Stellar Lumens (XLM) are the native currency of the Stellar Network. The Stellar Network was released in April 2015 and went live in November 2015. The Stellar Network works by providing a conversion path between currencies. Lumens facilitate this process by being used both as the base conversion pair and also as the transaction fee currency.
itBit offers a personalized Stellar Lumens OTC trading experience. Work privately with one of our experienced traders straight through settlement.
itBit provides access to a global network of clients across over 100 countries.
Most OTC trades are settled same-day, with flat rate fees per transaction and no crypto withdrawal fees.
As a New York State Trust Company, itBit is subject to strict regulatory oversight by the New York State Department of Financial Services. All fiat and digital customer assets deposited with itBit are backed by mandatory capital reserves as a regulated entity.
itBit uses 100% cold storage ensuring that your crypto assets remain secure and will be available to meet investor redemption and verification requirements. Our custody model protects custodied assets by ensuring that they are never commingled with assets held in customer trading accounts.
Our Institutional Client Group (ICG) provides all custody clients with personalized service and support. We operate around the clock Monday through Friday from our global operation centers in New York and Singapore. As your needs grow, our relationship managers will be there to assist you.
Boutique service specializing in large crypto asset trades starting over $50,000 USD. Our OTC desk offers a deep order book, personalized trading support and competitive pricing.
Protect and secure your crypto assets under a regulated New York State Trust Company with
Trusted escrow service facilitates large crypto asset trades by matching buyers and sellers looking for secure transaction intermediary and trade settlement.