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Author Topic: [ANN][ICO] STeX Exchange - 1st aggregator and 10000 cross-rates on one platform  (Read 16924 times)
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Holopopstyir
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January 29, 2018, 07:23:15 PM
 #301

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1st aggregator and 10000 cross-rates on one platform
If the platform becomes popular, then how much traffic is expected for this number of pairs? How will be solved the issue with the server and computing capacities?

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Whitethoughts
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January 29, 2018, 08:38:18 PM
 #302

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1st aggregator and 10000 cross-rates on one platform
If the platform becomes popular, then how much traffic is expected for this number of pairs? How will be solved the issue with the server and computing capacities?
This is not a problem, since if the traffic is big then the profit is big. It will always be possible to connect additional capacity or rent them in the cloud.

Pay4youractivity
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January 29, 2018, 10:05:50 PM
 #303

In fact, all other exchanges are competitors. Do you think it is possible to conclude a partnership agreement between competitors? And when one of which is a new firm that will fight for its market share?
Different exchanges have different possibilities. Some have problems with liquidity and the number of actively trading on it. If in this matter Stex offers good conditions, then they can conclude a mutually beneficial agreement.
If all conditions are favorable, then Stex can become a kind of aggregator of exchanges. This will be a very big achievement, since if you summarize the trading volumes on several small exchanges, you will get a huge amount.

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mithrim
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January 30, 2018, 09:29:36 AM
 #304

If all conditions are favorable, then Stex can become a kind of aggregator of exchanges. This will be a very big achievement, since if you summarize the trading volumes on several small exchanges, you will get a huge amount.

I'd also think that volume is key here. There are more and more exchanges with a ridiculously low volume in trading pairs. This is bad for a trader but also bad for the exchange itself. coins with a low volume cost money to maintain. Every coin/token that is supported by exchange needs to be maintained. That's why almost all exchanges set certain volume goals for a project on application. If they are not met, the asset gets delisted. That's also why you see so many contests after an asset hits an exchange - volume.

It could also be interesting for projects to cooperate with STeX and to utilize the liquidity pool in exchange for giving STeX a certain amount of their asset. There are so many beneficial possibilities, I love this project and can't wait for the launch.
LuckyNicky
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January 30, 2018, 10:36:13 AM
 #305

How often the profit will be calculated? And in what form it will be paid? Can I choose any currency or have to choose from some list?

Commissions are planned to be paid monthly, and the currency is ETH.
Where did you get this information from? Can you give a link to the source? Or are you a representative of the project?
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January 30, 2018, 10:47:16 AM
 #306

How often the profit will be calculated? And in what form it will be paid? Can I choose any currency or have to choose from some list?

Commissions are planned to be paid monthly, and the currency is ETH.
Where did you get this information from? Can you give a link to the source? Or are you a representative of the project?

Check the official site, lots of info there and in the whitepaper.

Quote
We plan a monthly distribution of commissions from the company's activities excluding expenses, so that you can receive your reward on Monday every month, which makes Mondays for you a bit more lovely.
and

Quote
All token holders will be rewarded monthly, receiving 100% of project's collected commissions to their ETH accounts.

Source is https://stex.exchange/token
MikePerry
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January 30, 2018, 11:05:48 AM
 #307

I'd also think that volume is key here. There are more and more exchanges with a ridiculously low volume in trading pairs. This is bad for a trader but also bad for the exchange itself. coins with a low volume cost money to maintain. Every coin/token that is supported by exchange needs to be maintained. That's why almost all exchanges set certain volume goals for a project on application. If they are not met, the asset gets delisted. That's also why you see so many contests after an asset hits an exchange - volume.

It could also be interesting for projects to cooperate with STeX and to utilize the liquidity pool in exchange for giving STeX a certain amount of their asset. There are so many beneficial possibilities, I love this project and can't wait for the launch.
Delisting is making mainly due to the fight against the scam, and not because of small amounts of trade. I agree that a lot of new coins are scattered on many different exchanges - the total capitalization of token is normal, but liquidity on each individual exchange is small.
mithrim
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January 30, 2018, 12:13:24 PM
 #308

Delisting is making mainly due to the fight against the scam, and not because of small amounts of trade. I agree that a lot of new coins are scattered on many different exchanges - the total capitalization of token is normal, but liquidity on each individual exchange is small.

What's important is that exchanges are making a certain volume a requirement for new coins/tokens. Therefore new projects need to address this issue, else their asset doesn't get listed and exchanges require a deposit isn't returned if the contract isn't kept.
STeX can profit from this.
KateMoss
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January 30, 2018, 12:21:26 PM
 #309

Quote
1st aggregator and 10000 cross-rates on one platform
If the platform becomes popular, then how much traffic is expected for this number of pairs? How will be solved the issue with the server and computing capacities?
This is not a problem, since if the traffic is big then the profit is big. It will always be possible to connect additional capacity or rent them in the cloud.
This is likely to affect the price increase for servicing the platform. Although with large volumes of transactions it will still be very profitable.
AleXcreig
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January 30, 2018, 12:55:11 PM
 #310

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November 25, 2017
   
ICO
1 STE token = 0.002 ETH

Price is 0.002 ETH for 1 STE token and stays at this level until the end of the ICO Stage 1.
Info from here https://stex.exchange/token
How many tokens were sold in the first round? I would like that this information was shown in a prominent place, so as not to look for it.
CanvinGale
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January 30, 2018, 01:38:32 PM
 #311

If all conditions are favorable, then Stex can become a kind of aggregator of exchanges. This will be a very big achievement, since if you summarize the trading volumes on several small exchanges, you will get a huge amount.
I read the roadmap of the project and saw that the soft cap is only 15 million dollars. Do you think that this amount will suffice for such a large-scale decisions?
mithrim
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January 30, 2018, 04:28:18 PM
 #312


How many tokens were sold in the first round?

The first round (PreICO) raised an astounding 15.000 ETH and was sold-out rapidly, I made several posts about it: https://bitcointalk.org/index.php?topic=2071543.msg25426318#msg25426318

So, the cap is more than reached. I'd figure that they need to change the valuation to ETH and abandon fiat. That's a huge problem for many ICOs during that time as ETH was worth ~$300

At the current rate, we're roughly at $22,500,000 (PreICO+ICO). So it's basically +50% compared to the softcap. Are you still worried Cheesy ?
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January 30, 2018, 05:44:06 PM
 #313

The first round (PreICO) raised an astounding 15.000 ETH and was sold-out rapidly, I made several posts about it: https://bitcointalk.org/index.php?topic=2071543.msg25426318#msg25426318

Such results were achieved without conducting a bounty program? It's amazing. Tell me the ETH address of the wallet on which the money was collected?

veranika55
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January 30, 2018, 06:08:29 PM
 #314

A good idea to create the exchange for the exchange of tokens. Usually tokens list on different exchanges and when you have a lot of tokens of different ICO, you need to register on different exchanges to exchange tokens.
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January 30, 2018, 07:04:09 PM
 #315

The first round (PreICO) raised an astounding 15.000 ETH and was sold-out rapidly, I made several posts about it: https://bitcointalk.org/index.php?topic=2071543.msg25426318#msg25426318

Such results were achieved without conducting a bounty program? It's amazing. Tell me the ETH address of the wallet on which the money was collected?

There was a great STeX Up! referral system, which will also be active during the next stage. Some investors earned lots of ETH using it in pre-sale, the record was 33 ETH iirc.
Holopopstyir
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January 30, 2018, 07:06:52 PM
 #316

A good idea to create the exchange for the exchange of tokens. Usually tokens list on different exchanges and when you have a lot of tokens of different ICO, you need to register on different exchanges to exchange tokens.
Especially such a platform should appeal to bounty hunters and fans of airdrops. They usually accumulate a huge number of different tokens. And because of this they are forced to register on a large number of exchanges.

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Pay4youractivity
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January 30, 2018, 08:49:30 PM
 #317

From there:
Quote
Roadmap:
August 2017 - STE token Presale [/i]
Nov. - Dec. 2017 - STE token ICO (1 STE token = 0.002 ETH)
December 2017 - ICO ends distributing more than 30% of all tokens
December 2017 - Beta Development
2018 - Commissions distribution
February 2018 - Front-end Production
Is this roadmap still relevant? Have you made any changes in connection with the successful pre-sale?

AX 1 ❱❱ Capital Appreciation Mining Token
❱❱❱ CrowdSale:  April 16, 2018  ❰❰❰
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January 30, 2018, 09:59:51 PM
 #318

mithrim
Could you please clarify whether you are a community manager or a bounty manager? Or maybe you are a member of the team?

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January 30, 2018, 11:22:10 PM
 #319

Hi do you accept new coins?

If so, what are the requirements to get new coins listed on your exchange please?

Any help would be appreciated.

Thanks
KateMoss
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January 31, 2018, 08:56:59 AM
 #320

There was a great STeX Up! referral system, which will also be active during the next stage. Some investors earned lots of ETH using it in pre-sale, the record was 33 ETH iirc.
33 ETH from the referral program? It is very cool. Where can I get acquainted with its terms and register?
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