|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||July 4, 2019|
|End||September 30, 2020|
|Minimum investment||1 STDEX|
|Tokens for sale||45000000|
|Accepting||ETH, BTC, USDC, EUR|
ICO description, Technical Details and Documents
StableDex is one of the first decentralized platforms, among the existing cryptocurrency exchanges, that focuses its operations on providing the services of peer-to-peer conversion of stablecoins in order to mitigate the volatility risks inherent to conventional cryptocurrencies, thus raise the appeal of the crypto space for the hesitant investors.
Right now, the project is having a sale of STDEX, the ERC-20 token that exercises the function of the primary currency of the StableDEX marketplace for stablecoins.
StableDex indicates Estonia as its place of registration, though the project’s core team is comprised mainly of Swiss specialists. No information has been revealed as of yet regarding the obtainment of any operational licenses from the corresponding Estonian authorities.
The main objective of StableDEX is to create a fully-featured decentralized trading platform on the basis of the Ethereum blockchain that enables seamless P2P crypto trading while allowing users to maintain full control over their crypto assets.
Apart from allowing traders to retain full custody of their tradable assets, StableDEX offers a host of other features, some of which are not available on most decentralized platforms.
Margin trading, an instrument that gains popularity on crypto exchanges. It affords an opportunity to manage investment risks more efficiently and carry out leveraged trading, using funds borrowed from a third party.
Transaction mining is the scheme that provides for the acquisition of STDEX tokens by means of so-called “transaction mining” - rewarding users whose 30-day trading volume exceeds 1 million USDT.
Automated trading comes in the form of the realtime websocket APIs, thanks to which users can apply personalized trading algorithms and execute sophisticated strategies. StableDEX also has a loyalty program which rewards users who hold from 10 thousand to 1 million STDEX for a prolonged period of time, but no less than 30 consecutive days.
StableDex also promises to impose low transaction fees which amount to 0.15% in base currency and 0.05% is STDEX; the exchange won’t charge any withdrawal and listing fees.
StableDex has already conducted an audit of the STDEX token and now is in the process of development of the DEX platform, the alpha release and full launch of which should take place in Q3 of 2019. The incorporation of all major features must occur by the end of this year. In 2020, the project will start developing a mobile application for stablecoin trading.
StableDEX is present only on two social media platforms: Twitter - 9,133 followers, and Telegram - 14,139 group members. It should be noted that the project’s audience on both platforms is very active, reacting to every publication with hundreds of likes and retweets.
The offering of STDEX now takes place on ExMarkets and will run until August 31. 45 million is the total amount of tokens allocated for the sale. The IEO price of 1 STDEX is 1 Euro. There is no minimum investment threshold. The project accepts BTC, ETH, USDC, and EUR. All investors must pass KYC. Citizens of the U.S. and China will not be admitted to the token sale.
* Crypto Rating accepts no liability for any errors in the StableDEX ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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