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Limits and fees ​

Fees ​

ItemCost
Trading (buy or sell)Free
DepositsFree (the sending platform may charge)
Withdrawals0.00001 XLM network fee
Escrow reserve2 XLM per trade, set aside by the seller and mostly returned when the trade closes

Trading limits ​

LimitValue
Order size10 – 100,000 XLM
Active orders10 per user
Trades in progress5 per user
Order lifetime30 minutes
Payment window15 minutes
XLM precision7 decimal places
Naira price precision2 decimal places
Order terms500 characters

Account limits ​

LimitValue
Payout accounts10
Chat message2,000 characters
Image upload5 MB (JPEG, PNG, WebP)
Withdrawal memo28 bytes
Withdrawals10 per hour
Login / registration / reset attempts20 per 15 minutes

INFO

Limits are configurable by the operator and may change as the platform grows.

Nexlm is a peer-to-peer facilitator and never holds customer Naira.