Welcome to Nexlm
Nexlm is a peer-to-peer (P2P) marketplace where people in Nigeria buy and sell XLM (Stellar Lumens) directly with each other for Naira.
- Buyers pay Naira straight into the seller's bank or mobile wallet account.
- Sellers' XLM is locked in an on-chain escrow account before any money moves.
- Nexlm matches traders, runs the escrow, and never holds your Naira.
How a trade works
- A seller posts an offer, or a buyer posts a request.
- The other side opens a trade. The seller's XLM moves into a brand-new Stellar escrow account.
- The buyer sends Naira within 15 minutes and taps I have paid.
- The seller confirms the money arrived and releases the escrow.
- The XLM lands in the buyer's Nexlm wallet in about five seconds.
If the buyer doesn't pay in time, the escrow refunds the seller automatically.
Before your first trade
| Step | Why |
|---|---|
| Create an account | You get a Stellar wallet automatically |
| Verify your email | Required to trade and withdraw |
| Verify your identity | BVN or NIN check, required to trade Naira |
| Add payout accounts | Sellers need somewhere to receive Naira |
| Deposit XLM | Sellers need XLM to sell |
Testnet during early access
Early access runs on the Stellar testnet. Test XLM has no value, and new wallets are funded with 10,000 test XLM automatically. Never send real XLM to a testnet address.