Spot trading

Which crypto would you suggest investing in first to a newbie?

The two fundamental pieces of advice about crypto trading you will find anywhere would be:

• Do your own research,
• Do not spend more that you can afford to lose in the worst scenario.

What we do from our end is we make a severe selection of the projects to list on our Exchange so you could start your way to a crypto world with more solid and technologically advanced projects that are interested in their long-term development, the projects that we are ready to invest in ourselves, and that would be a valuable addition to well-known crypto assets. However, no exchange and no crypto project can guarantee you profits in any way.

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Attention!

Stobox Technologies, Inc. is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager. Thus, we do not provide brokerage, investment banking or underwriting services, recommendations, or investment advice to any person and do not provide any brokerage or cryptocurrency services.

Can I sell or buy Bitcoin on Stobox Exchange?

Currently, there are several cryptos supported: STBU, BTC, ETH and USDT.
However, more pairs will be added shortly including DeFi, various blockchains and common for most of the users fiat currency (e.g. USD).

Can we trade on a margin or trade with futures on Stobox Exchange?

There will be no margin or futures trading on Stobox Exchange because Stobox is more about investments. Therefore, crypto trading is not our primary focus.

Are there any fees or commissions using the Stobox Exchange?

There are two kinds of commissions that you can come across on the Stobox Exchange:

• Trading Commission. The base commission is displayed in the wallet section of the exchange. The commission can be significantly reduced by using STBU for paying commissions. You can check the options in your Exchange profile Settings;
• Withdrawal Fee - is dynamic and depends on the Ethereum network commissions.

Are there any limits for withdrawal?

There are three levels of withdrawal limits per 24H. They are for rare crypto users, for everyday operations and for professionals. Being unverified, you can withdraw an equivalent of up to 1000 USDT per 24 hours, while verification increases this threshold up to an unlimited amount. For completely verified users there are no limitations for daily withdrawals.

Should I pay taxes for this withdrawal?

Please note that Stobox does not provide tax advice, therefore, if you have any questions about determining your tax residence in any particular country, please contact your tax adviser or the local tax authority.

I can't see the STBX. Why is it missing?

STBX is not a cryptocurrency per se, it is a security token, i.e. a tokenized share of the Stobox Technologies Inc. Instead you can trade STBU as it is a crypto currency. In order to trade security tokens on the Exchange we would need to obtain a securities exchange license (which is currently out of scope). Since Stobox is not an Alternative Trading System but a technology provider, we've developed an alternative way to allow our respected users to participate in the secondary trading of security tokens which is a Digital Security (DS) Swap.

Crypto exchange is built to trade digital assets (crypto currencies), and DS Swap is built into the Dashboard for secondary trading of the tokenized shares, which is, in our case, STBX.