EXCHANGE STELLAR LUMENS TO 0X
What do you need to know?
- The average time to exchange XLM for ZRX is from 1 to 2 minutes
- You need 1 confirmation of the XLM blockchain for the exchange
- Need to enter Memo when sending XLM
- Our exchanger only sends transactions to the original ZRX contract
A brief history of Stellar Lumens
Stellar is a publicly available decentralized marketplace with various assets in circulation. The platform also has its own open source cryptocurrency Stellar Lumens (XLM).
The currency is based on the Stellar Consensus Protocol (SCP), which is similar in principle to the BFT protocol of the Ripple platform, but has a significant difference — all network validators are equivalent, there are no central control nodes in the blockchain. XLM coin is more decentralized than Ripple, but less decentralized than Proof-Of-Work cryptocurrencies (such as Bitcoin and Ethereum).
What is a Memo and do I need to specify it?
When sending XLM, there is an additional Memo field. Memo is the ID of the payment. It is unique, and with its help the service identifies the sender and recipient. Be sure to include it when paying for the order.
If you forgot to enter a Memo or entered it incorrectly, write to our technical support. We will solve this problem.
Stellar Lumens network speed and fees
XLM is considered to be a fast blockchain. The transaction is confirmed in a few seconds. The fee is very small, on average 0.00001 XLM.
A brief history of 0x
0x is a multifunctional protocol designed to facilitate the exchange of ERC-20 protocol currencies in the ETH system. The protocol allows you to establish connections between decentralized applications using available smart contracts with the ability to connect any DApps. Unit of account 0x — ZRX coin, which is an ERC-20 token.
0x smart contract
Our exchanger only sends transactions to the original ZRX contract. Transactions are not sent to addresses of third-party contracts.
My order is completed, but I cannot see the funds in my wallet, what should I do?
We send Ethereum tokens with an average fee so that the receiving party does not have to wait long for the receipt. But sometimes, with the increased load on the Ethereum network, the transaction can get stuck in the mempool and not get into the block. The status of such a transaction is \”Pending\”. The etherscan.io explorer gives information about the expected processing time of a transaction, but you need to understand that this value is not exact and may change depending on the situation.
If a transaction sent by us cannot be confirmed for a long time, contact technical support with a request to push the transaction through.