The software is not yet completely finished, but it is already operational. The beta version can be joined by simply registering on the website with your email address.
StellarX is a totally free trading platform: there’s no need to pay for a subscription and there are no commissions.
StellarX is a decentralized platform, based on Stellar’s decentralized blockchain and therefore, once the P2P software is released, anyone can use it freely.
This means that the user has full control over their own resources, wallets and tokens. In addition, it is also possible to earn interest on deposits thanks to partners who recognize a percentage to those who choose to deposit their funds.
All this is made possible by Stellar’s native technology, which does not use several layers to manage orders or smart contracts.
In addition, the mechanism for reaching consensus on Stellar does not require capital to function, so all capital deposited on StellarX exchange remains in full control of the user.
If you have a bank account in the United States, you can also deposit dollars directly to StellarX using ACH.
In addition to dollars, other fiat currencies are also available, including euros, Philippine peso, Nigerian naira, Chinese yuan, Hong Kong dollar and British pound, for which in-app deposits and withdrawals will be possible.
Using Stellar’s native resources means that all trading take place on-chain, which allows for a very transparent process, both for users and for token issuers.