Stellar
$0.26553 -5.03%
XLM · 5w

XLM new account address

I am reading documentation about XML. On the document, it says " A valid keypair, however, does not make an account: in order to prevent unused accounts from bloating the ledger, Stellar requires accounts to hold a minimum balance of 1 XLM before they actually exist. Until it gets a bit of funding, your keypair doesn’t warrant space on the ledger. " ​ That means after creating the account, the account still does not exist ? If it does not exist, can I still transfer some XLM from a centralized exchange to that new non-existent address? After that, the address become existent? Another thing is, the minimum balance is 1 XLM. When I don't need that XLM address any more, can I somehow delete the address and recover that 1 XLM amount? ​ Source: [https://developers.stellar.org/docs/tutorials/create-account/](https://developers.stellar.org/docs/tutorials/create-account/)
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