Hello Reader,


ICO (Initial Coin Offering):-


> ICO is the acronym for Initial Coin Offering and this has turned out to be the new way through which you can or basically start - up companies can raise funds. So in this article on STeX, you would be able to get to a view point on the details of stage 1 of ICO that is about to begin on 1st December. Keep reading to know more about the same.

![bi.jpg](https://steemitimages.com/DQmTZBMbJ1PQ4ZvBNczjyc9yuXntkpvY6Ufrj4RuiVX1gSL/bi.jpg)

<b>ICO Stage One</b>

![10.png](https://steemitimages.com/DQmRymERjZUJKFhZZGj5bnAvxtLAAEoQJEU5C3AMTWp4To6/10.png)

>~ First of all, you should know that this stage 1 of STeX or the Smart Token Exchange program will be having some rules. As per these rules, here, you pay 2 ETH for 1, 000 STE.
~ On the other hand, it is necessary for you to enter your Ethereum address.
~ You enter this address on the website and it is from there only that you get smart contract address.
~ It is not compulsory for you to send many Ethereums but you should make sure that the amount you are forwarding is higher than that of 0. 1 ETH.
~ This amount is going to be used to change to that of STE token price.
~ It would take a lot of time also to get you the STEs because all of this process has been made to simplify things.
~ However, transfer of STE tokens will take place only when transaction of ETH completes.
~ There may be some stages when your amount of Ethereum would be put on hold.
~ Such a stage will happen only when you have forwarded Ethereum for STE tokens once the hard cap of STeX ICO stage 1 has reached.
~ This hard cap of stage 1 of ICO is stated to be 5, 000, 000.
~ You also have one more option here and this option can be utilised by you if stage 1 of ICO has reached hard cap. 
~ As per this facility, you can withdraw your participation from the token sale of smart token exchange platform.
~ Or you may even wait for the next auctions that will be scheduled for the 2nd stage of ICO in the form of ICO Stage 2.
~ But again here some of the rules apply and according to them, you would be able to make use of these options only after 16 hours of time from the minute ICO stage one has reached the hard cap (like you know hard cap is stated to be 5, 000, 000).
~ Finally and the most important thing to be kept in mind is that you must have a minimum of 0. 05 ETH in the wallet of yours.
~ It is so because if this rules is not followed then you would never be able to send orders.
~ These orders are basically for the smart contract only.

![27.png](https://steemitimages.com/DQmaybXxVofNA9B7H9pEGWd7vfpmmZ46E15aZpWPDuyRh4M/27.png)

>Hence, when you make sure of the fact that you follow all the above stated rules on crypto liquidity and stage 1 of the STeX or Smart Token Exchange platform or program, it would help you to get to the right decision at the end of the day; or before you take a final call on investing in Smart Token Exchange program or for that matter buying STeX / the STE tokens.



<b> For More Information Please Visit : -</b>


[Website](https://stex.exchange)

[WhitePaper](https://stex.exchange/media/pdf/whitepaper.pdf)

[Facebook](https://www.facebook.com/icoShowcase/)

[Twitter](https://twitter.com/stexexchange)

[Telegram](https://t.me/stex_official)

[Youtube](https://www.youtube.com/channel/UCyMU9bJjGz0AgZVKR9J2-kg)

Information Source-->[Website](https://stex.exchange), [Whitepaper](https://stex.exchange/media/pdf/whitepaper.pdf)

All Image Source--> [Website](https://stex.exchange), [Whitepaper](https://stex.exchange/media/pdf/whitepaper.pdf)


Regards,
@sudhakark