- Stellar (XLM)
- Live Price $0.0587
- 24h % -1.17%
- Market Cap$1.19 B
- Volume$290.67 M
- Available Supply20.22 B XLM
The Stellar price chart above provides you with the latest and most accurate Stellar price using live data pulled from the worlds leading exchanges. This enables us to show real-time stats and live market fluctuations. You can use the chart above to plot strategies and predict the Stellar cash price, then take a screenshot of your graph and save it to your computer or publish it on Tradingview. We have listed as much of the information as we can from live changes, volume, to Stellar price in Dollars (USD), Great British Pounds (GBP) and Euros (EUR).
What is Stellar?
Stellar is an open-source, decentralized protocol for the digital currency. Similar to Ripple, Stellar is a payment technology which aims to connect cross-border transactions between any currency and to reduce the cost and time for transfers. The Stellar network currency is 'Stellar Lumens'.
Stellar is more than just a fast cryptocurrency; they have partner organisations that are called 'Anchors', Anchors offers lines of credit so people can use the Stellar network with dollars and euros.
History of Stellar
Jed McCaleb the co-founder of Ripple launched the network system Stellar in 2014 with former lawyer Joyce Kim. At the launch of Stellar, the network had 100 Billion Stellars, 25% was given to non-profits working towards financial inclusion. In 2015 the stellar cryptocurrency changed its name to Lumen or XLM.
How to buy Stellar?
Although Stellar is one of the popular cryptocurrencies, it's not the biggest, for this reason, many exchanges will not allow you to purchase Lumens with fiat currencies such as USD. So in order to purchase Stellar Lumens, you will need to buy another cryptocurrency using a debit/credit card and then swap it at an exchange for XLM. Doing this is fast and easy, we would recommend using Bitcoin or Ethereum.
Is Stellar Secure?
At the time of writing Stellar network has not experienced any hacks, and the small fee that you pay with every transaction is used to prevent Denial of Service attacks. DDoS attacks do not happen when the servers are busy, so overloading the system becomes very expensive for attackers because of the small fee charged. Stellar is also part of IBM’s global blockchain initiative, this should be enough proof of how secure it is as IBM will not partner with unsecure crypto coins.
Markets / Exchanges