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Buy Stellar uk- XLM/GBP
£0.1075
0.65 %
Change 24h

Description by Coingecko

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially. Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency. For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user. This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network. Lumens (XLM) Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost. In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network. Prior to Protocol 12, Stellar had a built-in inflation mechanism conceived to allow account holders to collectively direct inflation-generated lumens toward projects built on Stellar. As the network evolved and grew, it became increasingly clear that inflation wasn’t working as intended — account holders either didn’t set their inflation destination or joined inflation pools to claim the inflation themselves, and the operational costs associated with inflation payments continued to rise — and so a protocol change to disable inflation was proposed, implemented, voted on by validators, and ultimately adopted as part of a network upgrade. The inflation operation is now deprecated. https://developers.stellar.org/docs/glossary/inflation/

Buy Stellar | XLM Price GBP

Stellar Price GBP is £0.1075. XLM price has experienced a daily change of 0.65 %. This gives Stellar (XLM) a Market Cap of £ 2,735,515,547. The total volume of Stellar (XLM) traded in the last 24-hour period was £ 136,586,652. Circulating Supply of Stellar (XLM) is 25,457,000,000. Total Supply of Stellar (XLM) is 50,001,800,000.

You can buy Stellar UK directly from Binance (if available) using a credit card or debit card. This referral will save you 20% on trading fees. If XLM is not listed or is otherwise unavailable, another possibility is buying a cryptocurrency available directly on Binance with a credit card or debit card. This crypto can then be traded with XLM on Binance, or an alternative exchange.

Stellar XLM is a cryptocurrency currently listed on web3spy.io with data from coingecko. At the time of initial listing, XLM had met the full listing criteria for inclusion on coingecko. For this reason, web3spy.io has given XLM a default star rating of 3 stars. This is intended to be an unbiased and neutral rating. Please research this project thoroughly before trading.

Always exercise extreme caution when moving cryptocurrencies. We in no way endorse any cryptocurrency project, nor do we encourage trading on any exchange listed on this website. Please do your own research.

Stellar (XLM) is a digital asset secured by cryptography. We supply XLM/GBP trading pairs below. More information can be obtained from the official Stellar (XLM) website at: stellar.org medium.com

XLM blockchain can be viewed here: dashboard.stellar.org stellar.expert steexp.com blockchair.com

XLM social networks can be viewed here: Facebook Twitter BitcoinTalk galactictalk.org

Stellar (XLM) Rating

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XLM/GBP Price Chart

Market Cap
£ 2,735,515,547
Volume 24h
£ 136,586,652
Circulating Supply
25,457,000,000
Total Supply
50,001,800,000
XLM
£

XLM Questions and Answers

What is the latest price of XLM in GBP?
The latest XLM Price is £0.1075
What is XLM's MarketCap in GBP?
XLM's MarketCap is £ 2,735,515,547
Where can I buy XLM in the UK?
You can buy XLM on Binance (if available) or an alternative exchange
What is the 24-hour trading volume of XLM in GBP?
The 24-hour trading volume of XLM is £ 136,586,652
What is the Circulating Supply of XLM?
The Circulating Supply of XLM is 25,457,000,000
What is the Total Supply of XLM?
The Total Supply of XLM is 50,001,800,000
Where can I sell XLM in the UK?
You can sell XLM on Binance (if available) or an alternative exchange
What is the web3spy.io star rating for XLM?
The current visitor generated star rating for XLM is 4.3 (based upon 14 visitor votes)