Stellar (XLM)

Lumen - XLM is a digital currency of the Stellar network. Stellar payment protocol connects banks, payment systems and people allowing for instant, extremely cost-effective money transfers regardless of currency conversion and location. XLM serves as a mean of payment and “fuel” for the Stellar network. A simple transaction on the network costs 0.00001 XLM, meaning that 1 USD worth of Lumens would cover the cost of about 400 000 transactions.

Link to the project website:

• https://www.stellar.org/lumens/

Minimum withdrawal values for cryptocurrencies: 0.1 XLM

Provision charged on withdrawals: 0.005 XLM

Number of confirmations: 20

You can check the number of confirmations for your transfer using a search engine on the pages below:

• https://stellarscan.io/

• https://dashboard.stellar.org/