Post
Topic
Board Service Announcements (Altcoins)
Re: Any crypto exchanges out there on par with the STeX EXCHANGE ?
by
njords
on 18/02/2018, 20:00:41 UTC
Is STEX decentralized like Kyber? E.g. no requirement to hold currency on the exchange. And swaps handled by smart contract?


A bit of both. They call themselves a hybrid. Centralized with decentralization where it pays off. What they are most focused on is speed and security. There is a lot of information about this in the whitepaper.

According to their Whitepaper, page 12.

Hybrid - Combining the speed centralized exchange with the
secure account management of a decentralized one.

No. of coins: 100
Trading Pairs: 10,000
Fiat Deposit / Withdrawal: No
AML Limits: None
Deposit Fees: No
Withdrawal Fees: No
Trading Fees: 0.2%

Strengths
- Speed & security
- All trading pairs, one platform
- Best rates, aggregated from other exchanges

Weaknesses
- Our contigency funds and ‘survival mode’ will
have to be deployed if we are unable to gain
significant market share

Threats
- If the crypto market stagnates or declines
- If crypto/exchanges face worldwide regulation

Differentiators
- Exchange aggregation
- Token holder dividends
- Lowest rates, highest liquidity