Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here

"INFO -  What is Stellar about?
  • 17 Vote(s) - 2.65 Average
  • 1
  • 2
  • 3
  • 4
  • 5

01 information 

Stellar is a non-profit organisation which “aims to expand financial access and literacy worldwide by building a common financial platform….around 2.5 billion people across the world cannot afford a bank account. Stellar gives everyone a chance to be banked, save money, build credit, start a business, or otherwise participate in the global economy – free of fees and other charges” (Stellar website). It is a platform that connects banks, payments systems, and people and aids transfer of money fast, discreetly, and almost free. Their mission is to expand financial access and literacy worldwide. It makes sending, saving and receiving money hassle-free and as easy as sending an email or creating a blog. Recently, there has been a noticeable global transition to digital money – Stellar ensures that people get educated and have access to this. What sets Stellar apart is that:

1. It is almost free. It is extremely cheap (about $0.000000027 per transaction) unlike Forex and the likes.
2. It is very fast. Stellar transfers are fully completed in seconds, unlike Bitcoin.
3. It has a strong backing. Though it is open source and not owned by anyone like Bitcoin, it maintains a strong backing behind it – The Stellar Foundation board and advisors which includes Mozilla foundation board members, the CEO of WordPress, CTO and CEOs of Stripe, the ex-COO of Square and senior exec at PayPal, the director of MIT Media Lab, the director of Apache Software Foundaton and a co-founder of Dogecoin.

Okay so that’s the serious part. If you are like me, you might be wondering “how do I get started with Stellar?” As it turns out, It is pretty easy to get started all you need is an account and some Lumens. Hold on, don’t go searching on how to capture light rays. Lumens is the currency of the Stellar network. To make use of the Stellar payment medium, your Stellar account has to be credited with some money (Lumens: the currency of the Stellar Network) by the use of a Currency Exchange. This works by letting you give the Exchange some money(fiat or other cryptocurrency e.g bitcoin) and they in turn credit your Stellar account with Lumens. Once this is done, you can now transfer money within the Stellar network without need for the Exchange anymore. Cool right? Now lets get to the fun part, learn how to get a stellar account here, and how to get some lumens here.

it is free, but perhaps different nominal have another fee
free only for the small maybe
Wow :) Totally free thanks to the founder of Stellar :)

Possibly Related Threads...
Thread Author Replies Views Last Post
  Tutorial Leverage Stellar Lumens: How to Trade XLM With Leverage on Binance Exchange crytocure 1 231 27-04-2020, 01:06 PM
Last Post: Milner
  Hot NEWS Difference between Stellar Lumens and Bitcoin Indraawagin 8 3,775 23-02-2019, 12:51 PM
Last Post: Mockingbird
12 demo2 Tutorial Trik mendapatkan 20 STR Dari Bekas Akun Stellar Tak Terpakai vickyjarmans 18 6,147 27-12-2018, 03:13 AM
Last Post: opay17
  Tutorial stellar wallet need to have tamnicefuture 1 1,092 26-12-2018, 01:44 AM
Last Post: opay17
  Tutorial How to send/Activate XLM to wallet from BITCOIN.CO.ID Haseo893 12 5,552 21-11-2018, 05:17 PM
Last Post: opay17
05 like INFO - information need to know about stellar tamnicefuture 0 950 25-07-2018, 07:52 AM
Last Post: tamnicefuture
  INFO - keybase and stellar tamnicefuture 0 841 25-07-2018, 03:04 AM
Last Post: tamnicefuture
08 search INFO - evaluation of stellar tamnicefuture 0 979 25-07-2018, 02:54 AM
Last Post: tamnicefuture
  Tutorial How to Buy Stellar Lumens buyersguidex 4 1,928 21-07-2018, 11:11 AM
Last Post: pawfox
  Tutorial Get Your Stellar Wallet Secret Key Instantly Crypto 62 24,953 21-07-2018, 10:57 AM
Last Post: pawfox

Users browsing this thread: 1 Guest(s)