Written by: rosyantony

Published on: Feb. 17, 2020, 11:22 a.m.

Member since: Feb. 17, 2020

Does Stellar’S New Dex Have The X Factor? Check Out

Among many decentralized exchanges in the crypto industry, Stellar Lumens DEX stands out because of its unique features. The exchange offers XLM as a base currency to trade against on its platform. One can trade multiple currencies directly from the wallet on Stellar DEX. "On Stellarx, you can go US Dollars to Bitcoin to Chinese Yuan to Mobius from a single wallet. That’s not possible anywhere else." Stellar DEX Cross Payment The cross-payment feature of Stellar DEX enables the user to look for the best path (pathfinding) that offers the best rate of conversion for his or her assets. This involves the user scrolling the orders on the current order book to find meaningful conversations that provide the best rate. Stellar DEX Fees The Stellar platform has a detailed fee structure mentioned on its website. Because of the transparency of the fee structure, traders prefer this exchange to others. Conclusion Overall, Stellar DEX is a good platform. Stellar’s XLM cryptocurrency is one of the top 10 cryptocurrencies in the world. The platform offers various features for the users, still, there is still plenty of work to be done on improving the platform, adding more assets, and bringing more users to build sufficient liquidity.

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