A few months ago, Keybase and Stellar launched blockchain based XLM Star coin, 95% of which will be Free air drop Distribute to authenticated users. In other words, as long as the keybase is registered and the account authentication is completed, you can get some XLM coins for free, which is also known as Star Coin. Now, the free distribution of Star Coin has ended.
I sold some free XLM coins on Firecoin. Here is a brief description of the process of obtaining and selling Star Coins.
Spacedrop process
Air drop is actually free distribution.
On August 15, 2019, Stellar carried out the first distribution of star coins, and each registered user received about 688 star coins.
On September 15, 2019, Stellar carried out the last distribution of star coins, and each registered user received about 355 star coins.
Selling Star Coins
XLM is a new blockchain virtual currency, which supports few exchanges. As there are many restrictions on overseas collection, I choose domestic Firecoin Carry out this transaction.
The transaction process of Firecoin XLM is as follows: first, transfer the virtual currency to the account opened by Firecoin. This step is called Recharge 。 After that, we can communicate with others through the real-time trading platform Currency transaction , can be exchanged with our currency Legal currency transaction The virtual currency of. Finally, the virtual currency obtained from our currency transaction Legal currency transaction , about to sell the virtual currency to obtain legal tender.
1. Recharge XLM to Firecoin account
The principle of recharging is to transfer money from your XLM account to the public account of Firecoin. The exchange judges which fire coin user is recharging through the Public memo field, and then adds the currency value in the corresponding fire coin account for trading.
On Huo Coin Assets ->XLM ->recharge You can get your own Recharging address And Address label , and then you can transfer transactions in the Keybase wallet.
Open keybase and click Wallet in the upper right corner Send->To aStellar address , fill in the above information to transfer.
If you get it right, you will soon see this transaction in the recharge record of Huoyuan. com.
2. Currency transaction
The purpose of currency transaction is to exchange XLM for Legal currency transaction Known currency of, such as USDT 、 BTC Etc. In the currency transaction, I changed the XLM currency into the equivalent USDT currency.
3. Legal currency transaction
In the currency transaction, I have changed XLM Star Coin into USDT Coin, which supports legal currency transaction. To conduct legal currency transactions, you need to first transfer the USDT from the currency account to the legal currency account.
After the transfer is completed, the USDT can be directly sold in the legal currency transaction. After someone accepts the transaction and makes payment, the transaction succeeds.
4. Conclusion
After receiving the transaction payment, the transaction is completed.
This is my first time to contact blockchain related things. Because it is free, I will try it.
Now various blockchain virtual currencies are emerging in endlessly, many of which are cashed out after enough speculation. There is no endorsement from large companies, no fixed assets, and everyone is waiting for the next plate collector. Therefore, it is suggested that Xiaobai, like me, should not contact blockchain investment.
