Stable & Steady Wins the Race: StableDEX Will Execute IEO on ExMarkets (July 4th)
We’re getting a crypto summer that no one expected, lots of exciting news such as Facebook’s crypto stablecoin launch are being broadcast to the market meanwhile the price of Bitcoin keeps its steady climb upward — the most popular digital asset is up 146% from the start of the year. The best part is that the bull run has just started.
As we see a lot of positive news surrounding Bitcoin, there’s a clear activity increase in the number of startups which are looking to enter the market. This time we want to welcome StableDEX project and the whole team that will be conducting an Initial Exchange Offering on ExMarkets Launchpad.
As the name suggests, StableDEX is a decentralized platform for peer to peer interaction and asset exchange. The decentralized nature of the platform ensures that users are always the sole custodians of their assets which mitigates a lot of the risks currently torturing the cryptocurrency ecosystem.
“As we at stableDEX.io are strong believers in the blockchain technology and the value of cryptocurrencies to support ecosystems, we decided to contribute to the further development of this new technology by providing a decentralized marketplace where all contributors can exchange stable coins with each other P2P. Launching the platform via an IEO is the most rational way to connect to the crypto community. In Exmarkets we found a professional partner with a dedicated team — the perfect match for us.” — said Bertram Seitz, StableDEX Managing Director.
The Initial Exchange Offering (IEO) will last for one week only from the 4th of July until the 11th. To sweeten the deal for early supporters StableDEX is offering a staggering 50% discount during the sale.
The window to acquire STDEX tokens at this below par price is very narrow therefore, all interested parties are encouraged to get in from day one. Only 5 million STDEX tokens (5% of the total token supply) will be offered at a 50% discounted price of USDC 0.50 during this period.
More about StableDEX
StableDEX is not about making empty promises about something they will create years from now and will launch their platform in less than one month, allowing the first supporters to be early testers of the infrastructure, gain rewards from bug bounty campaigns and help shape the platform.
By listing a number of different stable coins, StableDEX team will provide multiple alternatives for users on how to store their assets in a stable manner. A decentralized platform that is developed with user needs in mind will enable individual traders, investors, and institutions to engage trading activity without the need of brokers, intermediaries or counterparties.
Operations and transactions on the platform will be carried out with the help of smart contracts and will support a high number of real-time transactions happening simultaneously.
StableDEX platform features and functionality
The platform is said to integrate the most popular trading functions and chart indicators into its asset environment in order to empower StableDEX users to make the most of their trades.
The integrity and security of the platform will be ensured by a partner cybersecurity firm that will also perform programming code audits at regular time intervals. All new implementations and system upgrades will be initially tested in the testnet before deploying to the main StableDEX platform.
A so-called transaction mining feature will allow every user that generate significant volume on the platform to earn STDEX tokens. The current threshold is set at $1,000,000 of generated volume to earn 100 STDEX.
For people who do not have the time to constantly follow market movements and price action, the decentralized platform will offer the services of asset managers with a proven track record who, with user permission, would manage their assets instead of them.
- Ticker: STDEX
- IEO sale on ExMarkets: 07.04–07.11
- Accepted currencies: BTC, ETH, USDC, EUR
- KYC: YES
- Restricted countries: USA, China
- Bonus: 50% discount
- Regular price: $1 USD
- Blockchain: Ethereum (ERC20)
“StableDEX is continuing the vision of Satoshi Nakamoto in which the society is able to send value transactions electronically without the need for a central authority. The P2P platform they’re releasing next month is to be a true disruptor in the industry” — commented Gytis Trilikauskis, Chief Marketing Officer at CoinStruction and ExMarkets.
StableDEX is already listed on the ExMarkets Launchpad under the ‘upcoming’ — head over to the launchpad now and have a look at the StableDEX terminal. Don’t forget to register your account on ExMarkets if you haven’t already — you will most certainly need it to participate during the IEO!
The buying of STDEX opens on the 4th of July! Mark your calendars, set your alarms and get your funds ready. See you on the 4th.
ABOUT THE AUTHOR
ExMarkets is a digital asset exchange platform powered by the state-of-the-art trading engine developed in-house. On the exchange, ExMarkets users can trade the most popular cryptocurrencies as well as gain the chance to participate in the token sales of the most promising blockchain and crypto projects through ExMarkets Initial Exchange Offering (IEO) LaunchPad.
Fairly recently ExMarkets was granted 2 operational licenses for crypto-fiat gateway and custodian service provision by the Estonian regulator making it one of a few certified players in the market.
It takes only a few minutes to set up your account and users are allowed to make deposits in Bitcoin, Ethereum, other supported cryptocurrencies, tokens, and most importantly Euros.
To top it all off, ExMarkets is a part of the CoinStruction liquidity framework which is aggregating order-books from the most well-known cryptocurrency exchanges guaranteeing 24/7 crypto liquidity — a feature which can seldom be seen in the current market.
All IT solutions and technology of ExMarkets and CoinStruction’s services are developed in-house guaranteeing that all security threats and third-party associated risks are kept at minimum levels throughout all stages of product deployment.
Trade. Master. Profit. ExMarkets.