Keybase Wallet

You can use Keybase Wallet to send, receive, and exchange Stellar Lumens (XLM) and other currencies that are trusted through the Stellar network. All of your transactions are automatically tied to your Keybase account.

A nice thing about Keybase Wallet is that it just works on any device you use Keybase on. And amounts are automatically converted into the currency of your choice (US dollars, for example).

You can learn more on the blog. Or, join the team stellar.public to chat with others.

Sending Lumens

You can send, receive, and buy Lumens from Keybase Wallet or Chat.

You can send Lumens to other people on Keybase, to Stellar addresses, or to your other Stellar accounts. You can request funds from people on and outside of Keybase. And, you can buy Lumens through external partners that are not affiliated with Keybase.

Chat

One of the quickest ways to send Lumens to others on Keybase is through Chat. Just include this format in your message +123XLM@username. To do so:

  1. Enter +.
  2. In place of 123, enter the amount of Lumens you want to send.
  3. In place of username, enter the Keybase username of the person you’d like to send the Lumens to.

Do not use any spaces in this part of your message. For example you may write, Thanks for picking up the tab when I forgot my wallet. +100XLM@chris.

Keybase will confirm the amount and recipient of the Lumens before sending your message. It will also show you the approximate value in USD.

Exchanging Lumens

You can also transfer other currencies using the trustlines built into the Stellar network path payments.

Adding trustlines

You need to add trustlines before you can use them. To do so:

  1. Go to Wallet.
  2. Select the gear icon.
  3. Select Add trustlines (or Manage trustlines).

Once you’ve added another trustline, such as USD: anchorusd.com, you can convert Lumens (or other currencies) to this new currency when you send funds to someone else on Keybase. Once you have another currency in your wallet, you can also send that.

You can remove trustlines in the same way with “Manage trustlines.” But you can’t remove all trustlines for which you have currency in your wallet. For example, if you have USD in your wallet, you can’t remove all trustlines for USD.

Using other currencies

Once you have trustlines set up, you can send other currencies to other people on Keybase. To do so:

  1. Go to Wallet.
  2. Select Send.
  3. Select To a Keybase user.
  4. Select your recipient’s username.
  5. Select Change, then choose your currency.
  6. Enter your amount, add an encrypted note, or a public memo.
  7. If everything looks right to you, select Send.

If your recipient has a trustline for other currencies, Keybase will let you know that this person accepts funds other than Lumens.

You can also exchange Lumens into other currencies outside of Keybase. To do so, you’ll need your Stellar address and secret key.

About Stellar

We love Stellar for a couple reasons. One is that Keybase is funded by the Stellar Development Foundation. And two is that we think Stellar is actually a great decentralized, open-source, multi-currency network. Unlike most others, Stellar supports global transactions and automatically converts Lumens into whatever currency you prefer.

Plus, transactions cost a fraction of a cent, are very fast, and don’t consume massive amounts of energy. (For a little context, Bitcoin uses at least 22 terawatt-hours (TWh) of energy annually—almost the same as the entire country of Ireland. Compare this to Google, which used 5.7 TWh globally, in 2015.)

Learn more about Stellar on their site.