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XLM (Stellar) Deposits

How to deposit XLM using the Stellar network, including memo requirements and confirmation process.

What You Need

To deposit XLM, you need:

  • An external XLM wallet with available balance (Lobstr, Xaman, exchange account, etc.)
  • Your XamanProtocol XLM deposit address (found in Dashboard → Deposit)
  • Your unique Memo — required for attribution

Step-by-Step: Depositing XLM

  1. Go to Dashboard → Deposit and select XLM.
  2. Copy your Deposit Address and Memo.
  3. Open your sending wallet.
  4. Send XLM to the copied address.
  5. Critical: Add your Memo in the memo field of the transaction. Select Memo Type: Text and enter the memo exactly.
  6. Confirm and submit the transaction.
  7. Your deposit appears as Pending in XamanProtocol within minutes.

What Is a Stellar Memo?

Stellar transactions support an optional memo field. When multiple users share one platform address, the memo identifies which user the payment belongs to. XamanProtocol assigns you a unique memo — always include it when sending XLM.

Stellar supports several memo types. Use Memo Text for XamanProtocol memos unless instructed otherwise.

Stellar Network Confirmations

Stellar settles transactions within 5 seconds. Like XRP, there is no waiting period for multiple confirmations. Once confirmed, the transaction is final. Admin review for credit to your account typically takes 1–6 hours.

Stellar Minimum Balance

Stellar accounts must maintain a minimum balance of 1 XLM (base reserve) to remain active. This is a network requirement, not a XamanProtocol charge. Sending your entire balance may fail if it would drop below the reserve.

Frequently Asked Questions

What happens if I forget the memo?+
The funds arrive at the platform address but cannot be automatically attributed to your account. Contact support with your transaction hash to have it manually credited.
Which memo type should I use?+
Use Memo Text unless XamanProtocol specifies otherwise. Enter your assigned memo string exactly as shown.
Can I deposit other Stellar assets (not just XLM)?+
Currently, only XLM is supported for deposits. Other Stellar assets may be added in the future.
Is there a fee for XLM deposits?+
XamanProtocol does not charge a deposit fee. Stellar network fees are extremely low (typically 0.00001 XLM) and are deducted from your sending wallet.
How long does an XLM deposit take to be credited?+
Stellar confirms in ~5 seconds. Admin review and account credit typically takes 1–6 hours.

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