What is Stellar (XLM)?

The lumen (also known as XLM) is the cryptocurrency token used on the Stellar network. The cryptocurrency is focused on being a low-cost payment option for those without access to traditional banking in some of the poorest and remote areas of the world. XLM tokens play an important role within the Stellar network. The Stellar Network offers extremely low fees by utilizing XLM. The Stellar Network facilitates cross-border and multi-currency transactions, converting XLM coins into any of 180 fiat currencies. The Stellar Network charges a small fee for each transaction on the platform. Fees charged on the network can only be paid in XLM. Transaction costs on the Stellar Network are typically only a small fraction of a cent. Another reason the Stellar Network uses XLM is to provide enhanced liquidity for cross-currency payments. XLM plays a similar role in the Stellar Network compared to the role the US dollar plays in traditional foreign exchange markets. Using XLM is particularly useful for enhancing the liquidity of thinly-traded currencies.

Who created Stellar (XLM)?

Stellar was founded in 2014 by Jed McCaleb (cofounder of Ripple as well) and Joyce Kim (a former lawyer).

What is the difference between Stellar and XLM?

Stellar is the blockchain based technology that facilitates transactions of its native currency, lumen (XLM).

How do I buy Stellar in Canada (XLM/CAD)?

Buying Stellar (XLM) in Canada can be done through a cryptocurrency exchange such as NDAX, a peer-to-peer trade, or at some Bitcoin ATMs. However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

How do I sell Stellar in Canada (XLM/CAD)?

Selling Stellar (XLM/CAD) in Canada can be done through a cryptocurrency exchange, a peer-to-peer trade, or at some Bitcoin ATMs. However, utilizing platforms such as NDAX will allow for affordable, safe, and fast transactions.

How do I trade Stellar in Canada (XLM/CAD)?

Trading Stellar (XLM) is made affordable, safe, and fast through cryptocurrency exchanges such as NDAX. NDAX’s trading fee is 0.2%.

How do I convert Stellar to cash in Canada (XLM/CAD)?

Converting Stellar (XLM) to cash can be done through a cryptocurrency exchange such as NDAX. First, you will have to trade your XLM to CAD . Once your XLM is converted to CAD you can send a CAD withdrawal to your bank. Click here for step by step instructions.

How do I store Stellar (XLM/CAD)?

It is highly recommended that you always store Stellar (XLM) in a cryptocurrency hardware wallet. Check out Ledger or Trezor for your hardware wallet needs.

Can Stellar (XLM) be mined?

Unlike other cryptocurrencies, XLM is not minable. Instead of mining new XLM, Stellar has built-in a fixed inflation mechanism. The number of new lumens is added at an increased rate of 1% per year.

What are Stellar’s transaction fees?

Transaction fees are at a fixed rate of 0.00001 XLM per transaction.

How long are the transaction times?

Transaction times for Stellar (XLM) is on average 5 seconds or less.

Stellar Price
(XLM/CAD)

XLM Market Data

volume 24h

65150

supply

50B

market cap

2.21B

supply limit

50B

bid

0.1192

ask

0.1207

XLM to CAD converter:

convert

XLM

CAD

1 XLM = ~0.1216 CAD

1 CAD = ~8 XLM

Ready to buy Stellar with your CAD? Use this XLM to CAD converter to see how much Stellar you can purchase. Convert XLM to CAD or CAD to XLM.

what is StellarLumen (XLM) is Stellar blockchain's native digital currency; the cryptocurrency focuses on being a low-cost payment choice for those without access to traditional banking in some of the world's poorest and remote areas. The Stellar Network offers low fees by utilizing XLM. XLM has a finite supply of 50,001,806,812.

authorJed McCaleb

documentsWhite paper

official websitehttps://stellar.org

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XLM	CAD
1 XLM	0.1216 CAD
5 XLM	0.608 CAD
10 XLM	1.216 CAD
25 XLM	3.04 CAD
50 XLM	6.08 CAD
100 XLM	12.16 CAD
500 XLM	60.8 CAD
1000 XLM	121.6 CAD
5000 XLM	608 CAD
10000 XLM	1216 CAD

CAD	XLM
1 CAD	8.22 XLM
10 CAD	82.23 XLM
20 CAD	164.47 XLM
50 CAD	411.18 XLM
100 CAD	822.36 XLM
500 CAD	4111.84 XLM
1000 CAD	8223.68 XLM
5000 CAD	41118.42 XLM
10000 CAD	82236.84 XLM
50000 CAD	411184.21 XLM

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Stellar Price(XLM/CAD)