Connect with us

News

The launch of the decentralized StellarX crypto-bench with support for Fiat

Published

on

The StellarX marketplace, which sells assets on Stellar's blockbuster , announced the launch of a decentralized site with zero commissions and support for fiat currencies.

The functional of the exchange differs little from the existing stock exchanges on the Ethereum block , but unlike the same IDEX and EtherDelta, where it is still necessary to pay for gas, the exchange does not charge commissions from users, thanks to its unique mechanism of the consummation.

In addition, StellarX supports fiat currencies. While on-site transactions are performed from bank accounts in the US through the ACH network, in the future it is also planned to support:

  • Euro,
  • British pound,
  • Chinese yuan,
  • Philippine peso,
  • Nigerian Naira,
  • Hong Kong dollar.

Also, StellarX plans to add support for tokens that are released on other blockboys .

Recall that in late August, ADAB Solutions from the United Arab Emirates launched the first crypto exchange, compatible with the Sharia – a set of rules based on the Koran. The trading platform was named – First Islamic Crypto Exchange (First Islamic Crypto Exchange or FICE).