions in the future.
How Stellar Lumens XLM is Expanding Its Reach
One of the most exciting things about Stellar Lumens XLM is that it’s expanding its reach in a unique and exciting way. When the Stellar Lumens XLM coin launched, a full 95% of the tokens were given away to bitcoin holders, to non-profits, and to people who wanted them — for free. The reason behind this was that Stellar wanted to establish a more inclusive kind of digital economy. Millions of dollars worth of tokens were given away to early adopters.
Is the Community Strong?
At this time, the Stellar Lumens XLM community is strong and growing stronger rapidly. The question that many people have is whether Stellar Lumens XLM can stay strong with so many other digital currencies competing for a share of the market. While it appears that nobody is quite ready to overtake the popularity of bitcoin at this time, there is every reason to believe that one of the alternate digital currencies could eventually grab a substantial or even dominant share of the digital currency market. Stellar Lumens XLM is uniquely poised to emerge as one of the most popular digital currencies. The fact that the Stellar Lumens XLM team also happens to be the Ripple team means that many people have a level of confidence and positivity that they may not have with other types of alternate currencies.
It’s already on many “top ten” lists of alternate digital currencies — and it’s moving towards the very top of many of those lists as well. With websites like Stripe now saying that they may add support for Stellar Lumens XLM in the near future, consumer confidence in this altcoin is now at its highest point ever.
In short, if you’re looking for a good altcoin to consider, Stellar Lumens XLM is a great one to look at. It’s always best to check out all the options before investing in any digital currency. Check out our reviews of all the top digital currencies — and all the newly emerging ones! We update the website constantly, and we’re here to make sure that you get the digital currency information that you need — just when you need it the most.