TALLINN, ESTONIA–Ultra Stellar LLC has acquired another Stellar project, the StellarX marketplace, from Coinsquare. StellarX is one of the most popular decentralized exchanges on the Stellar network. The totally free, peer-to-peer trading platform allows for the trading of all kinds of digital assets, including bitcoin and multiple fiat stable coins. On StellarX, users trade directly with each other with no middlemen and always retain sole custody of their funds.
Ultra Stellar develops apps on the Stellar network. Other Stellar products include LOBSTR, a simple and secure Stellar wallet, and StellarTerm, an open source client that can be used to access the Stellar Decentralized Exchange.
“StellarX provides the best DEX trading experience,” according to Dmitri Gmyza, co-founder of Ultra Stellar. “It’s a brilliant addition to our existing product portfolio. We know it has a huge potential and we will be pushing hard to reach it.”