Getting Free Stellar Lumens (XLM) is a great opportunity for those that are looking to diversify their crypto portfolio or for those looking to get into altcoins without any risk or spending any money at all.
One of the best-known crypto online wallets (and the first crypto wallets that I personally signed up with), Blockchain have partnered with Stellar Development Foundation, giving away 125 million dollars worth of Stellar Lumens, XLM.
Why is Blockchain.com doing this
On the Blockchain.com website, they state that the reason for this giveaway is to help build a bigger community of crypto users.
Who are Stellar XLM?
Stellar XLM has been trading for about 5 years now and is a platform that connects banks, payments systems, and people. They enable low-cost interbank transfers across countries in less than 5 seconds.
What can I do with my XLM?
What you do with your free crypto is completely up to you. Whether it be exchanged on the likes of Binance, sold or HODL, it’s a great way to diversify your portfolio or for newbies to get into altcoins or crypto in general.
Guide to getting your FREE Stellar XLM
To get your free Stellar XLM, you need to log in and complete your Blockchain wallet profile, to Gold Level.
When you log into your account, you might automatically be prompted to “Complete Your Profile”. However, if this is not showing, you can click to Claim Your free XLM Now. Or simply click Complete Now in the top right-hand corner.
You then need to enter your personal information, such as your Country, Name, Date of Birth, Address Details and click onto Continue.
Once complete you need to confirm it’s you with a photographic ID such as Passport, Drivers License or National Identity Card. So make sure you have this to hand.
Pick the country where the document was issued and the ID type.
If prompted, allow access to your camera and microphone for Blockchain to be able to use this.
Then get yourself photo-ready as you’ll be asked to take a photo of yourself using the camera on your computer.
Once complete you then need to take a photograph of your chosen ID card (Passport, Driving Licence etc.
The below message will then show:
You will then receive 3 emails from Blockchain;
- Identification verification successful
- Your XLM is On Its Way
- Your Airdrop Has Landed
Although they state it will be within 5 working days, this process actually completed for me and my XLM was showing in my Blockchain account within 10 minutes!
Is it worth verifying your Blockchain account?
This process only takes a few minutes. But it won’t for everyone and probably not for Bitcoin purists, as entering in your identity obviously destroys your privacy. So just be warned you are sharing your personal details by taking these steps.
Is it worth it for the sake of some stellar lumen? Well, that’s completely up to you, as you can still use your Blockchain Wallet without completing your profile.
How To Get Free Stellar Lumens Video Tutorial
In this video tutorial, I walk you through the process of how to get your free Stellar Lumens XLM.