Stellar Lumens is doing all the right moves

Stellar Lumens is doing all the right moves

The good news keeps very aggregating for Stellar Lumens and XLM token. This week’s adoption is by Coindelta Exchange."Stellar Lumens is doing all the right moves"

Coindelta is a trading platform for cryptocurrency based in India that offers high usability and secure wallets and the chance to trade in digital currency using the INR, India’s active fiat currency Exchange, popularly known as coindelta.com. It supports QTUM, NEO, XRP, Litecoin, EOS, Ethereum, Bitcoin, and listing this Monday (a couple of days ago), Stellar Lumens’ XLM.

It also offers secure wallets for customers to store their crypto coins and a purportedly lowest withdrawal fees. It includes a section for pro crypto traders that help the exchange of high volumes in minimal times. The Coindelta exchange promotes itself as the easiest way to buy, sell and store cryptocurrencies. The Coindelta platform includes a mobile app for both Android and iOS that allows users to manage their coins from a mobile phone.

Stellar Lumens is doing all the right moves

Signing up for CoinDelta is easy from most other exchanges. You sign up an account, verify your identification, make a deposit in Rupees and you start trading. One of the advantages in this exchange is that all the cryptocurrency it offers can be traded in fiat currency, which obviates the need to buy bitcoins first, as is the case in many of the world’s most important platforms such as Binance Exchange.

This Monday on November 26th, the CoinDelta team announced to its community it’s a delight for them to list Stellar Lumens XLM into Coindelta exchange. Deposits and withdrawals went online that same day, and trading started at 6:00 pm, Indian Standard Time. The announcement reminded prospective stellar XLM traders the rules of the game:

  • The withdrawal fee for stellar XLM will be 0.01.
  • Minimum deposit for stellar XLM is 1.
  • The number of blockchain transaction confirmations required is 1.
  • Recovery Fee for stellar XLM is 0.2.

The new listing is further progress for Stellar Lumens XLM, especially since Ripple XRP, its main rival, was already listed in this particular exchange. New crypto token listings create interest on the listed projects. More importantly, they increase trading volumes and demand for tokens that ultimately translates into higher value and price.

Also, this shows that Stellar Lumens is looking to make headway into Asian countries, which has not been an obvious thing. The project has been securing strategic partnerships all year long, but they have been mainly with companies and exchanges from the U.S. and Europe.

This is very relevant because many of the most active digital currency markets are in Asia. Not exactly in India, but in China, South Korea, and Japan. But Rome was not built in a day, and the Stellar lumen is doing all the right moves to ensure its token is available all over the planet and it has a presence of some kind in every important market in the crypto world.

As we write this post, the Stellar Lumens XLM token is priced at $0.1718 and trading in green candles up by 14.32% in the last 24 hours. It’s market capitalized at just above $3 billion and holds the 4th place in the rankings and it’s been threatening and taken away Bitcoin Cash BCH fourth place.

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