STELLAR (XLMUSD) is a decentralized blockchain platform that facilitates fast and secure transactions between individuals and institutions. Its mission is to provide a low-cost, efficient, and accessible financial infrastructure for everyone, regardless of their location or financial status. Lumens (XLM), the platform's native cryptocurrency, is used as a means of exchange and to facilitate cross-border payments. Stellar's unique consensus algorithm enables quick transaction processing times, making it an ideal solution for micropayments and remittances. Additionally, the platform offers a range of tools and services for developers to build decentralized applications (dApps) on top of the Stellar network. With its focus on financial inclusion and accessibility, Stellar is poised to revolutionize the way we think about money and financial services.

Instrument specification in OANDA

Minimum order value 500.000
Description Financial Instrument which price is based on contract for exchange rate of STELLAR to US dollar quoted on the cryptocurrency exchanges
Maximum order value 80000.000
Transaction Step 500.000
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-23:00, 23:05-24:00;friday 00:00-22:00;saturday 09:00-23:00, 23:05-24:00
Contract size / 1 lot Price of 1 STELLAR * 1 USD
Deposit required 50%
Value of 1 pip 0.00010
Financial leverage 2:1
Minimal step 0.00001
Long swap (daily) -0.09792%
Short sale YES
Short swap (daily) -0.06953%
Distance SL and TP 0
3-day swap (date) 5

Historical spreads chart XLMUSD

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