Explore StellarTerm: Trade GYEN and ZUSD on the Stellar network
Following our previous article on StellarX, in this article, we will look at another trading platform on the Stellar network that now supports GYEN and ZUSD: StellarTerm.
What is StellarTerm
StellarTerm is an open-source trading client built on the Stellar network, providing users with a secure and convenient way to explore order books, execute trades, and interact with Stellar decentralized exchanges (SDEXs).
It acts as a gateway to Stellar decentralized exchanges that enables users to interact directly with the Horizon Stellar API. With a fast sign-in process using secret keys, StellarTerm eliminates the need for emails or passwords, allowing users to access their accounts efficiently.
While it facilitates transactions on the Stellar network, StellarTerm is not an asset custodian and does not store tokens, crypto assets, or secret keys on behalf of its users.
Supported Wallets on StellarTerm
StellarTerm is fully compatible with multi-sig wallets and also supports Ledger and Trezor hardware wallets for increased security. Integration with LOBSTR Vault and other multi-sig solutions ensures a safe and efficient trading experience on the Stellar Network.
▶ Learn more about LOBSTR: GYEN and ZUSD Pairs are Now Live on StellarX
Trading Fees on StellarTerm
Transaction fees on StellarTerm are designed to be user-friendly. There are no extra charges for users, but regular Stellar network fees apply. The fees can range from 0.00001 XLM to 0.003 XLM, according to StellarTerm’s website.
The Stellar network also requires each account to have at least 1 XLM (around $0.105 at the time of writing) and adds 0.5 XLM for items like assets, trade offers, or account signers. To make sure transactions run smoothly without going below the minimum balance, StellarTerm keeps an extra 0.5 XLM reserve.
Explore GYEN and ZUSD on StellarTerm
StellarTerm now supports the following trading pairs of GYEN and ZUSD:
・XLM/GYEN
・USDC/GYEN
・GYEN/ZUSD
・XLM/ZUSD
Trade GYEN and ZUSD on StellarTerm
▶▶ https://stellarterm.com/
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📰 GYEN and ZUSD Pairs are Now Live on StellarX
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Disclaimer
This content is not financial advice and it is not a recommendation to buy or sell any financial instruments, FX trading, cryptocurrency or engage in any trading or other activities. You must not rely on this content for any financial decisions. Acquiring, trading, and otherwise transacting with financial instruments or cryptocurrency involves significant risks.We strongly advise our readers to conduct their own independent research before engaging in any such activities.GMO Trust does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader's location. It is the reader's responsibility to know the applicable laws in their country.
