June 8, 2017 marked a significant milestone for cryptocurrency traders as Yuanbao Network launched its Stellar Lumens (XLM) trading pair against the Chinese Yuan (CNY). The platform commenced full trading operations at 15:00 UTC+8, following a preparatory phase that included deposit/withdrawal activation on June 7.
Trading Specifications for Stellar (XLM) on Yuanbao Network
Key trading parameters include:
- Price precision: 0.0001
- Quantity precision: 0.0001
- Trading hours: 24/7
Fee structure:
- Buy orders: 0% fee
- Sell orders: 0.2% CNY fee
Platform Integration and Accessibility
Traders can now access XLM/CNY markets directly from Yuanbao Network's homepage under the CNY trading section. The platform maintains transparent operations with:
- No price fluctuation limits
- Immediate order execution
- Real-time market data visualization
Understanding Stellar Lumens (XLM)
Stellar's distributed ledger technology facilitates cross-asset transfers of value, including cryptocurrency operations. Its native token, XLM, serves as:
- A bridge currency for asset transfers
- An anti-spam mechanism for network transactions
- A tool for multi-currency transactions
👉 Discover how leading exchanges implement Stellar integration
Risk Management Notice
Yuanbao Network emphasizes cryptocurrency trading risks including:
- Market volatility
- Project discontinuation risks
- Regulatory uncertainties
Disclaimer: This content serves informational purposes only and does not constitute financial advice. Cryptocurrency investments carry substantial risk - investors should conduct independent research before participating in markets.
FAQ: Stellar Trading on Yuanbao Network
Q1: When did Stellar trading begin on Yuanbao?
A: Full trading commenced June 8, 2017 at 15:00 UTC+8.
Q2: What are the trading fees?
A: The platform charges 0% on buys and 0.2% CNY on sell orders.
Q3: Is there price limit protection?
A: No - XLM/CNY trading has no price fluctuation limits.
Q4: Can I transfer XLM to other wallets?
A: Yes - deposit/withdrawal functionality activated June 7.
Q5: Where can I learn more about Stellar?
A: Visit Stellar's official documentation for protocol details.
👉 Compare XLM trading across major platforms
Market conditions may change - verify current specifications before trading