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Topic: SWITCHEO (SWH) - the first decentralized exchange on NEO - launches today! - page 2. (Read 535 times)

full member
Activity: 406
Merit: 103
this is very interesting, with the decentralized NEO market likely in the future will make more new ICO projects that will use smart contract from NEO.
because now most ICO still use smart contact from ethereum with highly miner fee and network often overloud
full member
Activity: 364
Merit: 101
If you know Etherdelta, Forkdelta or IDEX, then you must know that right now there are 0 (zero) decentralized exchanges for NEO and NEP5 tokens (NEP5 = ERC20's of NEO).

Well, today the first dex on NEO launches at 9am UTC. Get excited if you like and hodl NEO, 'cause it should be a good thing for the NEO community! Smiley


Quote
After many months of hard work, we are thrilled to announce that Switcheo Exchange (https://switcheo.exchange) will be live on 31st March 2018 17:00 SGT(UTC +8)!

They will first list only few coins: NEO, GAS, Switcheo Token (SWH), Red Pulse (RPX), TheKey (TKY), Bridge Protocol (IAM), Trinity (TNC) and DeepBrainChain (DBC).


Source: https://medium.com/switcheo/switcheo-exchange-mainnet-launch-7d53e3218a17
This exchange only focus to NEP 5 tokens? I think it would be better if they focus on all coins that have high trading volume because it can attract customers and this exchange can grow to big, but I think this exchange should do a lot of development  because when I try to access this site from mobile using google chrome browser and look like this;

newbie
Activity: 28
Merit: 2
Hello Switcheo believers,

Our aim is to add value to the whole crypto community by giving the best user experience to analyse cryptocurrencies.

It would be really great help from your side if you can spend 60 seconds of your time and give us your valuable feedback for our two recent updates 1) Snapshot and 2) Colourful interface of Switcheo at: https://cointopper.com/coin/switcheo

Constructive criticisms are always welcome at CoinTopper.  Thank you!!
hero member
Activity: 1344
Merit: 502
An interesting feature of the Switcheo DEX is users can subsidize their trading fees with the SWHT token which gets burnt in the process reducing the overall supply

It'll also soon support hardware wallets like Ledger which will make trading more secure
full member
Activity: 392
Merit: 102
I've used Switcheo and am really impressed with the platform.  TradingView charting built in, and trades transfer directly out of your NEO wallet.  I've wanted a nice decentralized exchange for awhile and this gives me hope we're getting there.
sr. member
Activity: 630
Merit: 251
this is the question I want to ask, so if I want to trade in switcheo then I do not need gas?
i want to sell EFX in switcheo, do i have to have neo for gas cost? because I am not very familiar with NEP5 token.
sr. member
Activity: 662
Merit: 250
When swh was like 50% higher ppl wished they bought at this price lol. Now it's this price and ppl have forgotten about it  Huh
member
Activity: 238
Merit: 10
NEO is an excellent project, and the throughput of NEO is very high.
So I think this decentralized exchange based on NEO will be successful. Grin
jr. member
Activity: 490
Merit: 2
a new step for the NEO to grow and increase its value. I hope there is a mining site for NEO coming soon.
newbie
Activity: 238
Merit: 0
I've never heard of this decentralized exchange.
So it makes me curious, because I don't know how it works.

DEX ( decentralize exchange ) will be the future with zero listing fee, absolute safe ( token will be keep in your wallet , not exchange wallet ) , because they need more time to complete transaction on DEX , it will be more difficult for sharks and exchange to control price of token immediately ( pump or dump ) . And about how it work ? you will login exchage with your wallet private key , order token , token will be put in st called banlance wallet for transaction , after transaction is completed , you will withdraw your token to your wallet . Hope you feel my answer useful  Grin Grin
member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
I've never heard of this decentralized exchange.
So it makes me curious, because I don't know how it works.
full member
Activity: 462
Merit: 114
“The Future of Security Tokens”
I am confident that this will contribute to the growth of the popularity of NEO and its course.
full member
Activity: 1820
Merit: 107
Good to hear that New Networks are expanding just like Ethereum,Waves,Neo Etc. I think Cryptocurrency has a brigth Future to come thanks to Blockchain without it this Advancement  has not been Realized.
sr. member
Activity: 1932
Merit: 300
Great to see such quick start in NEO platform. It would certainly boost the adoption and use of the platform.
Though there are many issues relating decentralized exchanges that needs to be addressed.
jr. member
Activity: 182
Merit: 8
Had a look. Feels beta-esque- glitches need to be fixed, many other improvements needed.  However, the team looks legitimate and there are decent coders. They have announced a Bug Bounty program as well.  Something to look forward to until NEX comes along.
member
Activity: 203
Merit: 11
Looks a bit strange. I will follow this with interest anyway.
I think decentralized exchanges have no big future.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
Switcheo Network aims to build a decentralized exchange (DEX), that will allow secure trading of NEP-5 tokens as soon as their token sales end. ... First, through a whitelist referral, where each successful referral for the Switcheo Network public token sale will be rewarded with 200 SWH airdropped tokens.
I just realize there is a competitor for the switcheo dex and it looks like neon exchange will be the next competitor for switcheo dex. But how switcheo was better compared with neonexchange while neon tries to distribute the fees that will be collected by the exchange platform to the all of token holders based on the how many stakes they will be holding in their wallet.
Jr.
jr. member
Activity: 98
Merit: 1
Blockchain with a Purpose
I just want to check if, how was the launching yesterday, did anyone tried out to make a sample transaction, on how is there service? The exchange fee?
jr. member
Activity: 196
Merit: 1
 Switcheo Network aims to build a decentralized exchange (DEX), that will allow secure trading of NEP-5 tokens as soon as their token sales end. ... First, through a whitelist referral, where each successful referral for the Switcheo Network public token sale will be rewarded with 200 SWH airdropped tokens.
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