Mechanisms Of Stellar Lumens - How To Buy XLM In Canada?
Stellar is a platform created in July 2014 by the former founder of Ripple, Jed McCaleb, using the token Lumen (XLM) as its native token. Let's learn how to buy XLM in Canada . The Stellar XLM token is used as part of a protocol to pay for transaction fees and as a bridging currency for cross-border payments. It can also be used to create digital assets in the Stellar network. Additionally, XLM is used as an intermediary between any generated digital asset and any other digital asset on the Stellar network, using Stellar's built-in decentralized exchange. The main use case for XLM is as a currency. Transaction fees on the Stellar network are currently low enough that one person can make thousands of transactions for less than a cent. With low transaction costs, Stellar aims to act as a major player in the cross-border payments and remittance space, similar to other projects in the space like XRP. Unlike the XRP token, which is the source of much of the original XLM token struct...