Stellar Project Overview
Stellar is an open-source payment network designed to facilitate fast, low-cost cross-border transactions between any currency pairs. Created by Jed McCaleb (co-founder of Ripple and Mt. Gox), Stellar operates as a decentralized gateway bridging fiat currencies and digital assets. Its native cryptocurrency, Stellar Lumens (XLM), powers the network, enabling seamless transfers of USD, EUR, JPY, Bitcoin, and 180+ other currencies within 2–5 seconds.
Key Features
- Decentralized Infrastructure: Built on blockchain technology for transparency and security.
- Multi-Currency Support: Connects banks, payment systems, and individuals globally.
- Low Transaction Fees: Minimizes costs compared to traditional remittance methods.
- Smart Contracts: Supports customizable financial agreements via Stellar Smart Contracts (SSCs).
👉 Discover how Stellar compares to other blockchain networks
XLM Token on MEXC Exchange
Trade Stellar Lumens (XLM) securely on MEXC with competitive fees and high liquidity:
| Token Details | Specifications |
|------------------------|-----------------------------|
| Symbol | XLM |
| Total Supply | 50,001,786,892 XLM |
| Launch Date | July 2013 |
| Deposit/Withdrawal | Enabled |
Why Trade XLM on MEXC?
- Low Fees: Reduced charges for market makers and takers.
- User-Friendly Interface: Simplified trading for beginners and experts.
- Real-Time Data: Track XLM price movements with precision.
Stellar (XLM) to Fiat Converter
Calculate real-time exchange rates between XLM and major fiat currencies (USD, EUR, etc.):
- Select XLM as the base cryptocurrency.
- Enter the amount.
- Choose your target fiat currency.
- Get instant conversion results.
Example:
- 100 XLM ≈ $10.50 USD (rates fluctuate based on market conditions).
FAQ
1. What is Stellar Lumens (XLM) used for?
XLM facilitates cross-border payments, asset tokenization, and decentralized finance (DeFi) applications on the Stellar network.
2. How does Stellar differ from Ripple?
While both focus on payments, Stellar is open-source and community-driven, whereas Ripple targets institutional clients.
3. Where can I store XLM securely?
Use hardware wallets (Ledger/Trezor) or trusted mobile wallets like Solar (Stellar’s official wallet).
4. Is XLM a good investment?
XLM’s long-term value hinges on adoption by financial institutions and its utility in micropayments. Diversify your portfolio wisely.
5. How do I buy XLM?
Purchase XLM on exchanges like MEXC via credit/debit card or crypto swaps.
Note: Always verify transaction details and comply with local regulations.
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