StellarXLM
Convert XLM to your currency
Last Updated on Sep 27, 2025 07:29 PM
What is Stellar?
About the coin
Stellar is an open-source, distributed network designed to facilitate cross-asset transfers of value. It was founded by Jed McCaleb in 2014, who also co-founded Ripple and founded Mt. Gox. Stellar aims to connect financial institutions and reduce the cost and time required for cross-border transfers. Unlike Ripple, Stellar.org is a non-profit organization, and its platform is decentralized.
Main features
Stellar's network uses its native currency, Lumens (XLM), to facilitate multi-currency transactions and prevent spam. The network allows users to send any currency they own to others in different currencies through a distributed exchange. Anchors, trusted entities that hold deposits and issue credit, serve as bridges between different currencies and the Stellar network.
How it works
Stellar's distributed exchange uses Lumens as an intermediary currency to enable low-cost multi-currency transactions. A small fee of 0.00001 XLM is charged per transaction to prevent spam attacks. Initially, Stellar had an inflation mechanism to direct inflation-generated Lumens toward projects, but it was disabled as it wasn't working as intended. The network now operates without inflation.
Wallet for Stellar
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Tangem supports networks for Stellar
- Stellar
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Stellar FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Stellar is an open-source payment technology that shares similarities with the Ripple Ledger blockchain and its XRP cryptocurrency. Like Ripple, Stellar is a payment technology that aims toconnect financial institutions and reduce the cost and time required for cross-border transfers.
How to secure Stellar with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Stellar wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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