What is the process to move my XLM from Binance to a mobile wallet?

Question

I want to transfer my XLM (Stellar Lumens) from my Binance account to a mobile wallet. Can you please guide me through the process step by step?

TabulaNocturn · Accepted Answer

Sure thing! Here's a step-by-step guide to help you transfer your XLM from Binance to a mobile wallet:

1. First, download a Stellar wallet app on your mobile device. You can choose from various options like Lobstr, Solar Wallet, or StellarTerm.

2. Create a new wallet on the app and make sure to securely store your recovery phrase or private key.

3. Open your Binance account and navigate to the 'Wallet' section.

4. Locate your XLM balance and click on the 'Withdraw' button.

5. Enter the recipient address of your mobile wallet in the provided field. Take extra care to input the correct address.

6. Specify the amount of XLM you wish to transfer. You can either enter the exact amount or select from the available options.

7. Review the withdrawal details and confirm the transaction.

8. Wait for the transaction to be processed, which may take some time depending on network congestion.

9. Once the transaction is confirmed, you'll find your XLM in your mobile wallet.

That's it! Your XLM has been successfully moved from Binance to your mobile wallet. Enjoy the convenience and control it offers!

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