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Guide to Converting BTC to XLM Altcoin

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XLM’s are an altcoin that is similar to many others, but they are specially attached as an asset of the Stelar.org network. What does this mean? It means that they are another altcoin derived from a blockchain that is similar to some other altcoins, but they were made specifically in order to be a part of the decentralized payment network with the currency that was previously in place by Stellar, which is a nonprofit company. Originally called stellar, they eventually changed the name to stellar lumens, or XLM for short. Just like any other altcoin out there though, they can actually be traded and converted to bitcoin (BTC) at rubix.io. In this guide we’ll give you some tips on how you can do it.

How Much is a Stellar Lumen Worth?

XLM has had numerous applications on what you can use XLM for. For example, Vumi allows you to use Lumens as credits for their phone app that allows you to get minutes of talk time and they are actually fed to your credits as lumens using Stellar.  How much a lumen is actually worth varies, as it rises and falls with the current bitcoin market just about as much.

Stellar recently partnered with IBM and another company in order to make transactions available to other regions of the world, and it’s a lot more detailed information available at their website, but currently depending on what market you choose, one XLM is equal to approximately 850 Bitcoin Satoshi, as of July 23, 2019, which may not seem like much, but they add up. Not only that, but stellar can only be purchased or sold and traded, and since they operate on inflation of the digital currency market, you can rely on their being about a one percent of 100 billion stellars that were originally created every year. The more inflation we have, the more XLM are created.

Is Every Calculator Accurate?

In general, most calculators actually go by a third-party cryptocurrency trading market that they use themselves, so you have to keep in mind that the prices may fluctuate depending on where you go. One website for example may say that they’re worth 855 satoshi, while the other may say that they’re worth 10 satoshi less than this. Therefore, you need a good and accurate market that will find the right amount for you to trade based on the average, and one that is relatively easy to trade on. Many of these exchanges are extremely difficult to operate, let alone the fact that you never know who you’re buying or trading with. There is one company that’s about to change all of that though.

Conclusion

The new social format for trading called Rubix.io is preparing for launch, and they already are putting a system in place so that you can trade BTC with your mobile wallet. You can use altcoins, or convert many of them out there to BTC so you can have all of it in one currency, or you can even help to keep them as they are, so you can exchange them with friends and family, while being extremely secure, and you know who’s going to receive it. They’re working on integrating with social media platforms like Facebook so you can trade cryptocurrency with friends, and even family and loved ones for any reason you’re looking for.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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6 Reasons to Try Cannabis Edibles

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Are you looking for a reason to try cannabis edibles? If you’re wondering if there are benefits to edibles that you can’t get with other forms of cannabis, the answer is yes. Here are some of the best reasons to try cannabis edibles.

  1. Some edibles are boosted

When you smoke cannabis flower, you’re only getting cannabis. That’s not a bad thing, but there are brands that sell edibles that have been boosted with other ingredients. For instance, you’ve probably seen capsules with added herbs to help you sleep – the same is true for edibles. 

One of the newer enhanced cannabis edibles are the Bits adaptogen-boosted edibles. These new cannabis edibles contain just 5mg of THC per Bit so you don’t overdo anything. Each flavor is packed with a unique blend of adaptogens like ashwagandha, reishi, elderflower, lemon balm, ginseng, guarana, and rose hip.

Why adaptogens? Adaptogens have been proven to have a positive impact on the central nervous system by decreasing sensitivity to stressors. In other words, adaptogens reduce stress and anxiety and contribute to an overall sense of wellbeing. When you consume cannabis edibles boosted by adaptogens, you’re going to feel more relaxed.

  1. Edibles provide precise and consistent dosing

One of the best reasons to try edibles is for precise and consistent dosing. When edibles are made, the cannabis is thoroughly and evenly mixed in, so each serving has the intended dosage when the final product is made. In addition, premium cannabis brands like Verano lab test each batch to ensure quality and consistency with all of their products, including cannabis edibles. 

When you smoke flower, you won’t always get the same amount of THC. It’s nearly impossible to know how much THC or CBD you’re getting from smoking flower. Even when you smoke the same strain in the same amount, the THC and other cannabinoids are distributed unevenly throughout each bud. 

If precise and consistent dosing is important to you, then edibles are going to be your favorite cannabis delivery method.

  1. Edibles are tasty

Edibles taste good, so why not try them? It’s just like eating a snack or a treat, but with a purpose. If you’ve avoided trying cannabis tinctures or oil because you don’t like the flavor, that’s understandable. Edibles are different because the taste of cannabis itself can be easily masked. 

Brands go out of their way to come up with recipes that taste good because they know some people don’t like the strong flavor of cannabis. Edibles like brownies, cookies, and chocolate bars usually just taste like any other cookie, brownie, or chocolate bar. Premium cannabis brands will also use quality ingredients to produce the best cannabis-infused gummies, hard candies, and baked goods.

  1. Edibles are easy to carry

If you want to carry your cannabis around discreetly, that’s easiest with edibles. They usually come in smaller packages that you can fit into a pocket or bag, and edibles are easy to eat without anyone suspecting you’re consuming cannabis.

When carrying edibles, be smart about where you bring them. Make sure you know where you can and can’t have them. If you’re headed to the airport of a government building, for example, you’ll want to leave your edibles at home. 

  1. The effects of edibles last for a long time

Smoking flower is great when you need relief quickly, but when you want the effects to last a long time, edibles are your best option. When you ingest cannabis, it takes longer for the effects to kick in, but those effects will last for a much longer time. You also don’t need to consume as much cannabis to get these long-lasting effects.

Everyone is different, and the timing depends on a multitude of factors like our metabolism and whether you’ve eaten or have an empty stomach. However, in general, it takes between 30 minutes and 4 hours to start feeling the effects of edibles. From there, the effects can last a few hours or even up to twelve hours. This is why many people take edibles before going to bed – getting that full impact while they sleep makes them wake up feeling incredibly rested.

  1. Edibles are a great alternative to smoking

Although smoking cannabis is probably the most popular consumption method, it’s not for everyone. Edibles won’t expose you to the potentially harmful effects of smoking. If you’ve been avoiding trying cannabis because you thought you had to smoke it, edibles are the perfect opportunity for you to try cannabis. 

Already familiar with edibles? Try something new

If you’ve been consuming cannabis edibles for a while, maybe it’s time to try something new. If you’ve always been into baked goods, branch out and try some beverages, chocolate bars, or even an adaptogen-boosted cannabis gummy for example. There are plenty of edibles to choose from so you can be sure you’ll find something new that you can enjoy.

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