Stellar [XLM] is Now Part of KuCoin’s Most Promising Tokens
Stellar Lumens XLM is not easy to obtain compared to bitcoin and other cryptocurrencies. The company only selected the best blockchain asset exchange platform to have their native currency transacted. And today, Stellar announced that they had listed XLM as part of KuCoin’s growing line of promising tokens.
XLM is now available for immediate deposit. Buying will be possible at 19:30 (UTC+8) while Selling/Withdrawal begins at 20:00 (UTC+8). These transactions can be made by utilizing KuCoin’s app for iOS and Android or direct to their official website, www.kucoin.com.
About Stellar XLM
In 2014, Stellar has been established as a by-product of Ripple because Jed McCaleb, the co-founder, had a different philosophy with the rest of the Ripple board. While Ripple is centered on giving solutions to banks, Stellar purposes to help promote payments between people. They operate comparably, but Stellar is a “bottom-up” approach while Ripple as “top-down.”
Stellar Lumens (XLM) are the token utilized by the Stellar network. The network generated 100 billion Lumens (XLM) when they have started. A transaction applying Lumens costs just 0.0001 XLM, worth a little fraction of a penny, and normally takes less than 6 seconds to be completed. The supply of Stellar Lumens increases about 1% annually.
Also, read: Stellar [XLM] Acquires Blockchain Startup “Chain”
Stellar Functions
What gives Stellar more than just a secure cryptocurrency is the partner organizations that serve as “Anchors.” Anchors are trusted entities that provide lines of credit for individuals to use the Stellar network using assets like dollars and euros.
Conclusion
Stellar XLM is fast cryptocurrency with low-fees, a built-in decentralized exchange, and the capacity to issue tokens and host ICOs may make Stellar the most successful cryptocurrency of 2018.
- Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force
- 99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction
- Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement
- ‘Every Crypto ETF You Can Imagine’: Expert Predicts Flurry of Filings After REX-Osprey’s 21 Applications
- Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
