STELLAR GOLD REVIEW
The birth of bitcoin led to several hundreds of cryptocurrencies, though the main idea behind cryptocurrency is to secure and anonymous way to transfer currency from one person to another. To further develop this anonymity, Satoshi Nakamoto developed a digital ledger of bitcoins transactions called Blockchain. However, the influx of people into the market has made an astronomical rise of cryptocurrencies like Bitcoin and Ethereum, hence made cryptocurrency market popular.
Nevertheless, trading cryptocurrencies and exchanging or converting cryptocurrencies to fiat on the other hand has been seen to be a major barrier affecting the cryptocurrency market. Many often time people get scared and discouraged due to the high cost of transaction and risk involved in trading cryptocurrency. This was what led to the birth of STELLAR GOLD. STELLAR GOLD is leveraging blockchain technology to proffer solutions and ease the conversion of cryptocurrency to fiat.
DISTINCTIVENESS AND UNIQUENESS OF STELLAR GOLD
Stellar Gold is a unique platform aim at proffering solution by leveraging blockchain technology to provide an innovative, secure, transparent, cryptocurrency payment integration which will make the conversion of cryptocurrencies easy and done without the need for intermediaries or third parties. Users within the Stellar Gold platform will be able to convert cryptocurrencies to fiat at a low cost.
- Fast Transactions: The stellar lumen blockchain fastens transaction hence the need for stellar Gold to leverage the Stellar Network to provide a transparent and fast transactions.
- Cheap Price: Stellar Gold platform offers cheap price with an innovating segment where transactions can be done with speed and low transaction fee.
- Security: Since Stellar Gold leverages Stellar blockchain technology and open key cryptography devices and strategies, Users funds will be protected to avoid loss of funds. Transactions will be approved by the sender before been finally processed.
- Scalability: Stellar Gold offers scalability in such a way that can handle upto 1000 transactions within seconds. The stellar network also keeps duplicates of system record.
- Worldwide Transactions: Stellar Gold also provides worldwide transactions in a secured and transparent way. With Stellar Gold, users can make installment and associate with banks anywhere in the world without having any issues.
STELLAR GOLD WALLET
XLMG Tokens can be stored in the Lobstr wallet and can easily withdraw, transfer and trade the XLMG token from there at anytime and anywhere. The LOBSTR wallet is simple to use and a well secured cryptocurrency wallet that manages lumen based tokens.
THE XLMG TOKEN
The Stellar Gold Token is a Stellar Based token and will be made available on stellar port for sale. It is also compatible with third party wallet, services and exchanges.
The token sale goes thus:
Start: March 28, 2019 (9:00AM GMT)
Number of tokens for sale: 10000000 XLMG (9%)
End: May 28, 2018 (11:00AM GMT)
Tokens exchange rate: 4 XLM = 1 XLMG, 1 BTC = 300000 XLMG
Acceptable currencies: XLM, ETH, BTC, LTC, XRP, SLT, BTX
Minimal transaction amount: 1 ETH/ 1 BTC/ 1 LTC
Token sale will be available through https://stellarport.io a Stellar Decentralized Exchange.
Kindly visit the below website for more in depth knowledge about the project:
Author’s bountyOx username : Obembe