GYEN and ZUSD Pairs are Now Live on StellarX

GMO-Z.com Trust Company
GMO-Z.com Trust Company
3 min readMar 13, 2023

We are pleased to announce that GYEN and ZUSD pairs are now available on StellarX, a decentralized exchange user interface for the Stellar trading environment.

From Ethereum to Stellar blockchain, GYEN and ZUSD can now take advantage of faster verification times and lower transaction fees, bringing traders a more seamless and efficient trading experience.

What is StellarX

StellarX — DEX trading platform with AMM access

StellarX is a graphical user interface (GUI) for the decentralized Stellar exchange, enabling users to trade a wide range of assets through its intuitive interface. Unlike cryptocurrency exchanges, StellarX does not operate its own trading system or hold users’ assets and private keys within the platform. Instead, it provides secure and convenient access to the public Stellar trading environment, setting it apart from other exchanges.

Transaction fees on StellarX

Trading on StellarX comes at no cost to users. While the Stellar network charges a nominal transaction fee of 0.00001 XLM to prevent spam, StellarX refunds the transaction fees for every trade on its platform, making it an affordable and convenient option for traders.

Wallets for StellarX

LOBSTR — Simple & Secure Stellar Wallet

Users have several options to start trading on StellarX, including using Stellar wallets, Ledger, and more. Among these options, LOBSTR Wallet is a popular choice for storing and managing Stellar assets. This user-friendly wallet offers features like multi-sig support, 2FA authentication, and easy integration with other Stellar-based services, making it an excellent choice for traders looking to explore the world of StellarX.

Trade GYEN and ZUSD on StellarX

StellarX provides a gateway to various assets from cryptocurrencies to fiat tethers. GYEN and ZUSD trading pairs are now available on StellarX for traders to explore new opportunities and diversify portfolios.

GYEN and ZUSD pairs live on StellarX:
XLM/GYEN
GYEN/USDC
GYEN/ZUSD
XLM/ZUSD

Trade GYEN and ZUSD on StellarX Now
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https://www.stellarx.com/

As part of our ongoing efforts to connect traditional finance with the crypto space, we will continue expanding our stablecoin ecosystem to bring traders unparalleled convenience and benefits.

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About GMO-Z.com Trust Company

Building Financial-Grade Digital Assets. The World’s First Regulated JPY-Pegged Stablecoin Issuer. Visit our website to learn more: https://stablecoin.z.com/

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.

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GMO-Z.com Trust Company
GMO-Z.com Trust Company

Connecting traditional finance and blockchain technology for everyone. We issue GYEN, the first regulated JPY stablecoin, and ZUSD, our trusted USD stablecoin.