Stellar (XLM)

$0.1591-0.63%
Market Cap: $5.31B
24h Volume: $69.8M

Trade XLM on EIDEX with fees from 0.1%

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Check the Stellar price right now and trade XLM on EIDEX with a live price chart, low fees, and ruble P2P access. The XLM price today updates in real time on this page.

What Is Stellar Crypto

Stellar is a cryptocurrency project that refers to an open-source, decentralized payment network created for fast and affordable cross-border transactions.

Stellar is a payment-focused blockchain launched in 2014 by Jed McCaleb, one of the co-founders of Ripple. The network was designed to connect banks, payment systems, and people for low-cost cross-border transfers. Stellar is maintained by the non-profit Stellar Development Foundation (SDF).

Decentralization is defined as the distribution of control and decision-making across a network of independent participants rather than a single central authority.

What Are Stellar Lumens (XLM)

Stellar Lumens (XLM) is defined as the native cryptocurrency of the Stellar network, used for transaction fees, account minimums, and as a bridge asset between currencies.

XLM serves several core purposes. Every transaction on Stellar requires a small XLM fee — typically a tiny fraction of a cent. Every account must hold a small reserve of XLM. And XLM functions as a bridge currency for converting between different assets when no direct pair exists.

A bridge currency is defined as an intermediary asset used to facilitate the exchange between two other currencies when a direct trading pair is unavailable.

How Stellar Works

Stellar operates on a unique consensus mechanism called the Stellar Consensus Protocol (SCP), which is distinct from both proof-of-work and proof-of-stake. Transactions confirm in 3-5 seconds, fees are extremely low, and the network consumes far less energy than PoW blockchains.

Stellar Consensus Protocol is defined as a federated Byzantine agreement algorithm that allows the Stellar network to reach consensus quickly and efficiently without mining or staking.

Stellar uses anchors — trusted entities that hold deposits of real-world assets and issue corresponding tokens on the blockchain. It also supports path payments, automatically finding the best route to convert one asset into another across multiple intermediate assets.

Stellar Chart and Price History

The Stellar chart on EIDEX displays real-time candle data across multiple time frames. Since launching in 2014, XLM prices have reflected key milestones: the 2017 bull run, partnership announcements with IBM and MoneyGram, and broader market cycles.

Price history is defined as a record of past price movements for an asset over a given period, used for technical analysis and trend evaluation.

XLM to USD — Real-Time Tracking

The most widely referenced conversion is XLM to USD. On EIDEX, XLM is quoted against USDT, providing a close equivalent to the dollar price with real-time updates.

USDT is defined as a stablecoin pegged to the US dollar, commonly used as a base trading pair on cryptocurrency exchanges.

How to Buy Stellar

Create an account on EIDEX, complete KYC verification, and deposit funds via P2P ruble gateway or crypto. Navigate to the XLM trading page, enter your amount, and confirm. Learn more in our guide to buying cryptocurrency.

P2P trading is defined as a method where buyers and sellers exchange assets directly with each other, often using an escrow service for security.

How XLM Trading Works

XLM trading on EIDEX is available 24/7. Select the XLM/USDT pair, choose between market or limit order, and submit. The Telegram Mini App provides full trading access on mobile.

An order book is defined as a real-time list of open buy and sell orders for a specific trading pair, organized by price level.

Why Trade Stellar on EIDEX

EIDEX combines low costs, strong security, and convenient access. Trading fees start at 0.1%. Ruble P2P gateway provides direct fiat on-ramp. All accounts are KYC-verified.

Key Takeaways

  • Stellar (XLM) is an open-source payment network launched in 2014 for fast, low-cost cross-border transactions
  • Stellar Lumens serve as transaction fees, account minimums, and bridge currency between assets
  • Stellar Consensus Protocol enables 3-5 second settlement without mining or staking
  • Track live XLM price and chart on EIDEX with fees from 0.1% and ruble P2P access
FAQ
What determines the XLM price today?

The Stellar price is influenced by remittance corridor activity, stablecoin usage on Stellar, institutional partnerships, network upgrades, and overall crypto market sentiment.

How can I view the Stellar chart on EIDEX?

The live Stellar chart is available directly on the XLM trading page with candle data across multiple time frames and real-time updates.

How to buy Stellar with rubles?

On EIDEX, deposit rubles through the P2P gateway and buy XLM directly. Register, complete KYC, fund your balance via P2P, and place your order.

What are Stellar Lumens used for?

XLM pays for transaction fees, serves as minimum account balances, and acts as a bridge currency for converting between different assets on the Stellar network.

What fees does EIDEX charge for XLM trading?

XLM trading fees on EIDEX start from 0.1% with transparent pricing. Track the Stellar price 24/7 through web and Telegram Mini App.

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