Facts About Stellar Lumens Crypto That You may Not Know

 Lumens (XLM) are the native asset of the Stellar network same as Ripple XRP. Steller Lumens is a underdog crypto with respect Ripple it does not get much attention like XRP got but it is a good crypto for financial transaction. It's recent benchmark is to collaborate with IBM which makes it highlighted in the Crypto market not only that companies that use Stellar Network are Deloitte , Stripe , Le.com etc you can see their complete partner directory on https://www.stellar.org/

The difference between Ripple and Stellar is Ripple is targeting big financial Institution like American Express therefore it is in news most of the time on the other hand Stellar is focused on A Micropayments and Remittances. one thing which makes Stellar  different from Ripple is it is Open Source and Non-Profit Organization and is made with motto to provide fast and cheap transaction at very low cost to people as well as big organization.

People always have fear about XRP price that company can manipulate price of XRP in Future that is not Going to happen with Stellar. The Stellar network is free to use. The code is open source, with an Apache license. Transaction cost of Lumens is very cheap  it is currently set as  0.00001 XLM . 

Stellar is based on a consensus algorithm rather than mining. This means transactions confirm in a few seconds around 2-5 second which is very competitive with Ripple XRP. 

Stellar also have big partner like XRP for Example India's largest private sector bank uses Stellar Network for Cross Border Payment and they working hard to to increase their partner. 

I believe that Stellar will grow because of the strong team behind it , if you look at their team member , board of director and advisor then you will find that they have best talent and best advisor they will definitely take Stellar to the next level.

you may have question in your mind that if Ripple is there for faster transaction then why stellar will grow answer of this question is simple it is like doing business in the same marker as other companies does for example Pepsi and Coke.

Stellar lumens is available on all major exchange like Binance, Bittrex and OKEx.  The supply of lumen increases at a fixed rate of 1% a year.

Disclaimer-: this is not investment advice as Crypto market is very volatile do your own study before buying any Crypto.