Dear users,

XLM will be launched on FAMEEX on August 19, 2020 (SGT). Deposits will be available from 16:00, August 19, 2020 (SGT). XLM/USDT, XLM/BTC and XLM/ETH trading will be available from 18:00, August 19, 2020 (SGT). Withdrawals will be available from 18:00, August 19, 2020 (SGT).

XLM (Stellar) Introduction

The Stellar network is an open-source, distributed and community-owned blockchain network used to facilitate cross-asset transfers of value. Stellar aims to facilitate these transfers at a fraction of a penny, while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. The native digital currency of the Stellar network is known as Lumens (XLM). Every Stellar account is required to hold a small amount of Lumens to act as a barrier against spamming the Stellar payments system. Through the use of Lumens, a user can send any currency that they own to anyone else in a different currency. Stellar also supports smart contracts.

FAMEEX team

August 19, 2020