StellarX, the long-awaited exchange based on the Stellar (XLM) protocol, debuted on September 28, offering an immediate fiat option for buying crypto assets.

https://twitter.com/stellarxhq/status/1045750567866388482

Stellar’s biggest boast is the completely free trading and network usage, with no fees per trade and also no gas fees to use the blockchain. Unlike IDEX or EtherDelta, this decentralized exchange utilizes the Stellar technology in a way that does not incur additional expenses.

The Stellar verification system employs delegates who are elected based on reputation. User transactions require an asset called Lumens, but the exchange mechanism of StellarX is different.

Stellar had already launched StellarDEX, a small-scale decentralized exchan…

This article appeared first on Cryptovest

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