What is Stellar Lumens?

Stellar was born out of the idea of wanting to support digital representations of any currency. However, over time, it also has its own built-in token, called the lumen. By it’s design, Stellar requires that your account holds at least a small number of lumens at all times.

Why Buy Stellar Lumens?

The Lumens were born out of the need to keep the Stellar network safe, efficient and fast. Without a nominal barrier or cost, the Stellar ledger could become filled with spam or nonsense. Thus keeping a minimum number of Lumens in the system ensures that the system is up and running without a problem.

Today, there are over 4.3 million Stellar accounts, and each of them uses lumens to meet minimum balance requirements and pay transactions fees which makes the potential demand for Lumens very lucrative.