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Ikeja
3 Level
33 Review
159.25 Karma

Review on Stellar by Oludunni Oluwafemi

Revainrating 4 out of 5

Best exchange for transferring funds.

Stellar cryptocurrency is one of the best digital assets which is used transferring funds, due to it's transactions fees and speed. Stellar cryptocurrency is an open source network and it's fully decentralized. It is listed on many exchanges, and can be stored in many available wallets.
Stellar owns it's own wallet which is named lumen wallet. It is a cross currency wallet because it can be changed and send in different currencies.
Stellar platform is designed in such a way that the users can be connected using a single commercial network.



Pros
  • Stellar is a decentralized exchange, which is very easy to set up and use.
  • Stellar is very secured, as it has identity verification and two-factor authentication.
  • It has a low transaction fees and approval time is also very fast, just 2 to 5 seconds.
  • it can be traded on many cryptocurrencies platform.
Cons
  • There are lots of competitors

Comments (3)

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June 17, 2020
Stella one of the platform that has no security issues. The history shows that the platform is never been breach. The platform is so easy that even the new users can make use of it without any issues.
June 15, 2020
It has many advantages, stellar was listed among popularly know cryptos on many Exchange, it can be store in many wallet and also have it own wallet. It such a wonderful crypto that was created in away that users will have access to exchange and wallet on the same network.
June 15, 2020
Stellar is a good platform for transferring money accross the boarder with ease, fastness and very small fee. The stellar foundation has been doing a great job so that the usefulness of stellar can be seen and embrace.