Dear ABCC users:
ABCC has now added a new cryptocurrency, XLM, for trading. This has increased our trading pairs to include XLM/BTC and XLM/ETH. More cryptocurrencies and trading pairs are coming soon.
Lumens (XLM) are the native asset of the Stellar Network. They are essential to the Stellar Network—they contribute to the ability to move money around the world and to conduct transactions between different currencies quickly and securely. The Stellar Network launched with 100 billion stellars (the original name of XLM) in 2014, 50% of which will be given away to individuals to achieve a more inclusive digital economy and to expand the reach of the network.
The Stellar Network
The Stellar Network is a platform that connects banks, payments systems, and people to move money quickly, reliably, and at almost no cost. It is a worldwide collection of connected Stellar Cores run by various individuals and entities around the world. The distributed nature of the network makes it reliable and safe.
The core members of the team hold experience in software engineering, financial services, consulting and others. Keith Rabois, a prominent VC investor, former senior executive at Paypal and former COO at Square and Greg Brockman, the former CEO of Stripe serve as Stellar’s board members.
August 15th, 2018
You should be aware that cryptocurrencies are subject to high price-volatilities. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. ABCC reserves the right to rescind and terminate our services to users in countries and jurisdictions where relevant laws and regulations apply.