StellarX a new decentralized cryptocurrency exchange has been launched
StellarX the new decentralized cryptocurrency exchange was launched on Friday, September 28. On the official StellarX blog, you could read about the end of the beta phase and release of the finished product.
StellarX a new decentralized cryptocurrency exchange has been launched
The news about StellarX could be read already in July. Creators inform that their cryptocurrency exchange is one of the most user-friendly, because it allows you to deposit US dollars directly from a US bank account. In addition to US Dollars, cryptocurrencies are also in pairs to: Euro, Chinese Yuan, Hong Kong Dollar, British Pound and many other FIAT currencies.
In a blog post, the creators of StellarX also revealed their plans to add digital versions of other types of assets, such as bonds, stocks, real estates and other assets.
Comparing with another stock exchange - Robinhood (the main financial service provider from the USA, which started offering free transactions on cryptocurrencies in February), StellarX mentions that using their platform also does not cost anything. This is due to the company's promise of "refund [all network fees]."
At the beginning of September, the Robinhood Cryptocurrency Exchange revealed plans to conduct Initial Public Offering (IPO), claiming that it is going to be audited by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) in order to ensure full regulatory compliance.
