Stellar (XLM): Bitcoin’s price is skyrocketing due to increase in demands and people find cryptocurrencies as the best investment. Bitcoin was launched in 2009 and it takes more than seven years to reach it speak. Many other alter coins have come to market which gives solutions to the problems that were not even solved by Bitcoin.
Stellar (XLM) is a decentralized, hybrid blockchain that is fully open-source. In other words, Stellar is a not-for-profit project that aims to offer everyone equal access to easy banking methods. It was a great competitor for ripple which currently in trend and positioned the third rank in the coin market cap as its price raised to more than $1.50.
Stellar (XLM) Features
Stellar coins have found more advantages than the other. It even occurs as solutions for the problems where people are facing in other cryptocurrencies.
- Transaction Cost: Stellar takes minimum transaction cost as 0.00001 XLM for sing transaction which people can do 100,000 transactions for 1 XLM (Currently $0.25), more significant than others.
2. Settlement Times: In most of the methods, it takes 3-5 days for the transaction process. But Stellar (XLM) takes only 2-5 seconds for transactions which is much faster than Ripple that transacts within 5-10 seconds.
Stellar (XLM) Predictions
Stellar is the most developing coin and the company CEO has assured that will definitely reach certain heights as the company makes profits which increases share value and thereby the invest also rise. Based on the demands and supply the price may fluctuate. But currently Stellar is at the 12th rank in Coinmarketcap and it is sure that will reach top five soon once it reaches $1.00 in the late January 2018. Follow the Stellar (XLM) price on the following link Stellar (XLM) Live Chart. Hence it is the best time to invest in Stellar coins.
How to Buy Stellar (XLM)?
Stellar is the most popular cryptocurrency and it is available in many famous exchange service sites such as Binance, Bittrex, Poloniex, RippleFox, Bitstamp, and GateHub.
Thus Stellar (XLM) always makes trading easier with its best features. It can be used as bridging currency which increases liquidity and for easier trading when compared to other currencies.