Review on token.store by Danh Huỳnh Ngọc Công
Token Store - Ethereum token DEX and EOS token DEX
Token Store is a decentralized exchange that is known by some of the Ethereum blockchain lovers. The exchange provides some good points for users; however, there are also some things that it needs many efforts to solve properly. When it finished changing the delivered products, it needs to push some big promotions to get the attention of the public. I hope to see them somewhere in the top 100 soon.
Pros
- - Token store is a decentralized exchange on Ethereum blockchain so it is immune to the external hacks the CEXs usually experience. There is no need to create an account, no need to expose personal and sensitive information, and no need to worry about the scams from the exchange operators
- - On Token Store website, users can choose between Token Store Ethereum and Token Store EOS to trade the coins and tokens available on this exchange
- - When connecting your wallet to Token Store, it will automatically look through your balance and show you the tokens that can be traded on this exchange. The total value of the available tokens will also appear so they can manage their assets better
- - The trading interface looks almost the same to centralized exchanges (it is a good point because other decentralized exchanges’ interface is very hard to understand). They use the charts from Trading View
- - Gas price can be adjusted so the traders can get the maximum profits or save their time on the transactions
- - There are more than 300 available assets on the exchange so many users can trade their favorite tokens on this exchange. There were at least half a million transactions executed which is quite huge for a DEX these days
- - Their community support can be reached via their Twitter account and Telegram group chat. The links directing to these ones are shown on their website
Cons
- - The design of their website including trading interface is a little bit not interesting. There will be more active users if they provide a better visual outlook for the page
- - The volume is too low and the result is that sellers push the price up too high and buyers try to dump the tokens as much as possible
- - Transaction time and fees entirely depend on the status of Ethereum blockchain. If congestion takes too long, it will not be profitable when using the exchange
- - English is the only available language on the exchange. It does need to add more and there should be at least three languages: English, Chinese, and Korean
