Stellar Lumens has been added to fast-expanding catalog of tradable cryptocurrencies on CEX.io. You can trade Stellar Lumens in these pairs – XLM/USD, XLM/EUR and XLM/BTC. Both deposits and withdrawals of Stellar Lumens are possible. Right now, Stellar Lumens is the second cheapest cryptocurrency on CEX.io which should attract a lot of first time traders onboard.
If you are sending Stellar Lumens to CEX.io for trading, make sure you indicated correct memo ID, otherwise proper fund crediting is not ensured. It will help you identify received funds and allocate them to your account. This rule applies to everyone that is sending the Stellar Lumens to other exchanges. However, if you are sending XLM to your external wallet, you can leave Memo field blank or insert 0.
Stellar Lumens has total supply of ~100 billion but only 18.5 billion coins are in circulation. Most of the volume comes from Upbit, followed by Binance, Poloniex and Bittrex.
The work of Stellar is ensured by its native asset – lumens. They have an anti-spam role due to the small fee for a transaction and prevent DoS attack on the network. Additionally, they enable multi-currency transactions for the currencies that cannot be exchanged directly.
February 3, 2018
| Stellar Lumens