*In our previous post [here](https://steemit.com/xrp/@aftabkhan10/is-it-possible-to-take-one-centralized-cryptocurrency-xrp-and-turn-it-decentralized), we were discussing about Stellar, today I am going to cover a little more about Stellar.*

Stellar is a universal platform for exchanging any assets in real time. The internal network currency is called XLM or Lumens with a currency you can quickly exchange one  asset for another at any distance.
<center>![Capture.PNG](https://ipfs.busy.org/ipfs/QmRndnY2PA4VMEPnmAaAKKmmSYwEBoboruxgf8YiECZL93)</center>


The system works thanks to the anchor services that convert the financial assets, say U.S dollars into XLM tokens. Then the cryptocurrency is sent to the recipient and the reverse conversion is carried out.

The Stellar network can also be used as a regular cryptocurrency for payments such as Bitcoin. 

Stellar also has it's own smart contracts. They are inferior in functionality to the Ethereum contracts but they are sufficient for holding ICO. Many companies choose this platform because it offers high performance and cheap transactions, and at the end of September 2018, the decentralized exchange Stellar X was launched. It provides commission free trading and supports Fiat currencies.

# <center> Follow @aftabkhan10</center>
<center>![My Gif.gif](https://cdn.steemitimages.com/DQmPQDsmMYP3Cinap6LjSq76RVDauMkmhJXv6rNwvgy3qn5/My%20Gif.gif)</center>

# OTHER READS

- [Is it Possible to Take One Centralized Cryptocurrency XRP and Turn it Decentralized?](https://steemit.com/xrp/@aftabkhan10/is-it-possible-to-take-one-centralized-cryptocurrency-xrp-and-turn-it-decentralized)
- [Major U.S Hospital to Use Blockchain | Crypto Lending Services in Australia | Coinbase Offers Zcash Trading](https://steemit.com/cryptocurrency/@aftabkhan10/major-u-s-hospital-to-use-blockchain-or-crypto-lending-services-in-australia-or-coinbase-offers-zcash-trading)
- [Downsizing Steemit Employees by Ned: It's Going To Work?](https://steemit.com/steemit/@aftabkhan10/downsizing-steemit-employees-by-ned-it-s-going-to-work)
- [Is Network Transaction Volume One Way To See Whether a Coin is Worth Investing In?](https://steemit.com/cryptocurrency/@aftabkhan10/is-network-transaction-volume-one-way-to-see-whether-a-coin-is-worth-investing-in)
- [STOs (Security Token Offerings)](https://steemit.com/sto/@aftabkhan10/stos-security-token-offerings)
- [Altcoins Going to Die?](https://steemit.com/altcoins/@aftabkhan10/altcoins-going-to-die)
- [Are we Seeing More Decline in Bitcoin Price in Coming Months?](https://steemit.com/bitcoin/@aftabkhan10/are-we-seeing-more-decline-in-bitcoin-price-in-coming-months)
- [Malicious Code Into BitPay's Wallet](https://steemit.com/malicious/@aftabkhan10/malicious-code-into-bitpay-s-wallet)
- [SEC and Unregistered Securities Known as ICOs](https://steemit.com/cryptocurrency/@aftabkhan10/sec-and-unregistered-securities-known-as-icos)
- [Increased interest in the price of BITCOIN on Google Trends](https://steemit.com/bitcoin/@aftabkhan10/increased-interest-in-the-price-of-bitcoin-on-google-trends)
- [BRAVE BROWSER: An Open Source Project That Actually Has Cryptocurrency Backing](https://steemit.com/bravebrowser/@aftabkhan10/brave-browser-an-open-source-project-that-actually-has-cryptocurrency-backing)
- [Still We Need Lessons To Learn in Crypto](https://steemit.com/cryptocurrency/@aftabkhan10/still-we-need-lessons-to-learn-in-crypto)
- [STABLECOIN:: Do We Really Need STABLECOIN?](https://steemit.com/cryptocurrency/@aftabkhan10/stablecoin-do-we-really-need-stablecoin)
- [You Have Probably Heard of These Four Ways To Do BITCOIN TRADING](https://steemit.com/bitcoin/@aftabkhan10/you-have-probably-heard-of-these-four-ways-to-do-bitcoin-trading)
- [Belarus Seeking South Korean Investors Interested in BLOCKCHAIN](https://steemit.com/cryptocurrency/@aftabkhan10/belarus-seeking-south-korean-investors-interested-in-blockchain)