Interstellar, which is supported by the Stellar Development Foundation, has released Stellar’s P2P trading platform “StellarX”.
StellarX is not a decentralized exchange with boards and trading systems, it is a GUI of Stellar Network and it is described as a P2P trading platform that can trade all assets on the network such as cryptocurrency, statutory currency, and receivables.
StellarX is launched-free trades, fiat onramp, all kinds of tokens! Still lots to do. But here’s a look at where we are and where we’re going. Https://t.co/BnHGwxD8E0
– StellarX (@ stellarxhq) September 28, 2018
Literally, nothing can be dealt with, it is defined as what is effective as an asset to conduct sound transactions, there are more than 10 asset holders, there is a counterparty, the spread is less than 50% It is an asset.
Unique tokens issued on the Stellar Network can trade on StellarX by observing the guidelines. In StellarX, both traders and token issuers say that market transparency is important and necessary.
- Transparency for traders: Our tokens will work as expected. There is no smart contract to elucidate ownership or catastrophically fail. Tokenization is handled at the protocol layer from a simple template. Important functions are set as flags, not custom code.
- Transparency for Issuers: You can verify who the customer is and check your identity before interacting with the token .
As a feature of StellarX, the transaction fee for Stellar is not only low, 0.00001 XLM, but also a system that allows you to reimburse every week, so you can trade with zero real fee.
Also, users with the highest transaction volume can get a reward of 1 million XLM every week.
Future plans are to add functions such as mobile version provision and addition of trading pairs in order.
Article Source: StellarX
Author: NT 【Coin Desk News】 – Source Post: https://crypto-times.jp/stellarx-dex/
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