Arbitrage opportunities allow traders to purchase a cryptocurrency on a difference exchange where cryptocurrency’s price has not adjusted according to major crypto exchanges. These opportunities are considered to be low-risk.
Planning to buy Stellar Lumens (XLM) using USD? We will guide you how to do it. Keep in mind that KYC is required on all cryptocurrency exchanges so have your passport and Tax Identification Number (TIN) handy.
We have received reports from many users about dusting attack of massive scale being carried out on the Stellar network. Very tiny amount of Stellar Lumens, ~0.00001 XLM are being sent out to many users. Users usually do not pay attention to it as it has no value. However, after dusting many different addresses, the attacker does an analysis of these addresses to identify which ones belong to same wallets.
Your Stellar address normally reads like this GC4DYR…….. but it is possible to get an easy-to-read Stellar address that looks very much like an email address. For instance, our Stellar address is stellarupdate*stellarterm.com and if enter that into a Stellar wallet like Lobstr, it will send XLM to our Stellar address that starts with GC4DYR.
Stellar blockchain has built-in decentralized exchange (DEX) feature which allows users to buy and sell Stellar tokens / assets. There are many user interfaces that have been built by developers to take advantage of this. The first such Stellar decentralized exchange was StellarPort.io which was followed by Stellar Term.
Stellar Term is a Stellar decentralized exchange that lets you trade Stellar tokens / assets. StellarTerm.com is completely decentralized and no one has control over your transactions.