Well, that is a tough one. STeX certainly will have a guide on how the exchange works and how you'll be able to use it. In fact, the video above already gives some great insights. But showing someone how to trade is only the description of the tool (the exchange). It is much more important to know how, what and when to trade because a good exchange gives you only the means to better execute your trading ideas; more conveniently and/or faster - it offers you options. You still have to choose and know what you're doing. Therefore, try to learn as much as you can before actually investing money. Make notional trades on paper or use a demo market. There are also apps where you can do trades in demo-mode.

Also, try to get familiar with different coin types and follow them. As you said, the market cap is important and it certainly has an impact on volatility, yes, but you also need to understand that the market cap reflects the risk you are taking with a coin. Low cap coins can have a huge potential, sure, but they also have also a lot of risk attached to them. So diverse your investments an don't forget to take profit
For a start, have a look at Risk Management Techniques For Active Traders (investopedia).

Watching the video is a great first step, yeah. I'd also recommend that you always do your due diligence when trading a coin. Always look it up, at least its market cap and (circulating) supply, better still if you know its fundamentals and how it fairs compared to coins/tokens of its kind/that might do the same/solve the same problem.

Die Nutzung von SMS im privaten Bereich hat sicherlich abgenommen, seit es immer mehr IM gibt. Allerdings werden Service-SMS verstärkt genutzt. Allein Banken mit ihrem mTAN-Verfahren, Infos zu Buchungsbestätigungen und selbst bei TradingView kann man sich Notifications per SMS zusenden lassen. Auch Werbe-SMS sind eine viable Option für Unternehmen.

Ich denke, dass es bei dem automatisierten SMS-Versand primär im Markt um solche SMS geht, die informativen Charakter haben und keinen Rückkanal erfordern. Bei einem Dialog eignen sich Whatsapp & Co. definitiv besser, trotzdem haben die meisten Handy-Verträge ein SMS-Kontingent und das nutzen die meisten Menschen nicht und selbst wenn reizen sie es nicht aus. Das ist aus meiner Sicht die Stärke des Birdchain-Konzepts und die wenigsten Menschen werden sich darüber beschweren, Dinge monetarisieren zu können, die sie sowieso gratis erhalten (monatliches, unausgereiztes SMS-Kontingent).

Update
Nach dem erfolgreichen Closed-PreSale ist jetzt der 43%-Bonus für alle aktiv!

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The STeX Team is actively developing the backend and is working very hard to release the alpha version in Q1/Q2 as the ICO got delayed a bit. Technically they are on time with their development if you take into account that the ICO got delayed because of differences with a team member (that left).

They have given us some sneak peaks by releasing some modules that they have developed, like DEEP (https://deep.stex.exchange/) and their BTC/ETH gateway (https://www.youtube.com/watch?v=EK1Ub5IsfYM).

You should really watch the last video. I really hope that they deliver this in their beta:


https://www.youtube.com/watch?v=A9O4jQlpiFs

That really is a problem, but keep in mind that there can be a whole bunch of reasons for wallet issues (which is again the main reason exchanges deactivate deposit, withdrawal and/or trading). Exchanges are dependent on the devs of a coin or a token. Things like hardforking without telling the exchange in advance or making a wallet update without giving exchanges time to implement isn't really the exchanges' fault.

Nevertheless, you are definitely right in terms of communicating problems. In my opinion, an exchange should always give a reason why a market is suspended or withdrawals are deactivated, always. Even better would be communicating if the devs are informed and what the next steps are.
I hope that STeX has a plan here

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Sure it is
The STeX Team is actively developing the backend and is working very hard to release the alpha version in Q1/Q2 as the ICO got delayed a bit. They have given us some sneak peaks by releasing some modules that they have developed, like DEEP (https://deep.stex.exchange/) and their BTC/ETH gateway (https://www.youtube.com/watch?v=EK1Ub5IsfYM).

And of course, the last video:

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This is indeed something, that wasn't mentioned anywhere and a topic where NO exchange shines right now. Most treat their customers like crap.

I'd like to add to resp. specify snewvines question: Will there be an official service-level agreement (SLA) between STeX exchange and it's customers?  That's what I'm missing at exchanges. They are service providers that get paid for services rendered and the sums that are sometimes involved would justify an SLA in any other business that I know of. If my bank wouldn't respond when I try to withdraw $20k I'd be sitting in my car and be on my way and everyone would understand my reaction. With Poloniex e.g. we can count ourselves as lucky if a support request gets an automated reply after a couple of months.

Will STeX be different? And how?

Nice, thanks for the clarification.
So, technically there is no way to transfer the tokens on our own (if the get transferrable) without losing the 20%? As I understand there will be a STeX wallet/accounting system that will help users to easily transfer their tokens between their accounts. I assume that in order to keep our 20%, we have to register our wallet addresses (eligible for that 20 % bonus) with said system and then we may transfer funds to all wallet addresses registered?

Do you have an eta for a 'normal' registration or account creation on STeX? Right now, we only have our referral links. I personally would prefer to be able to create an account and also that people who we refer can do that. If someone has an account on a site, he is much more inclined to use that site again and check for updates etc. That way, we could also refer people that don't want to invest (yet). Because if they have an account, it will be much easier for them to invest in the project, as they have already some form of 'connection' to it. And even if they don't invest, they'll be much more inclined to transfer funds to the platform, if they already have an account.

Yes, especially the last Youtube video could gain much attention and is a good way to show what the exchange will be capable of. So if you encounter someone who doesn't know about STeX, show it to them, we need a bigger audience 

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That's an interesting question. I myself (obviously) am very positive regarding the STeX project as it has huge potential. But at the same time, that is my worst fear - it's only potential so far. True, the video is promising and if everything that is shown there works as described than I truly see very few downsides. There are more and more exchanges coming out and it gets harder and harder to get customers. Binance had this kind of success because of Bittrex and Polo failing their customers every day a bit more and they also had some other factors in their favour. The exchange itself wasn't nearly that good as it is today but they worked very hard for that and had always their customers in mind.

I find it hard to come up with CONs as I couldn't test the system. I think in order to get a real picture of the STeX vision, we need a live demo or alpha/beta.
In my eyes, an exchange must be fast, easy to use and must have a clear interface & features. E.g. I don't get why not every exchange has featured "Trade Analysis" like Poloniex:


I really don't get it. And even this could be better. But most 'older' exchanges are just horrible when it comes to analyzing your trades. I myself don't even try to do it on the exchange. And that's what I don't get. The easier it is for a (new) trader to use an exchange, the more he will use it. He will depend on its features and even miss them on other exchanges if they don't offer them.

So if the STeX team delivers a platform with said features, with good infrastructure and if they are showing continuous improvements like Binance, then this could very well work. One of my main concerns regarding the launch and the exchange itself would be communication and customer relations. That is an area where STeX could improve mightily. I don't want to be rude, it's just my opinion and there is more than enough time to fix that

I don't exactly know how the distribution will be handled and where the funds are allocated, but this would be a fair assumption as the funds need to be on the exchange in order to be used there and so that the transaction can be (almost) instantaneous.
Maybe Ivan [STeX] can elaborate on this a bit.

Well, as I understand, there doesn't need to be an explicit trading pair like DCR/BELA since you trade through the liquidity pool.
Let's make a simple example with a few assumptions:

• you want to trade DCR/BELA
• your main exchange is Bittrex
• on Bittrex DCR/BTC is traded but no BELA/BTC
• on Poloniex DCR/BTC and BELA/BTC are traded but you have no account

Now you've got several options if you want to sell your DCR and get BELA.
Right now, the 'easiest' way would be to create a Polo account and either trade your DCR to BTC on Bittrex and then transfer them to Polo and trade BTC/BELA or to transfer your DCR to Polo, trade them there for BTC and then again buy BELA with them.
This is a pretty long way to go but in the end, you'd have your DCR/BELA trade.

With STeX, it will be much easier and faster:
The STeX platform is connected to other exchanges and trades through its liquidity pool. What it means is that STeX knows the rates of DCR/BTC and BELA/BTC on Polo and the rate of BELA/BTC on Bittrex.
The chain would be as follows:


This is way more convenient and not nearly as time-consuming as doing those trade yourself + you don't need to wait for the transfer of your coins from one exchange to the other.
But there is more to it. Because STeX knows all rates of the connected exchanges, it also always knows where the best rates are. So, if the rate of DCR/BTC is more favourable on Bittrex than on Polo, STeX would trade DCR/BTC there instead of on Polo and if there is a better chain, the algorithm could use that instead, e.g.:


In this example, you'd also give DCR and get BELA but through the STeX liquidity pool, you made the most favourable trade possible compared to trading DCR/BTC and BTC/BELA directly on Poloniex.

There are so many possible solutions and ways to save fees, profit from different spreads, make arbitrage...

The liquidity pool ensures, that there always is capital for your trade and the STeX algorithm uses the pool to make the best trades/chains.


The STeX liquidity pool is much much more of course. Since it gets larger and larger, it can also have the most important (trading-)coins in store and can make the trade that much faster. It all depends on the management of the liquidity pool, of course.


So to answer your second part of the question:
If there would be a dedicated DCR/BELA market, you'd be absolutely right, the number of orders would be very few and the rates really bad since the order book would be nearly empty because few people would trade this pair. BUT there is no such market and the order books of DCR/BTC and BELA/BTC on other exchanges are much more likely to have more entries in them and so your rate is way better.

That way, you'll be able to trade the most exotic pairs you can imagine without the need of a dedicated trading market while still having the best rates possible + filled order books.