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Stellar Lumens (XLM) Explained

What is Stellar Lumens (XLM)?

Stellar Lumens (XLM) is the native token of the Stellar Network, a high throughput blockchain created by Jed McCaleb—who is also behind Ripple's XRPL and its solutions. Stellar Lumens might have the same mode of operation as Ripple. However, their codes are different, with Stellar being more decentralized. XLM is released by the Stellar Development Foundation—a non-profit. Their primary objective is to promote financial access for the millions of the unbanked population by keeping transaction costs at a bare minimum while remaining completely decentralized. 


Why Trade XLM?

The Stellar Foundation is a non-profit organization whose objective is to bank the majority of the world's unbanked population. They have, over the years, posted success, partnering with IBM. XLM is also very liquid and listed by many exchanges, including CryptoAltum. Unlike others, CryptoAltum supports high leverage of up to 100X. Furthermore, traders enjoy low fees and zero commissions. All new traders also receive a 100 percent welcome deposit bonus.


Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
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