Source - https://switcheo.network
What is Switcheo?
Switcheo is a Decentralized Exchange (DEX) built on the NEO platform. It allows for the trustless exchange of NEP-5 tokens and may expand to other cross-chain tokens in the future.
What are the advantages of a Decentralized Exchange?
There are many benefits of trading on a decentralized exchange. A few examples are
A decentralized exchange does not hold trader's funds, so you maintain full control over your funds while trading. Tokens traded appears in your wallet as soon as the trade is complete (and funds withdrawn from the trading smart contract).
Trading on a decentralized exchange ensures anonymity, as your information is not stored by the exchange.
What is a NEP-5 Token?
NEP-5 Tokens are tokens minted on the NEO Blockchain.
What happens to unsold SWH Tokens?
Unsold SWH Tokens will be burnt.
What are the trading fees?
0.0% - 0.5% on both sides depending on market conditions.
What is the difference between Switcheo and NEX?
At this moment, NEX is focused on the NEO ecosystem and improving it as a whole, while Switcheo Network has a stronger focus on user experience and aims to be cross-chain compatible as quickly as possible; Work on the Qtum blockchain has already begun. Switcheo also believes that there is space for more than one DEX per blockchain in the ecosystem. The winner in the DEX race will likely be the one with best usability and marketability, rather than pure technical superiority. It is also possible that the DEX with lower liquidity will eventually combine order books, which should be possible due to the decentralized nature of the exchanges. We cannot comment about other technical or usability differences as there is no product demo yet for NEX.
Where will the SWH Token be available?
The SWH token will be listed on the Switcheo Exchange after 16th March 2018.
When will SWH be tradable?
SWH tokens will be tradable no less than 3 days after the Public Sale of tokens.
How many SWH Tokens will be distributed in total?
1,000,000,000
When will the whitelist be made available?
12th Feb 2018.
How much is a SWH Token?
SWH tokens are USD pegged at 1 SWH = $0.012 USD
What is the utility of the SWH Token?
You may use SWH tokens for a discount on trading fees based on current USD value of the SWH Token over the past 23 hours on our Exchange Platform. SWH will also be used as a base on all trading pairs and is the primary means for cross-chain transfers.
When is the public crowdsale (ICO) date?
SWH Tokens will be on sale at Switcheo Exchange on 16th March 2018.
Switcheo Airdrop Link
https://switcheo.network/form.html?r=acJNI0zb
Please note that above link is referal link and I will be awarded some extra coins if get registered for airdrop using above link.
Thanks