-
Bitcoin
$90,665.50
0.78% -
Ethereum
$3,169.45
2.27% -
Tether USDt
$1.00
0.04% -
Solana
$238.64
1.02% -
BNB
$618.70
-0.50% -
XRP
$1.12
3.89% -
Dogecoin
$0.3682
1.16% -
USDC
$0.9999
-0.01% -
Cardano
$0.7334
3.18% -
TRON
$0.2023
0.43% -
Shiba Inu
$0.0...02459
-0.13% -
Avalanche
$35.21
1.22% -
Toncoin
$5.60
3.80% -
Sui
$3.68
-2.64% -
Chainlink
$15.13
8.78% -
Polkadot
$5.92
8.34% -
Bitcoin Cash
$450.79
3.63% -
Pepe
$0.0...02022
-4.51% -
NEAR Protocol
$5.97
4.78% -
UNUS SED LEO
$7.82
2.16% -
Stellar
$0.2386
16.41% -
Litecoin
$88.67
1.13% -
Aptos
$11.96
1.15% -
Uniswap
$9.18
3.83% -
Hedera
$0.1430
57.81% -
Dai
$0.9999
-0.01% -
Internet Computer
$9.60
7.12% -
Cronos
$0.1682
2.92% -
Kaspa
$0.1706
13.90% -
Ethereum Classic
$26.61
1.10%
One article to understand what XLM coins are, which country XLM coins are from
XLM coins, the native cryptocurrency of the Stellar blockchain, offer low transaction fees, fast transaction times, and cross-border compatibility, making them suitable for remittances, international payments, and real-time use cases.
Oct 06, 2024 at 01:41 pm
A Comprehensive Guide to Understanding XLM Coins
1. What are XLM Coins?
XLM coins, also known as Stellar Lumens, are the native cryptocurrency of the Stellar blockchain network. Launched in 2014, the Stellar network is designed to facilitate secure and low-cost cross-border transactions. Each XLM coin serves as a unit of account within the Stellar ecosystem.
2. Origin of XLM Coins
XLM coins were created by the Stellar Development Foundation, a non-profit organization based in the United States. The foundation's mission is to promote the development and adoption of the Stellar network and its cryptocurrency.
3. Unique Characteristics of XLM Coins
XLM coins offer several advantages that make them suitable for cross-border transactions:
- Low transaction fees: XLM transactions typically cost a fraction of a penny, regardless of the transaction amount or distance.
- Fast transaction times: XLM transactions are processed within seconds, making them suitable for real-time payments.
- Decentralized network: The Stellar network is a decentralized blockchain, meaning it is not controlled by any single entity.
- Cross-border compatibility: XLM coins can be used to convert currencies from various countries, enabling seamless international transfers.
4. Use Cases for XLM Coins
XLM coins have a wide range of use cases, including:
- Remittances: XLM can be used to send and receive money across borders quickly and cheaply.
- Cross-border payments: XLM can be used to facilitate payments between businesses and individuals in different countries.
- Decentralized finance (DeFi): XLM can be used as collateral for loans or as a form of payment on decentralized exchanges.
5. Market Position
As of March 2023, XLM is ranked as the 11th largest cryptocurrency by market capitalization. It has a circulating supply of 23 billion coins, with a total market value of over $6 billion.
6. Future Prospects
The future of XLM coins is tied to the growth and adoption of the Stellar network. As the network expands and gains more users and applications, the demand for XLM is expected to increase, potentially driving its value upwards.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
Societe Generale Launches EUR CoinVertible (EURCV) Stablecoin on the XRP Ledger (XRPL) Network
- 2024-11-19 08:37:20
-
Qubetics: The Ultimate Presale Opportunity with Cutting-Edge Solutions
- 2024-11-19 08:37:20
-
Cardano Founder Charles Hoskinson Reveals His Plan to Establish a Comprehensive Crypto Regulatory Framework in the US
- 2024-11-19 08:40:01
-
MicroStrategy to Buy Even More Bitcoin, Announces $1.75 Billion Fundraiser
- 2024-11-19 08:40:01
-
Floki Inu Skyrockets 26% as Coinbase Announces Plans to Add the Token to Its Roadmap
- 2024-11-19 08:40:01
-
RCO Finance (RCOF) Emerges as 2024's Rising Star
- 2024-11-19 08:40:01
Related knowledge
What can GMX coins be used for?
Nov 16,2024 at 02:54am
GMX: Unlocking Limitless Possibilities with Revolutionary Blockchain TechnologyGMX, a decentralized exchange platform, has emerged as a pivotal player in the blockchain realm, offering a comprehensive suite of DeFi solutions. At its core is the GMX token, a utility-packed asset that empowers users to leverage the platform's robust features. This article...
What are the formal platforms for GMX currency?
Nov 19,2024 at 04:20am
What are the formal platforms for GMX currency?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 30x leverage. The platform is built on the Arbitrum One blockchain and uses a unique automated market maker (AMM) system to facilitate trades. GMX has quickly become one of the most popular DEXes for trading per...
What’s the future of GMX coin?
Nov 16,2024 at 03:48am
What's the Future of GMX Coin?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 50x leverage. The platform is powered by the GMX token, which is used to pay for trading fees and to participate in governance.Factors That Will Impact the Future of GMX Coin:Several factors will impact the future of GMX coin, i...
Where to trade GMX coins
Nov 17,2024 at 05:49pm
Where to Trade GMX Coins: A Comprehensive GuideIntroductionGMX is a decentralized perpetual futures exchange that allows traders to speculate on the price of cryptocurrencies with up to 100x leverage. The GMX token (GMX) is the native utility token of the GMX platform, used for governance, staking, and reduced trading fees. With its innovative features ...
Is GMX coin worth investing in?
Nov 18,2024 at 12:44am
Is GMX Coin Worth Investing In?GMX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies with up to 50x leverage. It is built on the Arbitrum network, a Layer 2 scaling solution for Ethereum. GMX has gained popularity in recent months due to its low fees, fast execution times, and unique features.Whether or not GMX coin is a good...
Who is the founder of GMX coin?
Nov 17,2024 at 11:18pm
Who is the Founder of GMX Coin?GMX, a decentralized perpetual exchange platform, boasts a team of experienced individuals dedicated to revolutionizing the derivatives trading landscape. Notably, the platform's co-founder, Anton Suvorov, plays a pivotal role in the project's overall success.Anton Suvorov: A Visionary Leader in the Blockchain SpaceEarly A...
What can GMX coins be used for?
Nov 16,2024 at 02:54am
GMX: Unlocking Limitless Possibilities with Revolutionary Blockchain TechnologyGMX, a decentralized exchange platform, has emerged as a pivotal player in the blockchain realm, offering a comprehensive suite of DeFi solutions. At its core is the GMX token, a utility-packed asset that empowers users to leverage the platform's robust features. This article...
What are the formal platforms for GMX currency?
Nov 19,2024 at 04:20am
What are the formal platforms for GMX currency?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 30x leverage. The platform is built on the Arbitrum One blockchain and uses a unique automated market maker (AMM) system to facilitate trades. GMX has quickly become one of the most popular DEXes for trading per...
What’s the future of GMX coin?
Nov 16,2024 at 03:48am
What's the Future of GMX Coin?GMX is a decentralized perpetual exchange that allows users to trade cryptocurrencies with up to 50x leverage. The platform is powered by the GMX token, which is used to pay for trading fees and to participate in governance.Factors That Will Impact the Future of GMX Coin:Several factors will impact the future of GMX coin, i...
Where to trade GMX coins
Nov 17,2024 at 05:49pm
Where to Trade GMX Coins: A Comprehensive GuideIntroductionGMX is a decentralized perpetual futures exchange that allows traders to speculate on the price of cryptocurrencies with up to 100x leverage. The GMX token (GMX) is the native utility token of the GMX platform, used for governance, staking, and reduced trading fees. With its innovative features ...
Is GMX coin worth investing in?
Nov 18,2024 at 12:44am
Is GMX Coin Worth Investing In?GMX is a decentralized exchange (DEX) that allows users to trade cryptocurrencies with up to 50x leverage. It is built on the Arbitrum network, a Layer 2 scaling solution for Ethereum. GMX has gained popularity in recent months due to its low fees, fast execution times, and unique features.Whether or not GMX coin is a good...
Who is the founder of GMX coin?
Nov 17,2024 at 11:18pm
Who is the Founder of GMX Coin?GMX, a decentralized perpetual exchange platform, boasts a team of experienced individuals dedicated to revolutionizing the derivatives trading landscape. Notably, the platform's co-founder, Anton Suvorov, plays a pivotal role in the project's overall success.Anton Suvorov: A Visionary Leader in the Blockchain SpaceEarly A...
See all articles
