Do you have your account on the Gibraltar Blockchain Exchange? If yes, you must be aware of this newly launched market. Currently, it is on an exploration drive which adds the trading for Stellar (XLM) to its portfolio.
This news about listing Stellar follows their support for EOS markets. Recently, the platform added the listing for EOS as well. Stellar XLM ranks among the top 10 crypto coins as it relatively offers high supply worth more than 19 billion.
Eventually, at the time of writing, XLM takes the ninth position by market cap, trading at $0.081116. Rampart Corporate Services sponsors the listing of XLM, as the exchange is following a standard practice to back up the assets. According to the founder at Rampart Corporate Services which is a GBX Sponsor Firm, Peter Howitt, states:
We are delighted to have worked with Kurt and the GBX team and Boris Reznikov of Stellar Partnerships to act as the sponsor firm for Stellar (XLM) on the Gibraltar Blockchain Exchange. Stellar is a great brand with the potential to help bring borderless safe and low-cost payments to the world and is a great fit for GBX.
Considering the late actions, Stellar XLM somehow maintains to compete with Ripple XRP, as these assets keep up solutions delivering cost-effective and safe cross-border transactions. Moreover, the Stellar project holds some additional token facets:
- A Stellar DEX built-in market
- Potential to be an ICO platform
Meanwhile, a plus point to the Gibraltar Blockchain Exchange market will give them a potential to trade at relatively low price asset. Also, along with high probability regarding the ongoing volatile price movements.
Stellar XLM trading is more active on new exchanges including ZB.Com, Exrates, and LATOKEN. Moreover, it previously relies upon the Korean exchange platform as well as the Binance activity. As of now, the Gibraltar market seems to be just taking off. Hence holding some handful latest assets which involve Ripple XRP and TRON TRX.
As we all know that the Stellar project is basically an open-source to a network of Ripple. Its major significant achievement being a startup is the collaboration with IBM. However, the digital asset still is striving for recognition within some hot projects, as they face complexities with wallets, the transactions understanding as well as with the Lumens.