the XLM reserve is, at its base, an anti spam measure for the Stellar Network. XLM is required for your account to stay on the blockchain and to do several functions. all functions that require XLM are outlines below:
- Having an active account
- To have an active account on the blockchain 2.0 XLM will be put in reserve.
- this consists of: 1.0 XLM as a base Stellar Network reserve and 1.0 XLM as an StellarX reserve
- Opening a trustline
- Opening a trustline with an anchor will put 0.5 XLM into reserve
- Having an Open Order
- Creating a limit order on the StellarX marketplace will put 0.5 XLM in reserve until the order is filled
To see all of your reserve XLM please follow This Link and click on the '?' beside the XLM.R tab to see the breakdown of your reserved funds.
Please note that all funds in your reserve are still yours and can be withdrawn at any time with the exception of the Base reserve which will stay in your account, these funds will need to be merged into another Stellar wallet by a 3rd party wallet merger. Please reach out to firstname.lastname@example.org for more information about this.