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How do I get started with Stellar?

Getting started with Stellar is relatively easy.

The first step is to create a Stellar account. This can be done by downloading the official Stellar wallet, or by using an online wallet such as Lobstr or Stargazer. Once you have created your account, you will need to fund it with some Lumens (XLM).

You can purchase Lumens from a variety of exchanges, such as Binance or Kraken. Once your account is funded, you can start using the Stellar network to send and receive payments. To do this, you will need to find someone who is willing to accept payments in Lumens.

You can search for people who are willing to accept payments on the Stellar network by using the Stellar Decentralized Exchange (SDEX). Once you have found someone who is willing to accept payments in Lumens, you can send them a payment request. This request will include the amount of Lumens that you want to send and the address of the recipient’s wallet.

Once they accept your payment request, your funds will be transferred instantly and securely over the Stellar network. You can also use your Lumens to purchase other assets on the Stellar network such as tokens issued by companies or other digital assets like Bitcoin or Ethereum. To do this, you will need to find an asset exchange that supports trading on the Stellar network and then transfer your funds into that exchange’s wallet.

From there, you can trade your Lumens for other assets just like any other cryptocurrency exchange.

AI created text. No guarantee for the correctness of the content.

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