A review of Stellar Gold Platform and its Plan to Make Cryptocurrency to fiat Conversion Increase Cryptocurrency Adoption

in xlmg •  6 years ago  (edited)

Introduction

Have you for once ever imagine the possibility of having a fully cryptocurrency powered finance economy?, Is it possible to achieve a fully powered cryptocurrency marketplace which allows for easy buying and selling of products through payment wit crypto assets?, or perhaps, the right question we should be asking is that why has there been high record of failure from previous blockchain projects that have tried making this a reality?

With my little experience in the cryptocurrency industry, I can vividly point it out that the main challenge being faced with cryptocurrencies is volatility which is the main reason why most cryptocurrency based marketplaces fail in delivering their services. Also, business owners that want to incorporate cryptocurrency mode of payments into their businesses also find it difficult to fully depend on cryptocurrency payments because of the reduction in funds value being experienced between the little period of time the funds were being received an the time of conversion into real fiat.

What then is the main solution to this lingering problem?

How can we achieve a better adoption of cryptocurrency that won’t get people scared of losing their hard earned funds to cryptocurrency volatility?

Without wasting much of our time here, you will agree with me that the best way his can be done is through the availability of a standard platform that will allow the instant conversion of cryptocurrency into real fiat within the shortest period of time without high charges that will scare users away.

With this type of platform in place, then a lot of business owners can easily accept cryptocurrency payments without the fear of losing hard earned funds.

How does Stellar Gold platform intend to achieve this?

Stellar Gold platform is a stellar blockchain based platform that is solely dedicated to the free, easy and convenient conversion of cryptocurrency into real fiat.

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An exceptional feature of this platform includes the ability to allow its users make cryptocurrency payments and international transfers without heavy transaction fees as being experienced on other platforms.

Some other features of the platform that makes it exceptional form its other blockchain counterpart includes top class security, extremely fast transaction, good scalability and lastly, ability to make worldwide transactions.

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On stellar Gold platform, there will be availability of the stellar gold application which users can use to manage their tokens easily and also get more information about new projects.

The native token of this platform is stellar gold token with the #XLMG symbol.
This token is stored securely in Lobstr wallet and it will be easily transferrable with easy withdrawal as well.

There is also the opportunity of making direct trade from the wallet which is highly secured, simple, and allows smooth transactions.

In conclusion, cryptocurrency to fiat conversion can now be easily made with the new Stellar gold platform which has proven beyond all doubt that it is capable of achieving this it’s well laid out plan. Also considering the competency of the set of team behind the project, then I will consider this platform to be an exceptionally successful one.

For more information and enquires, kindly check the following links;
Website
Whitepaper
Facebook
Twitter
Telegram
Reddit
Medium

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