Re: Crypto exchanges on par with STeX EXCHANGE ?

What is 2018's roadmap of STeX?

March, 2018
STeX Exchange Alpha release is scheduled to March 27, 2018
14:00 GMT. Users can sing up and trade on the exchange. Mobile
interface development in progress. Public API development in
progress.

April 5, 2018
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Q2, 2018
Beta release
A user-friendly web-based client with the highest level of security
access control - taken from real world trading terminals - will
provide instant access to the biggest choice of coins and tokens
with worldwide best bid & ask. The key concept is this - you'll
need just one account to get access to thousands of markets and
trading pairs at the lowest rates. Behind the scenes is a fully
automated system that takes care of all details. You can choose
either segregated storage under your full control and protection
or a common account - giving you maximum flexibility and
leverage.

do we have more details on the public API? what exactly will it support in the first release?

What is meant by the API?

API stands for Application Programming Interface. look at it as a waiter in a restaurant taking your orders and brings back your order. for example a service like Coincube will use an API to link their trading bot to your exchange account on for example Bittrex or Binance. the Coincube trading bot will use an API access code to your exchange account which has only trading rights and no withdrawal rights, so that the Coincube trading bot can, for example, make sure that your trading account always have 30% BTC, 30% ETH, 20% IOTA and 20% ADA, if that is what you want to always have. that way you don't have to do the trading yourself. you just transfer BTC to your exchange account and then the trading bot will equal that amount to make sure you always have a certain percentage of each of the coins. and so an API would be used in a situation like that. that's just one thing that an API would be used for.