How to Buy and Sell REAL8 on the Stellar Platform
The public key is always safe to share — other people need it to identify your account and verify that you authorized a transaction. It’s like an email address.
For example, $REAL8’s public key which helps you identify our issuer account is:
GBVYYQ7XXRZW6ZCNNCL2X2THNPQ6IM4O47HAA25JTAG7Z3CXJCQ3W4CD
The secret key however, is private information that proves you own — and gives you access to — your account. It’s like a password, and you must never lose it, nor share it with anyone.
On the Stellar network, every account must be “activated” with a minimum XLM balance, known as the base reserve. As of January 2025, this base reserve represents only a small amount of approximately $1. Think of it as a security deposit that remains in your account.
When you want to buy $REAL8 on Stellar an additional 0.5 XLM per asset is required (approximately $0.20 as of January 2025). This clever system serves two purposes: it prevents spam on the network by making the creation of endless empty accounts costly, and it ensures that every account has the resources needed to process transactions.
This requirement is unique to Stellar and reflects its design philosophy of being both accessible (low cost) and secure (resistant to spam). It is fundamentally different from networks like Ethereum or Solana, which struggle with congestion, spam, and fraudulent operations.
In summary, to operate with REAL8, a Stellar-based cryptocoin, you’ll need an account with less than 2 XLM (approximately $1.20 as of January 2025). This will allow you to access the exchanges and wallets within the Stellar ecosystem. This guide provides step-by-step instructions for using REAL8 on Exchanges such as StellarTerm, StellarX, or with wallets like Freighter and LOBSTR.
1. Trading REAL8 on StellarTerm
StellarTerm is an easy-to-use decentralized exchange for Stellar assets. You can use your browser to operate with the web version, or download the application from the following links:
Step 1: Access StellarTerm
- Visit StellarTerm or download the app, and click on Open Account, or Log in if you already have one.
- Use your private key or connect a Stellar-compatible wallet like Freighter or Ledger.
Step 2: Add a Trustline for REAL8
- Navigate to the Account tab.
- Scroll to “Accept Assets” and search for REAL8 (GBVYYQ7XXRZW6ZCNNCL2X2THNPQ6IM4O47HAA25JTAG7Z3CXJCQ3W4CD).
- Add the REAL8 trustline using our provided issuer information.
Step 3: Start Trading
- Go to the Exchange tab.
- Search for the REAL8/XLM trading pair.
- Place your buy or sell order based on your desired trade amount.
2. Trading REAL8 on StellarX
StellarX is a comprehensive exchange offering commission-free trading for Stellar assets.
Step 1: Access StellarX
- Go to StellarX and sign in using your Stellar wallet.
Step 2: Add a Trustline for REAL8
- Open the Assets section and search for REAL8.
- Approve the trustline request to enable trading.
Step 3: Execute a Trade
- Navigate to the Market section.
- Locate the REAL8/XLM pair and set your trade preferences.
- Confirm your trade to complete the transaction.
3. Using Freighter Wallet
Freighter is a browser extension that acts as a wallet for Stellar transactions.
Step 1: Install and Log In
- Download the Freighter browser extension from the official website.
- Log in or create a new Stellar wallet.
Step 2: Add a Trustline for REAL8
- Click Manage Assets and search for REAL8.
- Add the REAL8 token trustline.
Step 3: Connect to an Exchange
- Use Freighter to connect to StellarTerm or StellarX and trade REAL8 as outlined above.
4. Using LOBSTR Wallet
LOBSTR is a mobile-friendly Stellar wallet.
Step 1: Set Up LOBSTR
- Download the LOBSTR app (iOS | Android), or access it via LOBSTR’s website.
- Log in to your account or create a new one.
Step 2: Add REAL8 to Your Wallet
- Tap Assets and search for REAL8.
- Add the trustline by approving the request.
Step 3: Trade REAL8
- Use the built-in exchange feature to trade REAL8 for XLM or other tokens.
- Confirm your transaction and check your balance.
Additional Tips
- Verify Issuer Information: Ensure the REAL8 token you’re interacting with matches our official issuer details (GBVYYQ7XXRZW6ZCNNCL2X2THNPQ6IM4O47HAA25JTAG7Z3CXJCQ3W4CD).
- Have Enough XLM: Maintain a minimum balance of XLM in your wallet to cover transaction fees and trustline reserves.
- Security First: Always use secure devices and networks while trading.
By following these steps, you can confidently trade REAL8 on Stellar-based platforms and take advantage of its fast and low-cost transactions.