Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XLM] Stellar - Decentralized trading platform
by
Life_time_student
on 25/01/2019, 10:00:20 UTC
Similar to all cryptocurrencies, Stellar network also leverages blockchain for decentralized advantages that come with blockchain. The network operates on several computers or servers, called nodes, which are connected via internet. These nodes can be anyone, from individuals to organisational entities. Since, whole network is decentralized, it is not controlled by a single party and anyone can join the network to become a node by running a software, called Stellar Core.

The Stellar Development Foundation minted its entire supply of 100 billion XLM tokens at the beginning; thus new Lumen tokens cannot be created via XLM mining. An Inflation rate of 1% p.a. Is set on total token supply. However, users can earn Lumens for their services as a node in the Stellar network. Stellar Lumens can also be obtained by reading on exchanges.
Since, Stellar Lumens is available on so many cryptocurrencies, finding a best rate can be a time consuming task. CoinSwitch is an ideal solution for this problem.

CoinSwitch is the largest cryptocurrency trading platform, which can allow trading of more than 350 cryptocurrencies with over 45000 possible pairs. Users can compare XLM rates and trade across all leading exchanges at one place. CoinSwitch aggregates live price and performance charts of cryptocurrencies, enabling users to make an informed decision.