Happy Friday! Here at expresscoin, we’re always on the lookout for new and interesting digital currencies. Since we started, we’ve added a handful of other digital currencies besides Bitcoin such as Litecoin, Dogecoin, Blackcoin, and Darkcoin. You can always check their prices on our pricing page. We also get lots of feedback about other digital currencies, keep it coming!
Although Bitcoin is central to our hearts and minds, we know that there has been and always will be more choices on the digital currency front. Today we’re exploring the possibility of adding Stellar to the mix. If you don’t know, Stellar is a new digital currency that has an opportunity to “rewire the network” of how currencies are exchanged.
At the core of their philosophy, is the Stellar Gateway. This Gateway is the way for entities to get in and out of other financial networks. In other words, it makes entities like expresscoin have the capability to move and exchange funds from one currency (digital or not) to another. As we expand to new currencies in the future, we’ll use the Stellar Gateway behind the scenes to efficiently get the currency we need. Stellar also has its own currency called, you guessed it, Stellar or STR. This is the currency that enables entities to transfer from one currency to another.
At the moment, the Gateway platform is still being developed. We will actively follow their progress and hope to be involved in the process. For those of you interested in Stellar, they are distributing free STR to anyone who signs up on their site! Check them out at stellar.org.
We will be selling Stellars soon. In the meantime, if you have Stellar that you want to trade for Bitcoin, find the the “Sell Stellar” button we created and we’ll happily give you Bitcoins for them. Once you make a sell order request, go to stellar.org and transfer your Stellar to the user “expresscoin” and we’ll deliver the Bitcoin to the address you specify.
In the coming weeks, we’ll be offering it as one of the digital currency you can buy with our existing payment methods! Stay tuned for that!