STEX Exchange Review

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.