What Is Stellar?

Stellar is a cryptocurrency created for low-fee transfers. This digital asset is designed to send money across borders quickly and at a very low cost. Like Ripple, Stellar mainly targets the banking industry. They both share the same ideas: working with the banking industry, and not trying to overthrow it. Their customized payment infrastructure can be used for remittances, mobile payments, microtransactions, and more.

Purposefully focusing on the banking sector, Stellar can provide many major advantages. The speed of its transactions takes 2-5 seconds. Combined with very low fees, it can effectively compete with other organizations offering remittance services worldwide. That’s why NOWPayments is excited to greet Stellar among the supported currencies.

NowPayments is a gateway for crypto payments that supports all of the major currencies. Every week brings new coins to pay with, i.e. new options to implement crypto on your service. Our API is designed to guarantee a quick deploy on your website or service and ensure instant funds withdrawal.

Other NOWPayments advantages include:

  • The instant auto conversion that will save you from rate fluctuations.
  • The widest among competitors range of coins with the support of ChangeNOW.
  • Simple, transparent and hassle-free API.
  • Convenient dashboard and store settings.
  • Custody-free service with no hidden fees.
  • Reliable support agents are online 24/7.
  • Quickstart on this page!