Assets
Crypto Deposit
Fiat Deposit
Convert
Transfer
Withdraw
My vouchers
Fund history
Dashboard
Account Security
Identity verification
API Management
Transaction Report
Log out
Register
Cryptocurrency Q&A What is XLM backed by?

What is XLM backed by?

BlockchainWizardGuard BlockchainWizardGuard Wed Dec 04 2024 | 6 answers 1111
I'm trying to understand what assets or reserves back the value of XLM, the cryptocurrency. I want to know if it's backed by any physical commodity, another digital asset, or if its value is solely based on market speculation and demand. What is XLM backed by?
xlm backed by cryptocurrency

0 answers

Related questions

  1. Which is better to invest, XRP or XLM?
  2. Is XLM backed by silver?
  3. Is XLM a Bitcoin?

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Download on the App Store GEI IT ON Google Play

Get started today Scan to join our 100M+ users

Topics at Cryptocurrency Q&A

cryptocurrency bitcoin crypto buy price question definition worth how to what is

The World's Leading Crypto Trading Platform

Get my welcome gifts

Exchange for a better future

Products
Services
Guides
About Us
Terms & Agreement
Customer Service

Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

The world’s longest-running cryptocurrency exchange since 2011 © 2011 - 2026 BTCC.com. All rights reserved