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Why does nobody ever talk about XLM? The transfer fees to go from crypto to crypto are so insanely low.

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by COINS NEWS 236 Views

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.

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.

submitted by /u/overprotectivemoose
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