A great news for Indian traders – Stellar Lumens [XLM] can now be purchased using Indian Rupees through a New Delhi-based Exchange platform, BuyBitcoin.
It is an Indian exchange platform that has listed many cryptocurrencies with various other features. Users can buy/sell and trade more than 30 coins listed on the platform with live trading 24/7 and without any buy-sell price difference. Anybody can now directly buy XLM in India using the national currency through the Indian exchange without having to worry about high foreign exchange fee and taxes.
Sarvottam, a day trader from India tweeted happily:
Yay! Finally, we are looked up to. Great listing BuyBitcoin, I can’t thank you enough. Awesome keep improving and make us proud. I hope the services are convenient and hassle-free.”
Stellar Lumens [XLM] hasn’t moved in either direction from its 8th position since a very long time which is why market enthusiasts call it a stable coin. Stellar has been part of huge partnerships and has been doing great in terms of technology.
Stellar Lumens tweeted a while ago:
“Bitcoin & Ethereum still lead far ahead with million-dollar daily trading volumes, followed by Ripple and Stellar still playing catch up.”
Stellar has had over $400,000 trading volume at fiat-centric CEX today. XLM can be traded using USD/EUR/GBP/RUB/BTC while the biggest trading volume is still Binance, with about $20 million summed up for today. This is followed by the Korean KRW market Upbit, US-based exchange, Poloniex, and Bittrex.
Stellar has some great deals coming up soon:
- Several non-profit organizations and businesses are implementing Stellar as a financial infrastructure, particularly in the developing world. Praekelt Foundation is an example of this. They will be integrating Stellar into Vumi, its open-source messaging app. This will let young girls in Sub-Saharan Africa save money in airtime credits.
- Oradian is a cloud-based banking software company which plans to connect microfinance institutions [MFIs] in Nigeria through the Stellar network.
IBM and payments network KlickEx had announced Stellar as the backbone of its new “cross-border payments solution” the last year, according to the BuyBitcoin’s official website.