Stronghold is a financial services platform that enables payments, trading, and USD reserves using our technology products like Stronghold USD and our platform APIs.
|Mkt.Cap||$ 71.39 M||Volume 24H||0.00000000 SHX|
|Market share||0.01%||Total Supply||100 B SHX|
|Proof type||N/A||Open||$ 0.0007|
|Low||$ 0.0007||High||$ 0.0007|
Warning about using Stronghold : Stellar
Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions. As a USD anchor, Stronghold serves as one of the on- and off-ramps for US dollars in Stellar's systems, and "a cornerstone piece of bringing the Stellar network to mass market adoption" in the words of Stellar co-founder Jed McCaleb. Stronghold wants to provide a better financial infrastructure that would reach both the underbanked population, as well as cater for some of the larger organizations.
The XLM token has been rallying recently, fueled by a string of positive news and Coinbase saying it's one of the tokens that could be added to their platform in the future. On July 13, XLM was trading at $0.18 - now, one XLM will set you back $0.29. Tether is being used by the vast majority of the largest cryptocurrency exchanges (USDT has seen $3.48 billion trading volume in the last 24 hours), so displacing it will be anything but easy. Then when you request a transfer they use an intermediate account to pass it through. I trust you so if you’d like to see this account on the blockchain, PM me.
Stronghold Releases USD Stablecoin for Stellar, Partners With IBM
The value of stable tokens is pegged to liquid or stable asset classes. In the case of Stronghold USD, the asset is U.S. dollar reserves held in custody by a state-chartered trust company. As the name might suggest, World Wire focuses on foreign exchange and cross-border payments to a greater degree than Stronghold itself.
Is Stronghold Just Another Stablecoin?
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Stronghold Token (SHX)
It took them 12 days to reply and they didn't even refund the money lost on their exchange. We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market. finder.com.au has access to track details from the product issuers listed on our sites.
This allowed me to do some digging on the blockchain and find the Stellar account that Stronghold created for me and see what was going on. When you request a withdrawal they transfer assets from your Stronghold Stellar account into a transfer account and then onto its destination. About 2 weeks ago I deposited some USD with Stronghold (/u/strongholdxchg) in order to get the SHx bonus and also to try out their trading platform.
2. Upcoming token offerings
Essentially, Stronghold acts as an “anchor” and holds funds on behalf of its clients. From there, it issues credits that circulate on the Stellar blockchain. Later, the recipient can convert those credits back to regular funds. This information should not be used for any financial decisions.
Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
But many other blockchain platforms offer the same thing, so it’s worth taking a look at precisely what Stronghold has to offer. In fact, Stronghold has dramatically reduced its support for general users. Stronghold USD may still be circulating on other exchanges in small quantities, but market aggregators like CoinMarketCap now list Stronghold USD as “inactive” for retail investors.
- IBM, the IBM logo and ibm.com are trademarks of International Business Machines Corp., registered in many jurisdictions worldwide.
- It essentially runs its tokens over the Stellar protocol to enjoy its benefits without all the troubles of building an entire protocol from the ground up, or needing to delve into the tokenomics of network security and other headaches.
- This information should not be used for any financial decisions.
1. Live token offerings
ICORating does not provide investment, financial, or legal advice. Trademark “ICORATING” is registered under international registration number and legally protected in the European Union. Stronghold also offers a secure managed wallet service and promises that hundreds of digital assets will come to the exchange. The Stronghold platform offers various features, such as instant digital cuurency transactions, trusted network scalability and professional tools that help users buy or sell their digital assets.
I entered everything correctly and submitted the order and somehow, it only gave me 19,466 SHx when it should have been around 80,000-90,000. There's definitely something wrong with their exchange interface.
Stronghold’s mission is to not only take the Blockchain technologies that are already out there today but to actually make them usable for the users. So one of the big problems is that Stronghold has introduced a whole heap of new currencies that people don’t know how to use, they don’t even know what they are. Stronghold wants to make sure that users can see normal currencies, like the United States dollar, but have that supported by Blockchain infrastructure.
Summary Ratings for Stronghold Token
If I login to my stronghold account on my laptop, phone or server, then I have no account balances at all. If I login to the same account on my main pc then I have all my account balances. After I saw this I then tried submitting multiple transactions in the smaller amount in order to try and get all of my funds out. Success, success, success, FAILURE when I tried to 2x the smaller amount. However, my Stronghold Stellar account WAS emptied of this amount, but their transfer account never sent it on to me.
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