XLM(LUMEN) - Just gave me a FREE $750?

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by Pain, Jan 19, 2018.

XLM(LUMEN) - Just gave me a FREE $750?
  1. Unread #1 - Jan 19, 2018 at 11:14 AM
  2. Pain
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    XLM(LUMEN) - Just gave me a FREE $750?

    ^ FlyingToast likes this.
    Last edited: Jan 19, 2018
  3. Unread #2 - Jan 19, 2018 at 11:31 AM
  4. FlyingToast
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    XLM(LUMEN) - Just gave me a FREE $750?

    Are you holding any XRP? May have been an airdrop of sorts similar to the one they ran this summer.

    I found this tweet here but I have no idea if this is actually their official twitter or not, maybe you somehow got it from a pool you didn't realize you were apart of Stellar Lumens on Twitter.

    I'm not holding any xlm so I can't really help you out any more past that
     
  5. Unread #3 - Jan 19, 2018 at 12:27 PM
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    XLM(LUMEN) - Just gave me a FREE $750?

    I haven't been on kraken for a while and I just checked and I also got a free 1020 xlms
     
  7. Unread #4 - Jan 19, 2018 at 12:43 PM
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    XLM(LUMEN) - Just gave me a FREE $750?

  9. Unread #5 - Jan 19, 2018 at 12:59 PM
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    XLM(LUMEN) - Just gave me a FREE $750?

    Free rent dude big cop
     
  11. Unread #6 - Jan 19, 2018 at 1:09 PM
  12. Pain
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    XLM(LUMEN) - Just gave me a FREE $750?

    Sell em, that's $500 lol.
     
  13. Unread #7 - Jan 19, 2018 at 3:20 PM
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    XLM(LUMEN) - Just gave me a FREE $750?

    This is the email I received from Kraken that explains what happened.

    [​IMG]
    Hi ,

    Did you notice the gift in your account? Your balance has been credited with lumens (XLM), the currency of the Stellar network. The credit was done on January 15 and shows in your account ledger as a “transfer.”

    Also, last week we released a major upgrade to our trading engine - give it a whirl on our new pro trader interface at https://trade.kraken.com.

    What is the Stellar network?

    Stellar shares many commonalities with Ripple, including a founder. The protocol has changed but many of the same features remain. The stated mission of the Stellar Development Foundation (a non-profit) is “to connect people to low-cost financial services to fight poverty and maximize individual potential.” Lofty yet noble ambitions!

    Read more: Use Cases - Stellar

    What’s up with lumens?

    Lumens are to Stellar as ether are to Ethereum. Lumens are the native asset of the Stellar network. At present, they have a value of about $0.52 each. They effectively work like any other cryptocurrency -- they’re tradeable, transferrable, and they pay transaction fees on the Stellar network where you can do other cool things.

    Read more: Lumens FAQ - Stellar

    Why the XLM credit?

    Kraken is the only top exchange participating in the second round of the Stellar giveaway. Stellar has reserved 19 billion XLM for people who hold bitcoin. 16 billion XLM were given away in the second round. The idea is that giving away lumens will encourage further development of and participation in the Stellar ecosystem. Even if you’re not too interested in the Stellar project, who can argue with free money, right?

    By the way, if all this seems familiar, Kraken also participated in the first round of the stellar giveaway, when 3 billion XLM were distributed. So for some of you this is the second XLM credit! To get get in on the first round though, you had to have a bitcoin balance with Kraken on July 4, 2016.

    How did the second round work?

    Your share of the 16 billion XLM was credited to your account according to the Kraken bitcoin balance you had as of the first bitcoin block mined on June 26, 2017 UTC (bitcoin block #472889).

    Read more: We’re Distributing 16 Billion Lumens to Bitcoin Holders - Stellar

    Can I trade my lumens for something else?

    Kraken offers an XLM/XBT (lumen/bitcoin) market where you can buy and sell lumens for bitcoin. As with any kind of trading you should pay attention to the depth of the order book and consider utilizing limit orders to avoid slippage (instead of market orders that can see a lot of slippage in thin markets).

    Please note that our XLM market is listed as “STRBTC” on the trading platform (https://trade.kraken.com).

    Stellar and Kraken are pleased to offer you this gift and deeply appreciate your participation in the digital currency ecosystem.

    The Kraken Team
     
    Last edited: Jan 19, 2018
  15. Unread #8 - Jan 19, 2018 at 3:39 PM
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    XLM(LUMEN) - Just gave me a FREE $750?

    As long as i get free money im happy
     
  17. Unread #9 - Jan 19, 2018 at 7:00 PM
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    XLM(LUMEN) - Just gave me a FREE $750?

    Damn if only i used kraken instead of binance hahaha
     
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