Swap Stellar (XLM) Without KYC

Stellar (XLM), also called lumens, is the native asset of the Stellar network, which was built for fast, low-cost payments and for issuing tokens such as stablecoins. Ledgers close about every five seconds, and fees are a tiny fraction of an XLM. The Stellar Development Foundation supports the network.

Stellar addresses start with G and are 56 characters long. Exchanges often use one shared address for many customers and identify each deposit by a memo. If your swap order or exchange shows a memo, copy it exactly into your wallet's memo field. Without it, the payment arrives at the shared address but cannot be matched to you automatically.

Every Stellar account must hold a minimum XLM balance, which rises with each trustline or offer the account has. A new account is only created on the network when it receives enough XLM to cover that minimum, and your wallet will not let you send the reserved part. Keep this in mind when you receive a small XLM payout into a brand-new wallet.