STEX

STEX Exchange Review

Centralized

STEX Overview

  • Stex claims to be one of the most innovative cryptocurrency exchange platforms out there. Stex is currently registered in Estonia, one of the very few countries to have a regulation on licensing cryptocurrency exchanges, along with Malta and Gibraltar. The platform is run by Etna Development, an Estonian private company that works under Estonian and EU regulations. The exchange prides itself on its secure platform, speed and stability through time. It focuses on both Initial Coin Offerings (ICO) and alt-coin trading. Stex implements several unique high-frequency trading algorithms used in traditional stock exchanges like those in London and New York in order to generate high liquidity and speed.

     

    The platform has also launched buy/sell crypto feature that supports deposit by VISA, Mastercard, Ideal, amd Bancontact payment methods. SEPA withdrawals are also supported so that users are able to withdraw their funds (sell crypto) directly to their bank account. These services are powered by Coinify and SATOS external services.


    The platform does not charge different fees between takers and makers and has a flat fee ranging from 0.1% to 0.05%, a range that is well below the global industry average of 0.25%, giving the platform a significant advantage over other exchanges. Stex accepts fiat currencies like RUB/USD/EUR via SKRILL, AdvCash, Payeer which users are able to exchange with crypto.  

    Over 300,000 users are on Stex, which is most definitely an impressive number. The exchange is transparent when it comes to the team behind, as information can be easily found online.  The service is easy and free to register, only a valid email is required. This makes the platform convenient to use. The interface is also very easy to navigate, as it also boasts a “simplified mode” at the bar at the top of the website.

    STEX Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      2,268.06 BTC

      • STEX Total Trading Pairs

        N/A

        • STEX Margin Trading

          No

          • STEX Deposit Fees

            No deposit fee

            • STEX Trading Fees

              0.2% Maker 0.2% Taker

              • STEX Fiat Deposit

                Yes

                • Accepted Payment Methods

                  Crypto to Crypto, Crypto to FIAT

                  • STEX Native Token

                    No

                    • Native Token Smart Contract

                      N/A

                      • STEX Trading Markets
                        • STEX Stablecoins Trading

                          STEX Withdrawals

                          • Daily Withdrawal Limit

                            No limit

                            • STEX Withdrawal Fees

                              No withdrawal limit

                              • STEX Withdrawal Fees Discount

                                Depending on verification level, can see discounts up to 0.05% trading fees, as seen here.

                                • Proof of Reserves

                                  N/A

                                  STEX Exchange Rating Analysis

                                  Last edit 15.11.2019

                                  • STEX exchange,  based in Estonia, presents a developed and nice-looking website. STEX's support managed to reply to our support emails within the hour.

                                    The team behind the exchange is anonymous except for the CEO, Vadym Kurylovych. There are currently 265 coins and 5 active markets to trade. Standard fees stand for 0.2%, however for users KYC-verified with Cryptonomica, the discounted fee is only 0.05%, which makes it really competitive - although we don't believe many go through the verification process.

                                    STEX has significant trading volumes and also supports fiat deposits in 4 different currencies (USD, EUR, JPY, RUB). On withdrawals, the security layers in use are 2 factor authentication and an email confirmation.

                                    In short, STEX is a competitive exchange that offers reasonable conditions for traders.

                                    STEX Exchange KYC and AML

                                    • STEX Exchange KYC and AML

                                      Passport/Driver's License

                                      • STEX AML Policy

                                        AML Policylink

                                        STEX IEO launchpad

                                        IEO Start date End date Fundraising
                                        AZ FundChain

                                        AZ FundChain

                                        May 15, 2019 - May 20, 2019 $1.5M

                                        STEX Exchange Additional Information