Stellar Gold (XLMG): Convert to fiat with no conversion fee charge

tonyryce95 (41)in #blockchain • 5 years ago (edited)

INTRODUCTION

A novel exchange platform with state-of-art features to combat the shortfall of existing payment and exchange platform, Fast, secure, non-custodial off chain swaps, simple interface, easy conversation to Fiat, XLMG is the future of cryptocurrency exchange.

The mainstream adoption of the blockchain technology remains the biggest challenge in the crypto sphere. Promising to be a disruptive technology, the blockchain technology has so far failed to live to the hype since invention.

The good news keeps coming in with Dubai aiming to become the first city to be powered by blockchain technology come 2020. Apart from the vision of a smart Dubai city powered by blockchain, there had been different adoption of the blockchain technology from sport, to aviation, health, IoT and more, but the mainstream adoption of the public open ledger book technology keeps proving elusive with no thanks to its complexity and slow transaction speed.

Many sees the blockchain as an inventive technology still in it early days before mainstream adoption and needed much more improvement in many areas more noticeably it's liquidity as characterized by the slow rate of process of transactions on various exchanges built on the blockchain platform.

What is XLMG (Stellar Gold)?

XLMG is an exchange platform of the stellar blockchain that allows for the easy conversion of cryptocurrency to fiat on a global scale. Thé sole aim of XLGM is to develop a means of moving money across borders using cryptocurrency, with ability to convert cryptocurrency to fiat without any charge with lightning speed and stellar blockchain was adopted against bitcoin and ethereum blockchain to counter the issue of scalability. While many exchanges intend to provide solution to a particular problem, XLMG surpassed that by simultaneously providing solutions to multiple problems like slow transaction speed, conversion fee charges and more using it private blockchain facility.

Amazing Features of XLMG

● Fast Transaction Speed: While bitcoin blockchain will process 7 transactions per second and ethereum blockchain will process 20 transactions per second, the stellar blockchain adopted by XLMG will process above 1000 transactions per second giving XLMG the much needed speed.

● No conversion fee: With most traders having to deal with high transaction fees on exchanges or even the difficulty and inability of exchanges not being able to convert cryptocurrency to the much more established fiat, XLMG simultaneously solve these problems. Successful transactions between cryptocurrency and fiat is dubbed the future of crypto, with it enhancing the mass adoption of cryptocurrency. Easy conversion of cryptocurrency to fiat with a lightning speed and a no conversion fee making XLMG the front runner of all exchanges.

● Digital Arbitrary: XLMG provides avenue to solve dispute that might arise from completed transactions.

● World wide Transactions: Ability to transact cryptocurrency with fiat makes XLMG banks oriented and ease cross border money movement.

● Security: Stellar Gold (XLMG) provides inherent security using the more advance stellar industry-standard open key cryptography devices and strategies.

● Scalability: Scalability sure is one of the concerns slowing the adoption of blockchain, but with the high transaction speed backed by the stellar blockchain XLMG prove to be scalable.

XLMG TOKEN

A stellar blockchain compatible token will serve as the local means of transaction on XLMG platform.

March 28, 2019 (9:00AM GMT)

Number of tokens for sale
10000000 XLMG (9%)

End
April 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

WALLET

XLMG token can be securely stored in Lobstr wallet where it can be transfer, withdraw ör trade them.

Conclusion

With the main adoption of blockchain and cryptocurrency largely dependent on their ability to interact with the more established fiat and a much improved transaction speed, XLMG provides the much needed guile and craft to succeed in the crypto sphere, and with a no conversion fee traders can easily adopt the use of the platform. XLMG is indeed the future of crypto currency exchange.

For more Information and Resources:
Stellar Gold
XLMG WHITEPAPER