CEX.IO Adds Stellar to Their Exchange

Stellar Lumens, a cryptocurrency that currently resides with other top coins continues to be driven by a strong team. The cryptocurrency is driven by some ex-members of the Ripple team and have tech advisors such as Y Combinator’s Sam Altman and Peter Thiel peer, Keith Rabois, provide it with great foundations, making it a project containing people with expertise working on a significant problem creatively. The team over at Stellar aim to provide financial services for the underbanked, while working on categories such as mobile money, mobile branches, micropayments, and remittances. They have a plan that is certainly ambitious, yet they are taking strategic steps on a regular basis to complete their mission.

Stellar Liquidity

An essential aspect for any growing coin is to have liquidity across the board so that more can trade and participate. The aspect of liquidity provides more access and exchange, helping to develop and grow interest in the system. Also, proper liquidity allows for exchange to take place reasonably. If demand were to outgrow supply, the price of the cryptocurrency would skyrocket, making it to where there would less rational buyers interested in purchasing the digital asset. Following the need for liquidity, the team has worked to add the cryptocurrency on to yet another cryptocurrency exchange. This exchange is based in London and is called CEX.IO. Traders at this exchange will be able to have access to XLM after this launch in a reasonable manner with other currencies (BTC, USD, EUR). CEX.IO allows for Visa and Mastercard trading as well as a bank transfers. The exchange has over 700,000 users from all over the world trading on their platform. The service has strong service availability, time-proven financial stability and zero percent user funds theft.

XLM Growth

Stellar Lumens seems to continue to grow as they have worked with companies who are providing services in Africa and Asia to streamline their services for their underbanked clients.

The project has also just recently released their roadmap as well towards the latter half of January.

At the same time, there is an increasing demand for the Stellar Lumens as the project continues to peak investor interest.

About Stellar

Stellar | Move Money Across Borders Quickly, Reliably, And For Fractions Of A Penny.

Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.  

Send money across borders quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies.

Increase efficiency and decrease the cost of smaller transfers. Offer incremental payment options to your customers.

Get an agency banking advantage with mobile branches. Expand your retail operation, without the overhead costs.

Make mobile money platforms interoperable. Let your customers send MM to recipients with different providers.

By | 2018-02-03T01:51:02+00:00 February 3rd, 2018|News|0 Comments

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