Stellar (XLM)
Rank #16
Market snapshot
- Price
- $0.171115
- Market cap
- $5.9B
- 24h volume
- $156.9M
- Circulating supply
- 34,561,171,192.838
- Total supply
- 50,001,786,839.9125
- Max supply
- 50,001,806,812
What is Stellar?
Stellar is a digital currency that aims to facilitate fast and low-cost international money transfers. It operates on a decentralized network, enabling users to send and receive funds directly without the need for intermediaries. Stellar aims to improve access to financial services for unbanked populations and enhance the efficiency of cross-border transactions.
Key information
- Symbol
- XLM
- CMC rank
- #16
- Network / platforms
- N/A
- Categories
- N/A
- Date added
- Aug 5, 2014
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Stellar (XLM)?
- Stellar (XLM) is a digital asset designed for facilitating cross-border transactions and enhancing financial inclusion.
- What are the risks associated with transferring Stellar (XLM)?
- Digital asset prices can be volatile, and users should verify asset and network before transferring assets.
- How can I verify the acquisition of Stellar (XLM)?
- Verify the asset name, network, and destination details before transferring. Ensure the destination address is correct.
- Where can I find official resources for Stellar?
- Official resources for Stellar can be found on their website at https://www.stellar.org.
