How to Convert XLM to BNB
Choosing a way to convert XLM to BNB is easy now with Rubix. Our platform is the best way for investors to convert XLM to BNB. Rubix allows its users to make this trade at the click of a button, with minimal transaction fees. Both XLM and BNB have emerged as popular choices for crypto investors over recent years, and we are happy to say we support both of them on our exchange. In the past, XLM to BNB conversions were difficult to complete effectively and safely. However, thanks to Rubix, it is now easier than ever to make these transactions.
About XLM & BNB
What is Stellar?
Stellar is an open source, decentralized payment network that facilitates transfers from digital currencies to fiat currencies. The protocol on which the Stellar network operates allows low-cost transfers which are designed to be a cost-effective means of completing cross-border transactions between any given pair of currencies. Behind the Stellar protocol is an organization based in Delaware, the Stellar Development Foundation, which received funding from a variety of huge names in the finance and tech industries including Google and BlackRock. In 2018, Stellar partnered with TransferTo so the network could complete payments to 70 countries. Also, around this time Stellar also became the first ledger of its kind to obtain a Shariah-compliance certificate. Investors in cryptocurrency look set to continue to gravitate to Stellar Lumens (XLM) as the Foundation works hard to have the network partner with more global businesses.
What is Binance Coin?
BNB, or Binance Coin, is the native token of the Binance network. It was founded in 2017 and raised $15 million during its initial coin offering. The primary uses of BNB include paying for cryptocurrency transactions on the Binance network, paying credit card repayments, and acting as collateral for cash loans on certain platforms. BNB was originally hosted on the Ethereum blockchain before being moved to its own protocol after interest in the network dramatically increased. To help Binance maintain its value over time, the exchange outlined its plans to use 20% of its profits to buy back and burn Binance Coin. This quarterly burn is set to continue until 100 million Binance Coins have been repurchased and destroyed. Investors choose to purchase BNB because of its number of real world uses that are set to increase over coming years.
Convert XLM to BNB using Rubix
With Rubix, investors can convert XLM to BNB almost instantly. Our team works around the clock to help your transactions process as quickly as possible with low fees. Every transaction that we facilitate is protected by our leading security and encryption protocols. Our intuitive platform facilitates a fantastic range of crypto and fiat currency conversions all of which are offered at the most accurate market prices. Rubix aims to continue working at the forefront of the cryptocurrency sphere for the foreseeable future and be the go-to platform for converting XLM to BNB for many years to come.