The series of crypto era can be traced down to 2009 with the first invention of bitcoin by satoshi,
Crypto world has exploded and the world of blockchain is no longer an out of the world phrase Investors and traders all alike on same rat race of crypto currency propaganda.
Decentralization has hit the universe and things are changing in to an open source life, the world is gradually accepting cryptos as payment in several organization and companies and digital currency is becoming the order of the day but cryptos are nothing really if they are no exchange to trade them and no market price.
Lots of exchanges with their high Cost fee has been ripping traders off their hard earn fiat and this arose in multitudes complaining about such fee,at the end of the day the exchange has a lot to gain why the traders lost huge some of fiat cause of the high fee in transaction rate why exchanging with their so call exchanging platforms.
The Exchange interface, real time trading
SWITCHEO EXCHANGE A NEP-5 DECENTRALISED EXCHANGE FOR NEO PLATFORM
Switcheo a NEP-5 decentralised exchange built for NEO Platform.
will let traders trade all NEP-5 tokens ,
The exchange lunched March 2018 will also be lunching their Token for stress free exchange and to reduce the high cost of transaction fee,
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.
The whole platform who kick off and start running after Initial Coin Offer (ICO) as that is the sole aim of the Switcheo Exchange in order to reduce the fee orchestrated by those bigger exchange.
Switches Token is a NEP-5 token that will be used on the Switcheo Exchange platform as that is the platform token as BNB token is the token on Binance, SWH is the symbol of Switcheo Token which will be the platform base token.
As a true Decentralized Exchange, Switcheo will launch with a native NEP-5 token as well.
SWH will be accepted on the platform to reduces 50% high fee cost for transactions, now traders can be ease and make profits from their trades and investments rather than other exchange ripping them off.
Switcheo manages the entire trading experience on-chain, giving you the experience of a centralized exchange with the security of a decentralized exchange.
Switcheo Exchange can be seen as a high tech Dex/etherdelta exchange with a real time trading and also a very nice experience with the platform good interface and since smart-contract only do the trade arrangement i say security is at its peak as you are responsible for your token and no more loss of tokens because of exchange hackers, you are in charge of your tokens, trade with security and peace of mind.
You are in full control of your funds when trading on Switcheo. Switcheo’s smart contract only does trade settlements. No more loss of funds from exchange hacks.
Switcheo Token aside from gas and NEO COIN like the other normal token can also be used as a trading pair on Switcheo Exchange As this will keep the token strong and also keeps it growing with the value increasing on demands and this is possible as its made for the platform and traders gets a 50% discount if they used it frequently to pay for fee on the Switcheo Exchange
Road Maps of the Switcheo Exchange
Kindly read Switcheo Network white paper