The stableDEX platform offers a 100% decentralized peer to peer trading environment. By using stableDEX the users retain full custody and control of the assets within their wallet. The platform offers most of the stablecoin pairs that are currently traded and many more asset-backed tokens will be listed ongoing.
stableDEX will offer many tools to assist and support the trading community. Margin Trading to increase the transactional capacity, automated trading for the traders using algorithms with top speed execution. Asset Manager tools to enable decentralized 3rd party trading.
stableDEX has its own platform currency called the STDEX token that can be used to pay transaction fees and services at a discount and earned by executing orders on stableDEX.
stableDEX is developed to offer digital assets to the trading community in a professional manner. Tools and features are designed for institutional trading, products are selected with a focus on stability.
There are over 1000 standalone cryptocurrency exchanges, facilitating trading in more than 2000 individual markets. Daily trading volume for cryptocurrencies is equivalent to $39B with the majority of the trading is concentrated around the top 20 exchanges, denominated in multiple currencies and tokens. But these numbers are exposed to high swing price. Significant volatility is often cited as one of the main reasons why many institutions and individuals have remained on the cryptocurrency sidelines to date, and stablecoins have been developed to address this issue.
Stablecoins, as the name suggests, are cryptocurrencies that are designed to minimize price volatility. This minimization of exchange rate volatility (most commonly against the US dollar) places stablecoins in stark contrast with more volatile crypto- assets like bitcoin, which lack any inbuilt price stability mechanism.
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.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Founder-Promethean Dynamics |Certified Blockchain Solutions Architect|Blockchain Advisory Council |Alliance of Blockchain Professionals | Rated on Jun 28, 2019
5
5
5
15%
StableDex looks like a promising project overall. The vision is clear and the team has a solid banking/finance background. I have chatted with the CTO and he has assured me that they will be expanding the team and will also be bringing on more advisors. According to him the KYC for ICObench has been completed but just not updated yet. Should the KYC fail for whatever reason they I will downgrade my rating accordingly.
ICO Advisor | Investor | Analyst | CEO - MoneyDrome Edge - London Rated on Jul 7, 2019 Modified on Jul 7, 2019
1
3
2
12%
StableDEX sounds interesting by focusing on stable coins, however it’s not unique and there’s a lot of competition out there. The white paper is not impressive, merely 16 pages and doesn’t go much into detail. Tokenomics are not convincing and there are no financial projections, the roadmap gives the impression of wishful thinking. For these reasons, only 3 Stars
The product screenshot shows a decent user-interface but that’s just about it, no further details on how to gain traction in a meaningful way, therefore only 2 Stars.
A team of 4 (as per white paper) although experienced, is definitely insufficient and none of the team members have passed KYC, a big red flag. Also, no advisors to complement any shortcomings of the team, makes me wonder how they are going to execute and succeed. A disappointing 1 Star
Bertram SeitzICO team member replied on 9 Jul 2019
Dear Eleftherios,
thank you very much for your review. I allow myself a few remarks.
I do not think that the number of pages relate to the informational quality of a whitepaper.
The milestones in the roadmap have all been fullfilled so far and the Alpha Version of the platform will be shown to the public by end of this week. Beta-testing will commence first week of August the latest.
The Team is maybe small but of execellent quality, experience and hard-working 24/7- which allows us to save a lot of money by not feeding a community of advisors who have less experience than us. As for the KYC , we were not asked by ICObench for KYC because we have remarkable achievements in our field and trustworthy references.
If you like to go deeper in our project you are welcome to contact me.
kind regards
Bertram
Blockchain Developer , Android Developer, Consultant , Advisor of Marketing , Business Development and Investor. Rated on Jul 31, 2019
1
1
1
12%
Team is from Switzerland, in my opinion Oscar award should goes to them. I have no issue from Estonia. But a lot of developers in their team. Promising to bring Exchange for Stable Digital Assets. Competitors: DDEX, and every decentralized Exchange because stable asset can be known as stable nobody affraid to go their. But this is too much. If you take a look on their team. Team linkedIn is low profile. While they are using wordpress 38 USD Template which is known as Cryptic. While they have some issued with run demo of website. So they got error in the middle therefore. There honest Developers have no option how to fix so a lot of pictures missing.
I think if they are too faster in buying crypto theme they should go for out source code of Decentralized exchange at least nobody will say they have no product. They have no product. If a product exist in a forum of written or picture i don't accept that as product.
Bertram SeitzICO team member replied on 2 Sep 2019
Well,
before pretending to be an expert you should do your homework.
I hope you will get disqualified for other projects to avoid your nonsense comments.
Great News,
We're ready to launch our private beta of the stableDEX exchange! To get access to the private beta, join our Discord Channel for full details here: https://discordapp.com/channels/596242456811405312/596248303138504706
Chairman and Co-Founder of SID Limited Rated on Jun 23, 2019 Modified on Jun 25, 2019
3
4
3
8%
Following the written feedback by StableDex CEO and the assurances by its project Manager that the team will be strengthened and that the product will be our in Beta version for potential interested token buyers to actual it out, I made a rating review on 25 June 2019, leaving all below original text unchanged.
Team:
Developing, testing, marketing and exchange and get sufficient users to adopt such exchange with 5 people in the team, even if using 100% of a 3rd party exchange platform which exist quite a few is more then challenging. The WhitePaper does not specify if the backbone core technology of the exchange is fully in-house developed but seems a stretch to me. Adding the appropriate people to the team who believe in it before having raised funds are the kind of people you want, when all they can get is Tokens or Equity but not paid at all until enough future funds available.
VISION:
The crypto exchange segment is so crowded that my view is that there are way to many exchanges out there for the actual true market size, once excluding the wash trading. Having said that a new exchange that focusing on a beach that could become a big market in itself as trading stable coins could have in my view a real shot at becoming a trend setter and cream that market segment. So I like the vision but not sure the current team can pull this off without adding to that people who actually have setup companies before from scratch and took it to a trade sale or a public offering. But for having come with this vision is worth the benefit of the doubt.
PRODUCT
I am a firm believer of only finding in the millions of dollars or EUROs only to go to companies that actually already have a product and need the funds to hire missing team members and fund the growth of the user base but not to actually develop the product. To develop a product it requires a technical team only, no marketing, no telegram or social media staff, but simply and only engineers with a¡n exec visionary who have to put in their time & own resources and fund nothing or a small part of the actual R&D, which is in the hundred of thousands but not in the multiple millions. If the product however exists and was developed and owned by the team or when it will be ready then I´ll gladly change my rating to double as the vision is worth to at least test this market segment.
ICO and STO Legal and financial Advisor Rated on Jun 26, 2019 Modified on Jun 26, 2019
5
5
5
6%
stableDEX will change the way the digital assets are kept by exchanges. stableDEX.io facilitate wallet to wallet transactions and thus do not hold user assets. You can trade crypto assets without having custody of your wallets. It's a great concept also for the asset manager they are not required to hold the assets of their client. Overall a great concept and need of the hour .
Program Manager and ICO Advisor Rated on Jun 26, 2019 Modified on Sep 8, 2019
4
4
4
5%
Dear ICOBench community,
Please note that before reviewing this project & ICO/IEO, I conducted my own DD : team background, competitors, project history, various analysis and KPIs, growth potential and a lot more factors.
Here are the results of this analysis :
- Team : All the members are linked to the project on linkedin. However, the team is a bit thin for such a project in the long term. I believe it will be mandatory to recruit new team members as soon as the exchange is live (for support and maintenance).
This is nonetheless worth a 4/5 for the team.
- Vision : Decentralized exchanges are the future of cryptocurrency exchanges. The main goal of blockchain is to decentralized goods and services so what better than decentralized exchanges to buy and sell cryptos? However, DEX are not new so they will need to step up with innovative features in order to compete with the big DEX already existing.
For these reasons, I give a 4/5 for the vision.
- Product : Realistic softcap, credible roadmap and registered company. I wish the MVP would be out already but it should be released soon (Q3 according to the roadmap)
Therefore, I give a 4/5 for the product.
I invite investors to conduct their own DD before investing time / money on any project.
Co-founder and COO of ethx.co Rated on Jun 28, 2019
4
4
4
4%
Team : I have given them a 4 because on Linkedin, it does not look like all of them are working full time on this project, which means that they need a few more people. Especially once the exchange is live, it would need more hands for support and the works.
Vision: Decentralised exchanges would be a major part of the crypto ecosystem because that is the way the tech cycle works. The vision is bankable - oh, the irony of this word, here- and for greater adoption of blockchain, stables coins provide a safe haven for the newbies and the seasoned alike.
Product - Looking forward to the platform going live and would revise my review, accordingly.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
-Platform Launch - Alpha release
-STDEX Token IEO Phase 1 of 2
-Platform Launch - Beta release
-STDEX Token IEO Phase 2 of 2
-Platform launch - GO LIVE
-Listing of stable coins, indexes and crypto derivative tokens.
4
Q3/2019
-Transactions Mining Model feature - development and release
-API Connection for automated trading feature - development and release
-Margin Trading feature - development and release.