StellarX, a Stellar-based zero-fee decentralized crypto exchange was fully launched on September 28.
The exchange, originally announced in July this year, is based on Stellar’s (XLM) universal marketplace. Stellar is an open-source protocol for cryptocurrency to fiat transfers.
StellarX positions itself as a “real fiat onramp,” as it allows users to deposit U.S. dollars directly from a U.S. bank account. In addition, the exchange shows tokens for Euros, Philippine Pesos, Nigerian Naira, Chinese Yuan, Hong Kong Dollar, and the British Pound, and it will add in-app deposits/withdrawals for these as soon as their issuers support the standards of StellarX.
On the crypto side, the most important coins are already in place, BTC, ETH, and so on, and StellarX will be adding more assets very soon.
In the blog post StellarX also revealed its plans to add digitized versions of other kinds of assets, such as bonds, stocks, real estate, and commodities.