Stellar Price Reaches $0.11 on Major Exchanges (XLM)

Stellar (XLM) traded up 0.6% against the U.S. dollar during the 1 day period ending at 22:00 PM E.T. on February 3rd. One Stellar coin can currently be bought for $0.11 or 0.00000258 BTC on popular exchanges. Stellar has a market capitalization of $3.15 billion and approximately $64.69 million worth of Stellar was traded on exchanges in the last day. During the last seven days, Stellar has traded 4.5% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded up 0.9% against the dollar and now trades at $0.35 or 0.00000809 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded 0.8% higher against the dollar and now trades at $0.0122 or 0.00000028 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.7% against the dollar and now trades at $0.0086 or 0.00000020 BTC.

Stellar Coin Profile

Stellar (XLM) uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,787,037 coins and its circulating supply is 28,409,389,031 coins. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The official website for Stellar is www.stellar.org. The official message board for Stellar is stellarcommunity.org.

According to CryptoCompare, “Stellar is an open-source, decentralized blockchain network designed to facilitate the transfer of money and other assets between people and institutions. It was created by Jed McCaleb and Joyce Kim in 2014 and is overseen by the Stellar Development Foundation (SDF). Stellar can support a wide range of use cases, including remittances, micropayments, mobile money, and mobile banking, and is an attractive option for those looking to transfer funds across borders quickly and efficiently. The network’s native cryptocurrency, the lumen (XLM), serves as a digital asset for denominating network requirements, and is required to meet minimum balance requirements and pay transaction fees. In addition, it can act as a medium of exchange between otherwise illiquid assets, making it easier to move money between users.”

Stellar Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Stellar directly using US dollars. Investors seeking to trade Stellar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stellar using one of the exchanges listed above.

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