Post
Topic
Board Trading Discussion
Re: Stellarx the future of crypto exchange?
by
likerseld
on 03/10/2018, 10:51:00 UTC

What do you guys think of StellarX? Some have said that it's "too centralized."

https://news.bitcoin.com/a-review-of-the-new-stellarx-decentralized-exchange/

Quote
users retain sole custody of their funds, trades are executed against other users, and Stellarx has no access to funds. Throw in the ability to trade non-native crypto assets such as BTC and BCH, plus the option of making fiat currency deposits, and Stellarx starts to sound more like a centralized exchange than a bare bones DEX on a par with IDEX or Forkdelta. There are some caveats that come with trading non-native Stellar assets, which we’ll get to shortly, but straight off the bat, Stellarx is more feature-rich than any of its counterparts.


Hmmm… this is StellarX is starting to seem quite interesting. What is the trade against other users and how exactly does that work? I don’t think there is any exchanger that does that, seems like they are the first to do so. And another thing that interests me is that they don’t charge fees. I will just bookmark this so I can check it out from time to time to see people’s review about it before I take I decide to join them or not.