A brand new cryptocurrency exchange, StellarX, went live on Friday September 28. StellarX is certainly the first free trading crypto platform. From its Co-founder, Christian Rudder’s Medium post, it’s an ambitious project and hopes to one day become ‘the most popular place to trade in the world.’
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
It will take no fees and will refund all network costs. All the while, users will have sole control over their assets, so whenever there’s interest, it’s theirs. Another interesting fact about the new exchange is that onramp fiat, meaning users can deposit funds using ACH directly from their U.S Dollar bank accounts.
“We aren’t here for a cut. We’re here to redefine how assets move around the world,” Rudder wrote.
Tokens can be shown for a number of currencies including Euros, Philippine Pesos, Nigerian Naira, Chinese Yuan, Hong Kong Dollar, and the British Pound and eventually, will be able to deposit and withdraw these currencies as well.
Currently, StellarX has listed the most popular currencies in the market such as Bitcoin, Bitcoin Cash, Ethereum, and Litecoin and plans to add more soon. It also has plans in the works to begin trading beyond cryptocurrency, with stocks, bonds and real estate to be added to the platform in the near future.