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Review on FlatQube by Saloote Sakai

Revainrating 4 out of 5

incredible decentralized cryptocurrency exchange - TON Swap

After the growth of Bitcoin in recent years, new exchanges for cryptocurrency transactions are constantly being established, most of which are under the supervision of large companies and have often made KYC necessary for users. In a way, these exchanges are confronting these actions and the decentralization and uncontrollability of blockchains and cryptocurrencies.

But TON Swap is a completely decentralized exchange and to trade in it, you only need to connect to a decentralized wallet and do not even need an email address! This exchange is literally a Peer to Peer exchange because the production team has no role in the transactions and the transactions are done entirely between buyers and sellers in the blockchain network.

This exchange has several tradable currencies. Trading in decentralized exchanges includes blockchain transaction fees, but free ton blockchain transaction fees are so low that these fees are not something that can cause heavy losses in trading.

The connection to the wallet is done through the TON Crystal currency extension wallet and it is enough to have an active wallet in this extension.

The design of this system, like other systems provided by Free TON, is very understandable. Also, if we need more help in the trading process, a complete training section has been designed for this exchange.

Pros
  • Uncontrollable assets by an exchange office
  • Trades are done completely Peer to Peer
  • No need for KYC
  • Understandable design and easy to use
  • No need to enter email and password
Cons
  • Few pairs are currently offered.

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