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>> No.5763342 [View]
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5763342

>>5763294
>FairX is a new exchange backed by IBM that looks to, I assume, make it easier for the common man to buy cryptocurrency. Note that I said cryptocurrency, and not Bitcoin. Right now, a lot of the crypto-exchanges are a complete mess – there's really no easy way for the common man to buy coins outside of what's on Coinbase. On top of that, some of the biggest exchanges only allow crypto-to-crypto exchanges, which creates a process that can take hours due to network congestion, and adds extra fees and steps. This is where XLM's distributed exchange comes into play. With XLM, cross-asset payments are very possible, which means that it doesn't matter which currency you buy with, XLM will take care of this in the background.
t. Reddit

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