Investment #3 Stellar XLM STR Coin. Think of Stellar as the ATM of Cryptocurrency allowing for crossborder payments. This coin is currently in the top 10 for market cap and growing. They have already formed many strategic partnerships one being with IBM. I really like this coin with any entry point below $1. This coins current symbol is XLM but some exchanges are still using the old symbol STR.
Investment Opened At: $0.52
Units: 10,000 TARGET (8400 with Plan on acquiring 10k)
Date: 01-30-2018
Purchase At: Poloniex
What is Stellar?
Stellar Lumen (Symbol: XLM) is a digital currency used as an exchange of the Stellar payment network. The coin used to has the Ripple consensus protocol basis but then was developed with the Proof-of-Stake algorithm and supply 100 billion Stellars (annual inflation: 1%). It is a distributed, hybrid blockchain employing fully open-source to facilitate cross-asset transfers of value, notably payments. With Stellar Network, users have the opportunity to participate in an open, global financial network.
What makes Stellar stand out is that it does not support desktop clients, and all activities are carried out through its web wallet. Moreover, a new account requires a long-term user with at least 20 Stellars sent and a Facebook account.
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**DISCLAIMER**: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.
Edited With : Camtasia
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