Stellar (XLM)

Stellar (XLM)

Buy Stellar with a credit card

What you need to know about Stellar

After the sudden success of the first cryptocurrency Bitcoin, many companies and development groups wanted to create their alternative currency. Also, programmers focused not only on the features but the disadvantages of Bitcoin (Blockchain did not allow a large number of transactions per second and had a large commission) and tried to make the new cryptocurrency more convenient and secure. Stellar’s story begins in 2012 when programmer Jed McCaleb and Joyce Kim began working on a new project based on Ripple. For the first time, users had the opportunity to buy Stellar online in 2014.

Stellar was created on the Ripple protocol, but the project version was soon rewritten. It was conceived as a Ripple “killer” i.e.: create a copy of the protocol, but without flaws. As a result, the protocol was updated with a new consensus algorithm based on an entirely new code.

Users now have access to a very convenient and secure cryptocurrency that has many advantages.

  • loyal commissions for concluding transactions and conducting transactions on the network;
  • compatibility of the platform with other products of the financial market;
  • the ability to work with any type of currency within the platform;
  • work in real-time;
  • using cryptographic encryption to improve security;
  • automation of the token exchange procedure;
  • the ability to build clients and plugins based on the protocol.

It’s no surprise that cryptocurrency has become popular. Today it is considered a very promising investment due to its low price and impressive turnover. The total capitalization was about $7 billion in 2021. Our Trade4Coins service will help you buy Stellar and other cryptocurrencies on the most favorable terms.