$0.08259 -2.81%
XLM · 27w

StellarTerm overview: Start trading on SDEX in seconds

If you’ve been following Stellar ecosystem for a while, you may be already familiar with StellarTerm — gateway to Stellar Decentralized Exchange. Today, we are here to give a little overview for those who are yet to try StellarTerm out.

StellarTerm is an advanced and agile open-source trading client built on top of the Stellar Network.

— Open source and local key storage

StellarTerm is an open-source software hosted on Github and published under Apache License 2.0. Anyone can view the latest code and make suggestions — transparency is very important for us.

The secret key of your Stellar account is stored in an encrypted form on the device (inside a browser) and never leaves it. In both the web and desktop versions, your secret keys are never sent to any server.

The StellarTerm software signs transactions locally and helps you publish them on the Stellar Network.

Your secret key is deleted from the secure storage once you log out from the account, refresh or exit the page. This allows you to be sure that your funds are safe and can’t be accessed by someone other than you.

— Instant access using the secret key

Log in using your secret key or use Ledger device

Sometimes you just need to make a single transaction and don’t want to go through the complex sign up process to manage your wallet.

That's where StellarTerm comes in handy as it features a fast and simple sign in process. Just paste your secret key into the field and you are in, no email or password required. Establish a trustline, place an order and send funds — everything is just a few clicks away.

StellarTerm also features the full support of Ledger hardware wallet allowing you to log in and sign transactions using your Nano S device.

— Advanced trading features

With direct access to the Stellar Decentralized Exchange, users can trade hundreds of market pairs using one modern and simple interface, that features:

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