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How to Send XLM Safely

Sending XLM is straightforward, but mistakes with addresses or memos can be difficult to reverse.

  1. 1.Copy the recipient's Stellar address exactly.
  2. 2.Check whether the receiving exchange or service requires a memo.
  3. 3.Paste the address and memo into the withdrawal or send form.
  4. 4.Review the network, amount, address, and memo before confirming.
  5. 5.For a new destination, consider sending a small test amount first.
  6. 6.Wait for the transfer to settle and confirm receipt before sending more.

The biggest beginner mistake

When sending XLM to some exchanges, the wallet address alone may not identify your individual account. A memo can be required. Always follow the receiving platform's deposit instructions exactly.