Review on Switcheo by Saleh Bayramli

Switcheo cryptocurrency exchange, also known as Switcheo Exchange, is a decentralized exchange based on NEO. Compared with other decentralized exchanges on the market, in addition to having a very useful and simple interface, a very successful team behind it continues to work at full speed, not to mention bear or bull markets. For our valued readers, in this article, we review Switcheo Exchange, a decentralized cryptocurrency exchange.

Switcheo Exchange Although

Switcheo is based on NEO, it also allows you to exchange between Ethereum and EOS. In other words, you can buy and sell NEO, ETH and EOS tokens and most of the tokens of these networks on Switcheo Exchange. In addition, you can also use credit cards to make purchases so that users can buy and sell directly on the stock market.

All links that we will provide to Switcheo on our website have been checked for stability.

After logging in to the Switcheo Exchange site, make sure your connection in the upper left corner of the search bar is secure.

To prevent hacker attacks, we recommend that you add the Switcheo Exchange address to your shortcut after securely logging in.

After entering the Switcheo Exchange site, click the Connect wallet button in the upper right corner, on the Orders tab, or on the left panel.

You can register from the window that will open, if you are already registered, please log in.

To register Switcheo, you can register using email, password and the 2FA security system. Alternatively, you can log in directly without creating an account through the Ethereum, NEO, or EOS wallets provided by Switcheo for its users. You can also use a hardware wallet as a login method. Swithceo supports Ledger and Trezor wallets.

Switcheo is based on NEO, it also allows you to exchange between Ethereum and EOS. In other words, you can buy and sell NEO, ETH and EOS tokens and most of the tokens of these networks on Switcheo Exchange. In addition, you can also use credit cards to make purchases so that users can buy and sell directly on the stock market.

All links that we will provide to Switcheo on our website have been checked for stability.

After logging in to the Switcheo Exchange site, make sure your connection in the upper left corner of the search bar is secure.

In other words, you don't need to log into the system. Since it is a decentralized exchange, you can only trade with your wallet. However, registration has some advantages. Sometimes you can participate in the contest and benefit from the referral plan.

Note: Be sure to keep your 12-word mnemonic after registering the system.

After 12 characters have been saved, a confirmation email will be sent to the email address you entered. After confirming the email, we strongly recommend that you finally activate the 2FA security system.

Account and balance information

To check your balance, click the "Your Wallet" button in the upper right corner.

At this stage, you are fighting against the wallet manager, so the wallet manager will open.

In your wallet manager, you will see a list of tokens available for trading, your wallet and contract balances, and your tokens in open orders.

On the right, you will see the Deposit Deposit and Withdrawal Withdrawal tabs, which you will use to transfer funds to your wallet.

Above the deposit and withdrawal tab there is a tab that allows you to show or hide your token balance by showing zero / hiding zero. To see your token amount or USD value, you can change the USD / Amount tab.

If you click the transfer history button on the left sidebar, you will be directed to your deposit and withdrawal history.

On the transfer history page, you will see two tabs: deposit history and withdrawal history.

Click on the two tabs and you will see the date, asset, amount and status of the transfer.

To view the Gas (for the Ethereum transaction) and the transaction ID used for the transfer, you can click the View transaction details button for any transfer.

If you click on the transaction ID, you will see the details of your transfer through the block explorer.

Buy/Sell Transaction

Click the drop down menu in the upper left corner to initiate the BuySell transaction.

In the following example, SWTH / NEO is the selected default trading pair. Click on the drop-down menu to see the list of available trading pairs.

Select the blockchain or currency (USD, ETH, NEO or EOS) you want to trade.

In the search bar, select the token you want to exchange from the drop-down list of available tokens or enter a specific token. (Ex. CPX)

After selecting the token, you can see the buy / sell order, the available quantity for each price, the final price information and how much you bought at what price.

is on the left, the order book-order book buy / sell tab, order type-order type (limit price / market price) and the average cost of the transaction that you will carry out.

To execute a transaction, first click on the "Buy" or "Sell" button.

Next, select a limit order or a market order.

Price so A box marked with a price to buy / sell the price you want This type of operation is only valid for limit orders. In other words, when the price reaches the number of points you entered, your transaction will be executed. In other words, if you think the price will go up or down, you should use the limit order type to place an order at the point you create.

In the box showing the quantity, enter the quantity of tokens you wish to buy / sell. According to whether you use SWTH to pay the exchange fee, please turn on / off the Use SWTH for 25% discount switch below (you can enjoy 25% discount when you use SWTH to pay the fee).

Click the buy / sell button at the bottom of the order table to complete your order. Are you ready!

You can write to us with any questions, comments or suggestions about Switcheo Exchange.

Note: Switcheo uses the Exchange reference system. Users who log in to the system using the referral link can trade with an additional 25% discount. In order to support our team, you can register in the system via the link referenced below. Don't forget to click the Create Portfolio button after registration to create your own portfolio.