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Stellar (XLM) has been on a bullish trend since Sept. 27 and the momentum of the trend is expected to get stronger following its partnership with MoneyGram to allow MoneyGram customers to make USDC stablecoin settlements. The bullish trend has caught the attention of investors who do not want to miss out on the long-term Bull Run that could just be starting.
To help new investors and traders eyeing the coin, Invezz has created a brief article to assist crypto traders and investors understand what Stellar (XLM) is and the best place to buy it.
To find out more, please continue reading.
Best places to buy Stellar (XLM)
Do you want to take advantage of the current Stellar (XLM) bullish trend but you are wondering how and where you can buy the XLM coin online? Well, you don’t have to worry anymore. You are in the right place!
All you have to do is to find a reliable exchange, open a trading account, and deposit funds (either fiat or crypto depending on the allowed form) to purchase the number of XLM tokens you want.
According to our team of professionals, here are some of the best platforms where are you can buy XLM tokens online:
eToro
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Disclaimer
Skilling
Skilling is a regulated Forex and CFD broker that allows traders to access 800+ financial instruments, including 10 popular cryptocurrency CFDs with competitive pricing and fast execution time. Skilling offers a selection of trading platforms, including the proprietary Skilling Trader and popular, industry renown cTrader and MetaTrader 4 platforms, which can suit the needs of customers with different levels of trading experience.
Disclaimer
What is Stellar (XLM)?
Stellar (XLM), which is also referred to as Stellar Lumens, is the native token of Stellar blockchain.
In a nutshell, Stellar blockchain is an open-source network that allows people to move and store money without being limited by boundaries. It is a hard fork of Ripple blockchain though its code was then rewritten.
When starting, it aimed to help those without bank account though with time it priorities widened to include assisting financial firms to connect through blockchain technology.
While XLM token holders benefit from trading it in crypto exchanges, the token is also used as the bridge for firms and people transacting assets across borders via the Stellar blockchain.
Should I buy the XLM token today?
If you are looking to invest in a cryptocurrency that has a real-world use case and whose value is expected to rise in the future, then XLM is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Stellar price prediction
The current bullish trend of XLM price is expected to continue especially after it partnered with MoneyGram and Circle to allow MoneyGram customers to make USDC stablecoin settlements.
Stellar social media coverage
MoneyGram today announced a partnership with @StellarOrg. Read the full press release here: https://t.co/2UbBxTY8Sw pic.twitter.com/HzSd3cvNcx
— MoneyGram International (@MoneyGram) October 6, 2021
Live: @DenelleDixon and @MoneyGram's Alex Holmes join @CoinDesk First Mover to discuss how we’re working together to build a bridge between digital assets and local currencies for consumers https://t.co/Z1H0sVt7AD
— Stellar (@StellarOrg) October 7, 2021
The post Where to buy Stellar (XLM) coin: destined for greater heights after MoneyGram partnership appeared first on Invezz.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.