Exchange Stellar Lumens to BitTorrent | FixedFloat
Lightning cryptocurrency exchange
Stellar is a publicly available decentralized marketplace with various assets in circulation. The platform also has its own open source cryptocurrency Stellar Lumens (XLM).
The currency is based on the Stellar Consensus Protocol (SCP), which is similar in principle to the BFT protocol of the Ripple platform, but has a significant difference — all network validators are equivalent, there are no central control nodes in the blockchain. XLM coin is more decentralized than Ripple, but less decentralized than Proof-Of-Work cryptocurrencies (such as Bitcoin and Ethereum).
What is a Memo and do I need to specify it?
When sending XLM, there is an additional Memo field. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient. Be sure to include it when paying for the order.
If you forgot to enter a Memo or entered it incorrectly, write to our technical support. We will solve this problem.
Stellar Lumens network speed and fees
XLM is considered to be a fast blockchain. The transaction is confirmed in a few seconds. The fee is very small, on average 0.00001 XLM.
A brief history of BitTorrent
BitTorrent is a token based on the TRC10 protocol, which was created in 2019 by the founder of TRON cryptocurrency, Justin Sun. BTT’s goal is to motivate users to maintain network bandwidth. Users who store files on their computers and speed up the network should be rewarded with BTT coins.
Transaction processing speed
The TRON network is capable of processing around 1500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer. As the number of active nodes increases, this time may change.
exchange in 3 easy steps
- Enter the desired amount of Stellar Lumens and write your wallet address to receive currency.
- Click the “Exchange now” button and you will be taken inside your order.
- Send Stellar Lumens to the address from your order, after the required network confirmation, BitTorrent will be sent instantly.