StellarX was launched with an upgraded version on 28th Sep Friday. SetllarX is a Crypto Exchange Platform that costs users zero transaction fees. The developer firm Interstellar announced about the new launch on its blog post, last Friday.

The new update will facilitate users to deposit U.S. dollars directly from a U.S. Bank account. Also, the users can check the digital tokens for a large list of fiat currencies. Interestingly, the platform charges zero fees for crypto trading from its users.

Stellar had announced about the exchange in July this year. Stellar’s XLM Universal marketplace is the centre of focus behind launching this new version. XLM is Stellar’s own cryptocurrency which is now 6th largest according to a report published by CoinMarketCap. As of now, the coin has a market cap of $4.8 billion.

StellarX has compared itself with Robinhood, the first one to offer zero-fee trading service. StellarX has assured its users to retain zero-fee rule for the upcoming days as well as the company has promised to refund all network transaction fees. Robinhood – a major U.S. Financial Services provider is soon going to conduct an Initial Public Offering (IPO). For that, it is going through audits by SEC and FINRA.