Buy Stellar (XLM) in India

About Stellar

Jed McCaleb, founder of Mt. Gox and co-founder of Ripple launched Stellar Network. The Stellar Development Foundation (SDF) is a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network. Stellar Development Foundation motive is to make money more fluid and empower people. Stellar lumens, abbreviated as XLM, is the protocol token of the Stellar network.

Why buy Stellar (XLM)

Stellar Lumens popularity is increasing every day, currently its ranked 10th on coinmarketcap.com with market capitalization of well over $1 Billion. Lumens is the network token. Owning the Stellar Lumen coin makes it easier to facilitate trades between currencies that are less liquid. A fee of 0.00001 XLM (almost nothing) is charged to senders for each operation in a transaction. This is purely intended to discourage DDoS attacks, which occur when people flood the network with meaningless transactions.

Buying Stellar on Colodax

Not many exchanges around the world list Stellar Lumens, whereas Colodax listed stellar within the first week of its launch. At Colodax you can buy Stellar lumens in INR. Also, Colodax is the most innovative Cryptocurrency Exchange in India were you get Instant INR deposits and withdrawals because of its unique Broker-to-Trader concept.