Where To Exchange Stellar (XLM) - Best Platforms With Reviews
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Where can you exchange Stellar (XLM) in 2024?
Stellar (XLM) is a popular cryptocurrency known for its efficiency and low-cost transactions. As the demand for Stellar continues to grow, many investors and traders are looking for reliable platforms to exchange this digital asset. In this comprehensive guide, we will explore where you can exchange Stellar (XLM), along with an overview of the cryptocurrency, its history, and the technology it is based on.
Introduction
Stellar (XLM) is a blockchain-based cryptocurrency that aims to facilitate cross-border transactions quickly and at a low cost. With its growing popularity, it is essential to know where you can exchange Stellar (XLM) to make the most of your investments. This article will cover various exchanges, both centralized and decentralized, providing you with the necessary information to start trading Stellar efficiently.
What is Stellar (XLM)?
Stellar is a decentralized protocol designed to enable fast, secure, and low-cost international money transfers. It was created to bridge the gap between cryptocurrencies and traditional financial systems, allowing seamless currency exchanges and payments.
History of Stellar
Stellar was founded in 2014 by Jed McCaleb, who previously co-founded Ripple. The Stellar Development Foundation, a non-profit organization, oversees the development and growth of the Stellar network. Initially, Stellar was based on the Ripple protocol but later developed its own unique consensus algorithm to enhance decentralization and efficiency.
Technology Behind Stellar
Stellar operates on a unique consensus mechanism known as the Stellar Consensus Protocol (SCP). Unlike traditional proof-of-work or proof-of-stake systems, SCP relies on a federated Byzantine agreement (FBA) model. This model allows for faster and more energy-efficient transaction validations, making Stellar a highly scalable and environmentally friendly blockchain.
Centralized Exchanges for Stellar (XLM)
Centralized exchanges (CEXs) are popular for their user-friendly interfaces, high liquidity, and extensive features. Here are some of the top centralized exchanges where you can trade Stellar (XLM):
Binance
Binance is one of the largest cryptocurrency exchanges globally, offering a wide range of trading pairs, including XLM/BTC, XLM/USDT, and XLM/ETH. Known for its high liquidity and competitive fees, Binance is an excellent platform for trading Stellar. It also offers advanced trading features and robust security measures.
Coinbase
Coinbase is a user-friendly exchange that supports Stellar (XLM). It allows users to buy, sell, and store XLM easily. Coinbase is known for its strong regulatory compliance, high security standards, and easy-to-use interface, making it a great choice for beginners and experienced traders alike.
Kraken
Kraken is a well-established exchange that offers several trading pairs for Stellar (XLM), including XLM/USD and XLM/EUR. Kraken is known for its security features, advanced trading tools, and excellent customer support. It is a reliable platform for those looking to trade Stellar in a secure environment.
Decentralized Exchanges for Stellar (XLM)
Decentralized exchanges (DEXs) offer a more secure and private way to trade cryptocurrencies without relying on a central authority. Here are some decentralized exchanges where you can trade Stellar (XLM):
Stellar Decentralized Exchange (SDEX)
The Stellar Decentralized Exchange (SDEX) is a built-in feature of the Stellar network. It allows users to trade XLM directly from their Stellar wallets without the need for a third party. SDEX offers high liquidity, low fees, and a transparent trading environment, making it an excellent choice for trading Stellar.
Uniswap
Uniswap is a popular decentralized exchange that operates on the Ethereum network. While it primarily supports Ethereum-based tokens, you can trade wrapped versions of Stellar (XLM) on Uniswap. This method involves wrapping XLM into an ERC-20 token, allowing it to be traded on the Ethereum network.
PancakeSwap
PancakeSwap is a decentralized exchange on the Binance Smart Chain (BSC). Similar to Uniswap, it supports wrapped versions of Stellar (XLM). Users can trade XLM by first wrapping it into a BEP-20 token, making it compatible with the BSC network. PancakeSwap offers low fees, high liquidity, and a user-friendly interface.
How to Buy Stellar (XLM)
Step-by-Step Guide
- Choose an Exchange: Select an exchange from the list above, considering factors such as fees, liquidity, and security.
- Create an Account: For centralized exchanges, sign up and verify your account. For decentralized exchanges, set up your wallet.
- Deposit Funds: Deposit funds into your exchange account using fiat currency or other cryptocurrencies.
- Buy Stellar: Navigate to the trading section, select the appropriate trading pair (e.g., XLM/USD), and execute your trade.
- Secure Your Tokens: Transfer your XLM tokens to a secure wallet to maintain control over your private keys.
Security Tips for Trading Stellar
- Enable Two-Factor Authentication (2FA): Always enable 2FA on your exchange account for added security.
- Use a Hardware Wallet: For long-term storage, use a hardware wallet like Ledger or Trezor, which stores your private keys offline.
- Stay Informed: Keep up with the latest security practices and potential threats in the cryptocurrency space.
The Future of Stellar
Development and Roadmap
Stellar continues to innovate with ongoing development aimed at enhancing its platform and expanding its ecosystem. Future updates may include additional features, improved scalability, and expanded use cases. Keeping an eye on Stellar’s official announcements and roadmap can provide insights into upcoming developments.
Community and Adoption
The success of Stellar depends significantly on community support and adoption. Engaging with the Stellar community through social media channels, forums, and participating in governance decisions can help shape the project’s future. As Stellar gains popularity, platforms like these are well-positioned to play a crucial role in the cryptocurrency landscape.
Conclusion
Exchanging Stellar (XLM) can be done on various centralized and decentralized platforms, each offering unique features and benefits. By following the steps outlined in this guide and adhering to security best practices, you can confidently trade and hold Stellar tokens. As Stellar continues to innovate and expand its offerings, staying informed and engaged with the community will be key to maximizing your investment. Whether you're a seasoned crypto enthusiast or a newcomer, understanding where and how to exchange Stellar (XLM) is essential for navigating the evolving world of decentralized finance.
This article aimed to provide a clear, detailed, and comprehensive overview of where you can exchange Stellar (XLM). It covered the necessary steps to buy and secure Stellar, the history and technology behind Stellar, and the best centralized and decentralized exchanges for trading it. By following this guide, you can make informed decisions and effectively participate in the cryptocurrency market.
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118公司
Coinsuper是一家托管交易所，于2017年根据香港法律注册成立。 交易对提供法定货币USD，以及BTC，ETH和USDT作为其主要货币。 有关于此交换的客户评论不一。
CoinTiger根据新加坡共和国法律注册成立，作为中央交易所。 它提供BTC，ETH，USDT，TRX，XRP市场，以及针对bitCNY令牌的交易对。
Coinut是一个基于N/A的集中式加密货币交易所。该交易所于2013年推出。 截至2019年10月8日，报告的交易量约为33023美元。
Coinut有27个可用的交易对和10个硬币。 存款在交易所。
Coinut没有法定存款选项。 保证金交易。..
CoolWallet is a Bluetooth hardware wallet for managing Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and ERC20 Tokens. It represents a cold storage wallet that can be used as the Android/Apple mobile app.
CPDAX成立于2017年，代表"Coinplug数字资产交易所"。 它接受KRW（韩元）存款和取款。 该交易所是Coinplug区块链技术公司的发展。
CredoEx于2018年由BitBounce引入市场。 目前，该公司的网站已关闭，Twitter媒体自2019年年中以来一直没有更新
DDEX使用混合模型分散交换，其中不创建用户帐户。 它还将自己描述为以太坊上最先进的保证金交易平台。
Dex.top是一个去中心化的加密货币交易平台，提供智能合约（包括但不限于以太坊，EOS和NEO）进行交易。该平台将自己描述为世界上第一个多链去中心化交易所，并声称在其他去中心化交易所中拥有最高的交易量。
网站：
dex.top
推出日期：
2018
DOBI是一个数字资产交易平台。除英语版本外，该网站还提供中文和葡萄牙语版本。
推出日期：
2018
DragonEX是交易平台，涵盖BTC，ETH，USDT市场，并提供针对平台原生令牌DX的配对。
EXMO是一个加密货币平台，它使用户能够以加密货币彼此进行金融交易。关于交流的许多重要重要事实都在“关于我们”页面上找到。 Exmo交易所成立于2013年。它位于伦敦。物理地址是EXMO EXCHANGE LTD。英国伦敦伦敦41 CorshamSt。
Exrates是一家成立于2016年的加密货币交易所，这使其成为更老的加密货币交易所。关于创始人的信息不多，但该网站显示该公司在爱沙尼亚的一家名为DexTechnologies OU的公司注册。
中国平台FCoin于2020年2月宣布该交易所将停止运营。 交易所的一位创始人通过内部错误解释了这一决定。 FCoin仍然欠其用户从7.000到13.000BTC的金额。
网站：
www.fcoin.com
推出日期：
2018
Fisco（Zaif）由Fisco虚拟货币交易所有限公司成立，在日本管辖范围内运营。最近，Fisco发布了宣布，它将停止运营并将其服务与Zaif交易所集成。
FreiExchange于2016年在挪威由一个当地爱好者团队成立，旨在支持Freicoin，一种古老的加密，也被称为"带有滞期费的比特币"。 这个平台上的交易量相当适中。 截至目前，它提供了31加密货币对，比特币作为相对货币。
Gate.io由Lin Han于2013年创立。该平台由Gate Technology Incorporated经营。今年4月17日，Gate.io设法通过首次代币发行（ICO）筹集了64,000,000美元，据交易所CMO玛丽·塔蒂布依夫人（Marie Tatibouet）于2019年4月8日称，它从5 BLOCKS CAPITAL筹集了未公开的资金。
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BHEX（Blue Helix Exchange的缩写）是James Ju在2018年在马耳他共和国注册成立的公司。它将自己定位为“下一代创新加密资产金融服务提供商”。
Hotbit是2018年初开设的最年轻的交易所之一。 该交易所不适用于法定货币。 Hotbit还采用了一些先进的技术，如GSLB，分布式服务器集群和存储。 它配备了高速基于内存的交易引擎，全部备份在多台机器，冷库位置和带有离线私钥的热钱包中。
火币是一家于2013年在中国成立的加密货币交易所。目前，火币总部设在新加坡，因为该国制定了更为友好的加密货币法规。该公司在塞舌尔注册。在由于加密货币禁令而离开中国之前，该交易所负责该国90％的比特币交易量。现在，火币是一个国际平台，在新加坡，香港，美国，日本和韩国设有办事处。在中国，该公司提供区块链咨询服务。火币有子交易所：韩国火币，美国火币等。火币全球是最大的火币交易所。由于美国严格的加密货币法规，2019年11月，火币全球不得不关闭所有属于美国客户的账户。