tokrex creates an alternative to centralized exchange and makes it available to everyone and without fees. many have offered the same thing, what is the advantage of tokrex besides this?
Technologically, it allows cross-chain swaps in real time. It is a promising core technology to further develop DEX technology and make it widely available.
Vitalik Buterin noted at the Blockchain Submit 2018 in Switzerland that the decentralized and protocol-based Crypto high-frequency trading is still to be seen, as there are no projects yet. Tokrex is the first project in this direction.
From the user's point of view, this means having a DEX with the comfort and speed of a central exchange.
Interestingly, virtually almost all coins are tradeable decentralized via the technology, which makes Tokrex superior over token-based DEX (e.g. ERC20) solutions.
Also, an interesting consequence of the Tokrex protocol is that it can also be used for a risk-free fiat/crypto exchange. In the white paper, this is proposed as a "clearing service provider". These are then Fiat / Crypto exchanges that no longer hold cryptos themselves because they can use the Tokrex protocol to decentralize the crypto clearing and settling.
