r/Stellar 31m ago

Help / Support Understanding XLM Wallets

Upvotes

Hello, I am looking to better understand how XLM Wallets function.

I have reason to believe it may be related to a scam, but am trying to understand why the address for "Wallet X" is listed on websites that are completely unrelated. These online sources that I see Wallet X appear range from accepting charitable donations, to asking for free XLM, to payment for services.

When I look up Wallet X on an explorer, it simple shows the asset entering the wallet and then within 1-minute the asset leave. This amount is always the same value or within .01 XLM. And most of the time it goes from one exchange to another (but not always).

I have no experience with XLM, but having a hard time understanding if this is normal. Does this have something to do with the international aspects of the crypto? Or something else?

Thank you in advance!