Switcheo SWH

$0.0085
Market Cap $ 4.435 MM (#514)
24h Volume $ 14.685 K
Chg. 24h: -5.70%
Algo. score 3.7/5  (#105)
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Switcheo project purpose and description

Switcheo clarity of purpose

Switcheo purpose and aspects

Switcheo (SWH) - The most advanced NEP-5 Decentralized Exchange built for the NEO Platform. Instant Trading and Withdrawals. At Switcheo, you can trade directly from your wallet file. No more worrying about deposit times and hidden fees! Low Trading Fees, No Withdrawal Fees! Switcheo Exchange will be charging 0.1% trading fees during our promotional launch. There will be no withdrawal fees since trading is done directly from your wallet! Trade all NEP-5 Tokens. With Switcheo’s Dynamic Call function, new NEP-5 tokens become available to trade as soon as ICO ends. This lets you trade your tokens on demand!

Switcheo categories

Decentralized exchangeSmart contracts

Short description

Switcheo Network is a decentralized exchange, which is primarily intended for trading with NEP-5 tokens.

Abstract

​Switcheo is a Decentralized Exchange to be built on top of multiple popular blockchains to facilitate the exchange of digital assets. It will first be launched on the NEO blockchain and will include digital assets such as NEP-5 tokens (e.g. RPX, QLC) and future NEP-X tokens, and NEO’s system assets such as NEO and GAS. Trade settlements are done peer-to-peer via interaction with our smart contract(s). Switcheo aims to achieve a network of DEX with cross-chain swapping capabilities between multiple popular blockchains such as QTUM (QRC20) and Ethereum (ERC20), with more research being done for upcoming blockchains like Stellar.

Link to Roadmap: https://switcheo.network/roadmap.html
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