Stellar-Based Zero-Fee Decentralized Crypto Exchange is in the major version now
On September 28, 2018, Interstellar company announced in a blog post that StellarX, a Stellar-based zero-fee decentralized crypto exchange has finished its beta phase and is now fully launched.
This exchange originated in July, 2018. It enables cryptocurrency to fiat transfers. StellarX has its own cryptocurrence XLM. At the moment, it is the 6th largest crypto worldwide, with a market capitalization of 4.8 billion USD, according to coinmarketcap.com.
StellarX propose customers digital tokens for a range of fiat currencies (U.S. dollars, Hong Kong dollar, euro, pound, yuan, etc.). For many currencies, users can deposit money directly from their bank accounts. Also, StellarX is going to create digital equivalents for other commodities, such real estate, stocks, bonds, etc.
In the latest press release, StellarX has positioned itself as a “real fiat onramp.” The exchange has emphasized that its customers will pay nothing” for the use of the platform.