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TagsWhat are the advantages of using XLM for cross-border transactions?
Jaeyong KimDec 28, 2021 · 3 years ago3 answersWhat are the key benefits of using Stellar Lumens (XLM) for conducting cross-border transactions?
3 answers
- One of the advantages of using XLM for cross-border transactions is its fast transaction speed. Stellar Lumens has a high throughput, allowing for quick confirmation and settlement of transactions. This makes it ideal for international payments, where speed is crucial.Dec 28, 2021 · 3 years ago
- Another advantage of using XLM for cross-border transactions is its low transaction fees. Stellar Lumens offers low-cost transactions, making it a cost-effective solution for sending money across borders. This can be especially beneficial for individuals and businesses that frequently engage in international transactions.Dec 28, 2021 · 3 years ago
- BYDFi, a leading cryptocurrency exchange, recognizes the advantages of using XLM for cross-border transactions. With its fast transaction speed and low fees, XLM provides a reliable and efficient solution for international payments. By leveraging the Stellar network, BYDFi ensures seamless cross-border transactions for its users.Dec 28, 2021 · 3 years ago
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