Stellar Slots – Using XLM for Online Slots

Cryptocurrency slots have definitely become more and more popular ever since Bitcoin went mainstream. For example, Stellar slots are gaining more clout in the gaming world.

Stellar launched in 2015 and has been working to facilitate transfers of value ever since. You can learn more about Stellar (XLM) below along with how it can be used for slots.

What Is Stellar?

Stellar is an open-source network that’s also decentralized. It serves as a blockchain network that people cause use to transfer digital assets.

Going further, it allows users to transfer these assets for an extremely low cost. In most cases, users will only pay a fraction of a penny for each transaction.

Lumens (XLM) is the native token of the Stellar blockchain. It’s often used interchangeably with Stellar despite being a token rather than a network itself.

Lumens is what people use to pay for digital asset transfers. As mentioned before, these transactions are extremely cheap.

How Do You Play Stellar Slots?

In order to play Stellar slots, you first need to purchase this cryptocurrency at an exchange. Coinbase, Gemini, and Binance are some popular exchanges that offer it.

Afterward, you need to visit an online casino that accepts XLM. Once you find such a casino, you must navigate to the banking section and initiate a deposit.

You’ll have to send XLM/Stellar to the casino using the appropriate wallet address (obtained from the casino’s banking section). After the transfer is complete, you’ll be able to start playing.

Should You Play Online Slots with XLM?

Stellar is just as good a cryptocurrency as any to play slots with. Therefore, you can’t go wrong when spinning the reels with XLM on the line.

Again, you just need to purchase Stellar first from an exchange before using it. Then you can gamble with XLM just like you would with US dollars.