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Stellar Lumens (XLM) is the native currency for the Stellar network platform, which is also known as an open source blockchain payment system with the purpose of providing fast and affordable cross-border transactions. With the handy distributed payments network, transactions under Stellar may be processed within a speedy duration of 2 to 5 seconds. By leveraging on its cheap transaction costs, developing markets are able to capitalise and connect with financial institutions via the blockchain platform. Lumens XLM essentially plays a dual role - that of facilitating multi-currency transactions by acting as a bridge between currencies without a significantly large market, and also helps to prevent spam and DOS attacks.
The current cryptocurrency market is a vibrant and lively scene flooded with new entrants, and it might be exhausting or even confusing to keep track of all the latest developments. Here at FAMEEX, we promise to bring the news to you. Be it today’s XLM coin news, updates on Bitcoin price fluctuations or Ethereum related developments - we at FAMEEX will do our utmost to assist you so that you will be well equipped with the knowledge to beat the markets and maximise your profits. Be the first to know about it, when you read it here with FAMEEX.
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