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The Switcheo platform, which appeared on the NEO blockchaine as a result of the successful ICO, recorded a maximum daily trading volume of $ 2 million for the first week.
This is not the first such exchange, Ethereum has already two decentralized EtherDelta and Idex sites, they can trade ERC20 tokens without having to rely on a centralized exchange. However, Switcheo is the first platform that works on the NEO block with NEP-5 tokens.
Customers can trade on the new exchange with more than twenty digital money, there are pairs with NEO, GAS and SWH (Switcheo), the latter altcoin is an analogue of the BNB crypto currency of the Korean Binance exchange.