NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

The First Lumens ATM is Introduced in Singapore

newsbtc
newsbtc
7 years ago
2 mins read
Lumnes

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Cryptocurrency ATMs are a vital part of the ecosystem right now. these machines allow people to conveniently purchase Bitcoin and select altcoins. It now appears there is at least one ATM which also supports Stellar Lumens. Until now, there was no indication XLM support would be integrated by any companies. Most of the details are still secret, but the machine seemingly works just fine.

It is good to see more currencies getting ATM support these days. More specifically, a lot of companies focus on Bitcoin and a few different altcoins. Stellar Lumens are not on that list so far. That doesn’t prevent the team from showcasing their XLM ATM at the Singapore Fintech Festival, though. Opening a new fiat gateway for XLM is a big step forward.All cryptocurrencies need more liquidity, especially in the world of fiat currencies.

The First Stellar Lumens ATM is Born

In a way, Stellar got a big leg up over Ripple in this regard. Whereas most speculators bought some XRP this year, they largely ignored XLM. It now seems obtaining Lumens will be a lot easier in this regard. Although this machine may not necessarily become accessible by the public, it sets an interesting precedent.  How all of this will play out after the festival, remains to be determined, though.

https://twitter.com/michaeldowling/status/930677179557564417

Most of the specifics of this Lumens ATM have yet to be worked out. We don’t know who built it or how it works exactly. It may be a two-way machine, for all we know. Nor is there any indication as to when and how many of these machines will come to market. There are many unknowns in this regard,  but the development is still pretty exciting. It seems the machine will be placed in Singapore, but that is based on circumstantial evidence at best. An interesting future lies ahead for Stellar, though.

So far, the news hasn’t had any impact on the XLM price yet. Stellar’s Lumens are valued a lot lower compared to Ripple’s XRP. They will both serve very similar purposes, though. It is possible we may see both currencies get a lot closer to one another in terms of market cap. When and if that will happen, remains to be determined. An interesting precedent is created in this regard, that much is rather evident.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 2

  1. Imja Familija says:
    8 years ago

    Very nice and positive news!

    Reply
  2. Chen Tao says:
    8 years ago

    Stellar is the Ethereum of 2018!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 2

  1. Imja Familija says:
    8 years ago

    Very nice and positive news!

    Reply
  2. Chen Tao says:
    8 years ago

    Stellar is the Ethereum of 2018!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitunix bonus krypto giełda promocja USDT

Nowa promocja Bitunix. Bonus w wysokości 2410 USDT na start

Bitunix – jedna z najszybciej rozwijających się giełd krypto – wystartował z nową kampanią promocyjną, która potrwa aż do 20...

News BTC 2 hours ago
Dogecoin

Analysts Predict Major Dogecoin Price Rally After Breaking 50-Day Trendline

The Dogecoin price may be setting up for a significant rally as a technical analyst identifies a bullish breakout above...

Scott Matherson 3 hours ago

Bitcoin Needs $140K To Match Peak Profits, On-Chain Data Shows

Long‑term holders of Bitcoin may need to see a fresh high around $140,000 before they enjoy the same kind of...

Christian Encila 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin

Dogecoin Bounces Back With 8% Gain—Is $0.26 In Sight?

Keshav Verma 51 minutes ago

Ethereum Liquid Staking Hits New ATH With 35.5 Million ETH Locked – Will Price Follow?

Ash Tiwari 1 hour ago
Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level

Sebastian Villafuerte 2 hours ago

Premium Sponsors

Press Releases

  • Top kryptoměna ke koupi dříve, než vzroste o 2 200 %, podle Cathie Wood

    Top kryptoměna ke koupi dříve, než vzroste o 2 200 %...

    5 hours ago
  • The smartest way to make money in 2025: Invest in cloud...

    12 hours ago
  • Od Bitcoinu k BTC Bull: Kde leží skutečný potenciál?

    ...

    12 hours ago
  • Bitcoin vs. Gold: Which Is the Best Investment In 2025?

    12 hours ago
  • Profit of $5,735, senior trader uses Ripple (XRP) to open...

    12 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.