Stellar Lumens XLM

On 2023-09-23 the current Stellar Lumens price/exchange rate is 0.1075 EUR.

Stellar (XLM) is a decentralized "open-source" technology that aims to facilitate payments and transactions. Stellar shares a similar concept as Ripple.

Both networks aim to connect with financial institutions to reduce the time and cost of transactions globally.

Yet unlike Ripple, which is more focused on working with banks, Stellar is more focused on emerging markets and wider application.

Stellar operates in a similar way as other decentralized platforms for transactions and payments. Stellar has its own network with a ledger that is updated every 2-5 seconds.

The Stellar blockchain also has its own cryptocurrency Stellar Lumens - XLM.

At the time of writing, there are around 27 billion Stellar Lumens - XLM coins in ciruculation. 

The maximum number of XLM coins is 50,001,806,812 XLM coins.

The goal of Stellar Lumens is to provide people with an easy way to convert fiat currencies into cryptocurrencies and to remove barriers to make transactions anywhere in the world.

The advantages of Stellar Lumens therefore manifest in:

Unlike other cryptocurrencies, the XLM coin can’t be mined. Also, an XLM coin can’t be awarded to someone.

At the time of the launch of the Stellar network, 100 billion XLMs were created.

During the first 5 years, the number of Stellar Lumens increased by 1% per year. By the decision of the whole community, the 1% annual growth mechanism was removed. 

In 2019, the total number of XLM coins will be reduced to 50 billion and no new XLM will be created.

Jed Mccaleb and Joyce Kim founded Stellar in 2013 after they left Ripple due to disagreements over the future direction of Ripple.

On the Bitcoin Store platform, you can easily buy Stellar Lumens and more than 150 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.

On the Bitcoin Store platform, you can easily sell more than 150 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful, you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb, Rijeka, Osijek and Split.

Verifying your identity via ID card is not required for all transactions up to 1000,00 EUR.

You can deposit cash directly to your Bitcoin Store account in the exchange office. The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.

You can store Stellar Lumens in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

Cold Wallets include:

You can also store XLM on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can: