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Stellar Lumens (XLM) price spikes amid Coindelta listing - Global Coin Report
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Stellar Lumens (XLM) price spikes amid Coindelta listing

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Stellar
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The good news keeps aggregating for Stellar Lumens and XLM, it’s native token. This week’s adoption is by Coindelta.

Coindelta is a cryptocurrency exchange based in India that offers high usability and the chance to trade in digital assets using the INR, India’s fiat currency, popularly known as Rupee. It supports QTUM, NEO, XRP, Litecoin, EOS, Ethereum, Bitcoin, and starting this Monday (a couple of days ago), Stellar Lumens’ XLM.

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

Signing up for CoinDelta isn’t that different from most other exchanges. You create an account, verify your identity, make a deposit (in Rupees) and you start trading. One of the advantages in this exchange is that all the currencies 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.

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

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

The announcement went on by briefly explaining Stellar’s main features and provided a link to the Stellar Development Foundation website for those who wanted to dig deeper about the new option.

The exchange also announced the new coin through a tweet in its official Twitter account which reads:

The new listing is further progress for Stellar Lumens, especially since XRP, its main rival, was already listed in this particular exchange. New 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 Asia, which has not been an obvious thing. The project has been securing strategic partnerships all year long, but they’ve been mainly with companies and exchanges from the U.S. and Europe.

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

As we write this, the Stellar Lumens XLM token is priced at $0.1593 and trading in green numbers (up by 14.32% in the last 24 hours). It’s capitalized at just above 3 billion dollars (fifth place in the rankings) and it’s been threatening to take away Bitcoin Cash’s fourth place. Stellar is only about 300 million dollars away from the feat.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image Courtesy of Pixabay.

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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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Luxcore
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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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