11-07-2021, 07:12 AM
Why does nobody ever talk about XLM? The transfer fees to go from crypto to crypto a
<!-- SC_OFF --><div class="md"><p>So today I bought XLM on coinbase and sent to my hot wallet to exchange for BNB. All said and done, the transfer fees cost me a tiny fraction of a cent. But from I can see, the cost to exchange XLM for many different cryptos is still just a small fraction of a cent. </p> <p>So my question is why is XLM so stagnant and never talked about? It's use case is very unique in that it makes transaction fees negligible. I would think that a crypto like this would be pretty popular. If I needed to go, for example, from bitcoin to etherium, it would probably be cheaper if I went from BTC ---> XLM and then XLM ----> ETH instead of just directly BTC to ETH.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/overprotectivemoose"> /u/overprotectivemoose </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qo3vsn/why_does_nobody_ever_talk_about_xlm_the_transfer/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qo3vsn/why_does_nobody_ever_talk_about_xlm_the_transfer/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So today I bought XLM on coinbase and sent to my hot wallet to exchange for BNB. All said and done, the transfer fees cost me a tiny fraction of a cent. But from I can see, the cost to exchange XLM for many different cryptos is still just a small fraction of a cent. </p> <p>So my question is why is XLM so stagnant and never talked about? It's use case is very unique in that it makes transaction fees negligible. I would think that a crypto like this would be pretty popular. If I needed to go, for example, from bitcoin to etherium, it would probably be cheaper if I went from BTC ---> XLM and then XLM ----> ETH instead of just directly BTC to ETH.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/overprotectivemoose"> /u/overprotectivemoose </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qo3vsn/why_does_nobody_ever_talk_about_xlm_the_transfer/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qo3vsn/why_does_nobody_ever_talk_about_xlm_the_transfer/">[comments]</a></span>Kind Regards R