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How to Get Your Free Stellar Lumens

Our current global financial infrastructure has one major weakness: communication. We have a lot of different currencies and an even greater number of different payment systems. Think of the Tower of Babel: everyone speaks a distinct mother tongue, so they have a hard time understanding each other.

A lot gets lost in translation, making moving money from point A to point B slow and expensive. 

Stellar’s mission is to unite the proverbial Tower of Babel so money can flow quicker at lower costs between banks, businesses, and people. Neither a bank nor a business, Stellar aims to do to money what the Internet did with computers.

Stellar Lumens or XLM is this blockchain’s native cryptocurrency. It has grown to be one of the most popular crypto coins and the biggest altcoin by market cap.

Interested in adding XLM to your portfolio but don’t know where to start? Read on to know how you can secure lumen tokens for free at zero risk to you.

What is Stellar?

Stellar is a decentralized, open-source network that facilitates cross-asset transfers of value. It helps transfer crypto to fiat and vice versa at a fraction of a penny. Stellar does so by running a network of decentralized servers with a distributed ledger. This ledger gets updated every two to five seconds. 

The value of this blockchain network lies in its ability to confirm transactions within seconds. But how is it able to accomplish this? With Stellar Consensus Protocol (SCP), everyone on the network can reach a consensus on a transaction’s validity within seconds.

How to Get Stellar Lumens (XLM)

The Stellar blockchain’s native digital currency is called Lumens or XLM. These crypto coins serve as the foundation of the network. Lumens are often used to pay transaction fees on the network. It also acts as the intermediate currency that enables users to execute trades cheaply and almost instantly. 

Lumens can’t be mined nor are they awarded to nodes by the protocol over time. If you want to buy this asset, you must go on legit exchanges that list XLM such as Coinbase, Kraken, Binance, Bittrex, and more. In addition, you can also buy Lumens directly on Stellar’s native exchange, Lobstr.

Before you do any investing, you must first gauge two things. One, how has this crypto coin performed up to this point? Second, what is its potential?

Stellar burned 50% of XLM to trim the supply and there are currently no plans of creating more. While this might cast a shadow of a doubt, it is also crucial to know that its limited quantity will further drive up the demand for it. Rarity only increases the value of crypto coins, making Lumens a great asset to buy and hold.

Watch Out for Crypto Scams

Investing in Stellar might seem to be a wise financial move. But with the reality of the highly volatile crypto market, a lot can change overnight. The higher the rewards, the higher the risk, too. If you are a beginner at investing in Stellar or any other crypto, you must be prepared to lose money. Crypto isn’t for the faint of heart. 

If you have no extra cash you can afford to lose, you might be tempted to go on Google, research some websites offering free crypto with no strings attached. However, everything has a price. If you don’t know what they are getting in return, you might unknowingly be the product. Before you transact with these scam websites, think about whether it is worth the hassle of dealing with cyber attacks, identity theft, and other online hacks. You might end up losing even more money this way.

But all is not lost. With trusted reward sites such as FreeCryptoRewards, you have a 100% guaranteed secure way of getting Lumens (XLM) without having to pay a single penny. Here’s how.

Earn Stellar Lumens with FreeCryptoRewards

Complete simple marketing research tasks such as answering survey questions, watching videos, and completing offers. Each task you finish earns you points. You get even more points every time you successfully refer a friend. 

Here’s the fun part: you can use these points you’ve earned to receive Lumens, cash, or any other available cryptocurrencies like MINA or cardano. Quick and simple, just the way we like it. Just the way it should be.

Your crypto rewards will be deposited directly into your Coinbase wallet. Instead of doing the tasks you normally do for free, you can get paid via crypto or cash instead. In just a few minutes, you can diversify your portfolio and start investing at virtually no risk.

Participate and learn the ins and outs of the crypto market without risking your actual money. 

Claim Your Lumens Right Away!

Be careful when transacting with shady sites that promise you the world. Nothing is worth the hassle of dealing with online hacks.

An accredited reward site like FreeCryptoReward provides you with legit ways of acquiring Lumens (XLM) without having to pay any money. Get paid with crypto coins by completing simple tasks that only take less than a few minutes.

Sign up today for free and turn those points into Stellar crypto as early as today!