1 XLM = ₺7.15 Turkish Lira 1 TRY Turkish Lira = 0.1398 XLM
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View ChartStellar is an open-source blockchain network designed to facilitate swift and cost-effective cross-border payments and asset transfers. Launched in 2014 by Jed McCaleb (co-founder of Ripple) and Joyce Kim, its aim was to build a more inclusive and accessible financial system.
The network is supported by the Stellar Development Foundation (SDF), a non-profit organisation that oversees its ongoing development and adoption. The SDF’s responsibilities include maintaining Stellar’s open-source code, promoting ecosystem growth, and advancing financial inclusion by supporting applications such as remittances and asset tokenization.
Soroban is Stellar’s smart contract platform. Soroban contracts are written in the programming language Rust and compiled into WebAssembly (Wasm), a lightweight format designed for fast and secure execution across many environments.
Traditional Stellar accounts use a system of base reserves, requiring small minimum balances of XLM to prevent the ledger from being filled with unused entries. Soroban introduces a rent-based model, where contracts pay fees according to how much storage they consume and how long it remains active.
This approach allows developers to build applications like lending platforms and asset management tools while maintaining efficient resource use and benefiting from Stellar’s fast and low-cost base layer.
Anchors are trusted entities like banks, fintech companies, or payment providers that serve as Stellar’s on- and off-ramps. They accept deposits in fiat currency like U.S. dollars or Euros and issue equivalent tokens on the Stellar network. These tokens can be transferred globally in seconds and redeemed back into fiat currency through the same or another anchor. This makes Stellar suitable for cross-border payments and remittances, where speed and lower costs are a priority.
The XLM token is the native utility token of the Stellar protocol. It is used within Stellar’s infrastructure and ecosystem for a variety of purposes, including:
Bridge currency: XLM can act as an intermediary asset between two currencies that do not have a direct trading pair, supporting efficient cross-currency transactions.
Transaction fees: Every transaction requires a small fee in XLM, which helps prevent spam on the network and ensures transactions can be prioritized during periods of high activity.
Minimum balances: To keep an account active on Stellar, users need to hold a small balance of XLM. The requirement increases as the account adds more features like trustlines or offers.
Smart contracts: On Soroban, XLM is used to pay rent for storing smart contract data on the ledger.
The easiest way to buy XLM token is through a crypto exchange like BTCC. BTCC makes purchasing XLM token easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first XLM token purchase, register with BTCC today!
Trading XLM/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or XLM into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the XLM/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Yes, absolutely. BTCC supports multiple methods to gain exposure to Stellar(XLM) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Stellar directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the XLM/TRY spot trading pair using market or limit orders, taking direct ownership of the XLM.
Trade XLM/TRY Futures: For more advanced strategies, you can trade XLM/TRY perpetual or dated futures contracts. This allows you to speculate on Stellar's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your XLM to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the XLM/TRY trading pair.
Input the specific amount of Stellar you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the XLM you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The XLM/TRY exchange rate is the current market price at which 1 Stellar(XLM) can be exchanged for TRY. Put simply, it tells you how many TRY one Stellar is worth at any given moment.
Currently, one Stellar is ₺7.15. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Stellar (XLM) in TRY is constantly changing. To get the live price, please check the market data section at the top of our platform or visit our XLM to TRY converter.