Stellar Lumens price today.
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How the value of Stellar Lumens evolves
XLM is a token that serves as a bridge and makes it more convenient to trade assets across borders, which makes a difference with existing payment providers, which charge high fees for a similar service. Another important benefit is that Stellar supports a distributed exchange model, e.g., a user can send in dollars even if they have credit in euros. The Stellar network will perform the currency conversion automatically at the best available rates. You can quote, buy and track the price of XLM on our Cryptomkt platform.
What is Stellar Lumens?
One lumen (XLM) is Stellar's digital currency unit, a decentralized, open source platform that connects banks, payment systems and individuals. This platform was designed to facilitate cross-border transactions with the goal of making them faster, more secure and lower cost. It has an approximate circulating supply of 26,109,554,164 XLM coins and a maximum supply of 50,001,806,812 XLM coins.
3 reasons to choose Stellar Lumens
Fast and cost-effective transactions
Stellar Lumens is designed to process transactions quickly and cost-effectively, with transaction confirmation times in seconds and very low transaction fees. This makes it ideal for small and frequent transactions, especially for international money transfers.
Focus on financial inclusion
Stellar Lumens is focused on financial inclusion and aims to create a global payments network that connects people around the world regardless of their location or financial situation. The Stellar network allows people to transact directly with each other, without the need for costly and complex financial intermediaries.
Scalability and security
Stellar Lumens technology is based on a consensus protocol called Federated Byzantine Agreement (FBA), which enables high scalability and security in the network. The FBA protocol allows the Stellar network to process up to 1000 transactions per second and to adapt to different security levels according to the needs of the network. In addition, Stellar Lumens has a large community of developers and a non-profit foundation dedicated to the improvement and growth of the network.