Review on AirSwap by Olugbenga Ajayi
Airswap is a good exchange that charges zero fee
Airswap is a peer to peer decentralized exchange built on ethereum network. It was launched by two companies that are well known for transparency and accountability.
Airswap exchange is somehow different in that it does not require any fee from users. That is to say it charges fee on transaction. No withdrawal or deposit fee. How does the exchange generate income you may ask. They generate income through their native token known as airswap token.Every maker must stake 250 airswap token.
Being a decentralized exchange, funds are kept with users hence there is no need to exercise fear over security. Moreso, every decentralized exchange has servers scattered everywhere which is another security factor.
Pros
- Users have full control of their assets
- It is very secure being a decentralized exchange
- Its code is open source hence can be verified and forked by developers for improvement
- It does not charge deposit or withdrawal fee and no charges on makers and takers
- The user interface is intuitive
Cons
- Adoption is very low hence daily trading volume is also very low
