The cryptocurrency wallet provider Blockchain.com announced that they are now supporting the cryptocurrency Stellar Lumen (XLM). The new addition comes with an airdrop of $125 million worth of XLM to its user base. The news got announced in an official blog post on November 6th.
What does an Airdrop mean and what is Blockchain.com?
Blockchain.com is most famous for being one of the biggest, and most used wallet providers. The wallet makes it easy for users to control their cryptos with ease and truly use it. Before adding Stellar Lumen (XLM), they hosted wallets for bitcoin (BTC), ethereum (ETH) and bitcoin cash (BCH). They now have over 30 million wallet users, and the company wants to thank their users by offering the airdrop. An airdrop means giving away free tokens or coins, and in this case, giving away $125 million worth of coins.
“Starting today, in celebration of adding full support for XLM in the Blockchain Wallet, we’ll begin giving away $125,000,000 of Stellar (XLM) to YOU, our users. With nearly 30M Blockchain Wallets to date, we’re excited to add an entirely new way for users to get their first crypto.”
Why Airdrops and Why Stellar Lumen?
Blockchains.com states that airdrops are a great way for crypto creators to drive decentralization and adoption for new networks. Airdrops let new investors test, trade and transact with the next generation of digital assets without having to buy them or mine them for that matter.
“And just as Blockchain never charges listing fees to join our platform, we aren’t keeping a single XLM for ourselves. We’re giving them all away. That’s a lot of 0s to distribute. This is the largest airdrop in the history of crypto and likely the largest consumer giveaway ever.”
The Blockchain Wallet has always been the safest and easiest way to use cryptos according to the founder. However, now with the new airdrop program, new users can use the Blockchain Wallet as a place to learn and discover new assets, for free.
According to Blockchain.com, Stellar is a great cryptocurrency to start with since it is built for scalability and is a worldwide currency. By growing the Blockchain community, they can help more people own and control their financial future. Their first Blockchain Airdrop, Stellar XLM, is another step in driving this mission forward.
“We’re starting with Stellar because its network is built for scalability. Its token, XLM, enables quick, low cost, worldwide transactions, even when millions of people are using it at once. Stellar can even create custom tokens representing real-world or virtual goods and services. Lastly, Stellar has a world-class development community and a vibrant, functioning ecosystem”.
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Dennis Sahlström has been trading and investing since 2012 and has for the last two years been consistently profitable. He has been in the crypto- and blockchain space since the middle of 2017 and realized its potential for our world, not least how it is transforming the society we live in. He has now created an education platform, together with the wealth coach Marcus the Maria. They teach regular people how to invest and trade in the cryptocurrency market with proven strategies. If you want to learn more and feel like its time to get into this new asset class, download our free book and register to the next live training to get your future in cryptocurrencies started.