Blockchain

Coinsquare Acquires StellarX: Canadian Exchange Takes Over

Coinsquare Acquires StellarX: Canadian Exchange Takes OverCoinsquare Acquires StellarX: Canadian Exchange Takes Over

Canada’s largest crypto exchange Coinsquare has acquired the StellarX DEX according to a press release published yesterday.

Under the terms of the agreement, StellarX will become a fully-owned subsidiary of Coinsquare and will now need regulatory approval to operate its service under the Coinsquare umbrella.

Coinsquare Acquires StellarX

Based in Bermuda, StellarX describes itself as “the first decentralized crypto platform with global fiat gateways. You can trade Bitcoin for Euros for Chinese Yuan on StellarX. That’s not possible anywhere else.”

Developed as an on-ramp for traders, customers have the ability to deposit fiat money directly from their US bank accounts for trading against specific coin pairs.

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