Faast, a cryptocurrency swap application, has announced full support for Stellar Lumens (XLM), the native asset for the Stellar network.
XLM is compatible with Trezor and Ledger hardware wallets, which are both supported by Faast. To exchange XLM, users just need to connect a hardware wallet. After following prompts on the screen and the hardware wallet, they will have access to the Faast portfolio management tool.
Users can also visit the swap web portal page and swap XLM by pasting the sending and receiving addresses.
Stellar is a global decentralized network for sending and receiving payments. “Lumens” or “XLM” serve as the native token for this network. The Stellar Foundation’s goal is to reduce the cost of sending and receiving money and increase financial inclusion by building a frictionless global payment system that cuts out the middleman.
XLM is the latest cryptocurrency added to Faast, following full support for Ripple (XRP).