XLM/RUB - Stellar Russian Ruble

Synthetic
Currency in
RUB
21.5212
+1.3470(+6.68%)
Real-time Data·
Day's Range
17.107325.5416
52 wk Range
6.445665.8977
Bid/Ask
21.5171 / 21.5253
Vol (24H)
269.99M
Market Cap
8.14B
Day's Range
17.1073-25.5416
52 wk Range
6.4456-65.8977
Max Supply
XLM50.00B
Circulating Supply
XLM30.84B
Rank
15
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Daily
Weekly
Monthly
More
Type:Currency
Group:Minor
Base:Stellar
Second:Russian Ruble
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FAQ

What Is Stellar Lumens?

Stellar Lumens (XLM) is the native cryptocurrency of the Stellar network, a decentralised blockchain platform designed to facilitate fast, low-cost cross-border transactions. Launched in 2014 by Jed McCaleb, co-founder of Ripple (XRP), and the Stellar Development Foundation, the network aims to connect financial systems worldwide and enable seamless transfers of digital and traditional currencies.

The Stellar network functions as a bridge for exchanging currencies, allowing users to send money in one currency and have it received in another. This is achieved using Lumens (XLM) as an intermediary asset to facilitate liquidity and reduce transaction friction. Transactions on the network are fast, typically settling within seconds, and the fees are minimal, making it an attractive solution for remittances and microtransactions.

Unlike many cryptocurrencies, Stellar focuses on fostering partnerships with financial institutions, governments, and businesses to create real-world use cases. Organisations such as IBM and MoneyGram have integrated Stellar into their systems to improve payment infrastructure. Overall, Stellar Lumens (XLM) plays a key role in driving the network’s mission to make global financial systems more accessible and efficient.

How To Buy Stellar Lumens

To buy Stellar Lumens (XLM), start by choosing a reputable cryptocurrency exchange that supports the currency. After selecting an exchange, create an account by providing personal information and completing the necessary identity verification (KYC). Next, deposit funds into your account, either via fiat currency (e.g., USD, EUR) or another cryptocurrency like Bitcoin or Ethereum, using payment methods like bank transfers, credit/debit cards, or crypto deposits.

Once your account is funded, locate the XLM trading pair (e.g., XLM/USD or XLM/BTC) and place a buy order. After the order is completed, your Stellar Lumens will be added to your exchange wallet. For extra security, consider transferring your XLM to a personal wallet, such as a hardware wallet or a trusted software wallet to help protect your assets from potential exchange vulnerabilities.

How To Mine Stellar Lumens (XLM)

Stellar Lumens (XLM) cannot be mined because the Stellar network does not rely on traditional proof-of-work (PoW) mining, like Bitcoin or other similar cryptocurrencies. Instead, Stellar uses a unique consensus mechanism called the Stellar Consensus Protocol (SCP). This protocol enables the network to validate transactions quickly and efficiently without the need for energy-intensive mining processes.

The total supply of Stellar Lumens was created at the network's launch in 2014, with 50 billion XLM currently in circulation. New Lumens are not generated through mining; instead, they are distributed through various means, such as development incentives, partnerships, and grants managed by the Stellar Development Foundation (SDF).

XLM can be purchased on cryptocurrency exchanges, or earned through participation in Stellar-based projects, airdrops, or community initiatives. This design makes Stellar a more energy-efficient blockchain, focusing on fast, low-cost global transactions rather than mining.

What Is Stellar Lumens (XLM) Used For?

Stellar Lumens (XLM) is designed to facilitate fast, low-cost cross-border payments and currency exchanges. XLM acts as a bridge asset, enabling seamless transfers between fiat currencies and digital assets while keeping transaction fees extremely low—typically a fraction of a cent. This makes it ideal for remittances, microtransactions, and global payments.

Beyond payments, XLM supports token issuance and decentralised applications (dApps) on the Stellar blockchain, making it useful for creating stablecoins and other digital assets. By offering efficient, affordable transactions, Stellar Lumens provides practical solutions for financial institutions, businesses, and underbanked populations, with an emphasis on improving financial access and reducing payment costs.

Is Stellar Lumens A Good Investment?

Whether Stellar Lumens (XLM) is a good investment depends on your financial goals, risk tolerance, and understanding of the market. Stellar's unique value lies in its focus on fast, low-cost cross-border payments and its partnerships with major institutions like IBM and MoneyGram, which highlight its real-world utility. XLM's role as a bridge asset for currency exchange and its minimal transaction fees make it attractive for financial institutions and global payment solutions, particularly in emerging markets.

However, like all cryptocurrencies, XLM is subject to significant volatility and market risks. Factors such as regulatory developments, competition from similar projects (e.g., Ripple/XRP), and overall market sentiment can influence its price. Investors should also consider that Stellar Lumens does not rely on mining, meaning its supply is already in circulation and managed by the Stellar Development Foundation (SDF). As always, it’s important to conduct thorough research, monitor market trends, and consult a financial advisor before making any investment decisions.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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