Simple Steps to Buy Stellar in IndiaStep 1) Register: Sign Up with BitBns. Then enter personal information like name, surname and email id details for account creation.. Step 2) ID Proofs: Next, submit PAN card, bank account details and Aadhaar card photocopies.
(Residents of Assam can upload Driving license photocopy) for continuing with background verification process.Step 3) On successful verification of uploaded documents (which will take 1 working day’s time). Investors will be notified via email.Step 4) Finally investors can Transfer funds into their BitBns account using NEFT/RTGS/IMPS and initiate placing their trading orders!
Some interesting features of Stellar :The Stellar Network is a large-scale project led by Jed McCaleb, a well-known name in the blockchain world as he has also worked on the development of the Ripple, one of the most prominent crypto-currencies of the moment.The goal of the Stellar Network is to enable people to carry out financial transactions in any currency. So, is there really an interest in using Stellar Lumens? Yes, and the XLM project even has several advantages, the two main ones being the speed of completion of transactions (between 2 and 5 seconds only) and the really low costs that are applied (they are borne by the sender and currently equivalent to 0. 00001 Lumens XLM).Should we invest in Stellar Lumens in the coming months?Technically, Stellar Lumens asserts itself as a fast and scalable platform and seems to be aligned with Ripple’s numbers, both in terms of transaction speed (3 to 5 seconds) and the volume of transactions supported (around 1000 per second).
These transactions are multi-signature and benefit from a satisfactory level of security.Completely open source, Stellar Lumens can be improved by the community and better matches the Blockchain’s ideal of decentralization than its predecessor, since the organization responsible is a non-profit organization (not a business). having chosen to keep only 5% of mined tokens, and having made sure to distribute his tokens more equitably.
Today widely used in developing countries, the Stellar Lumens offers real added value in the Blockchain world and stands out as much for its technical quality as for its ethics. An investment to advise in every way.BitBnsBitBns is an Indian start-up launched based out of Bangalore that is trying to be in the forefront of cryptocurrency revolution in India.At the core of BitBns lies its dedicated and passionate team striving to build a world class cryptocurrency eco-system. We at BitBns are doing our bit towards nurturing a cashless economy.