Review on Switcheo by Inioluwa Okedeji
Switcheo Network: One Of The Few Cryptocurrency Platforms With Successful Cross-chain Operations
Switcheo network is a decentralized exchange on the NEO blockchain network that allows trading and transactions with ethereum and NEO tokens.
The aim of this platform is to achieve successful cross-chain operations and also provide a palatable environment for trading activities in the decentralized world.
Being the first of its kind to be adopted into the NEO blockchain network, it aspires to provide and implement a transparent and secured cross-chain swapping operations for its users
This exchange platform operates non-custodially on the NEO blockchain network and also gives users the opportunity to stake it's native digital currency The SWTH token.
Since it is a world leading decentralized exchange platform, though it was established of recent in 2018 but for it to have been tagged as such it must have gone a long way in meeting with it aims and goals and actualizing it's plans in such a short period of time. With this, one can only imagine what yet this wonderful exchange as in store to deliver.
Pros
- Switcheo network is a world leading decentralized exchange platform, so operations are safe and secured.
- Staking opportunities are available for users holding the native SWTH token and benefits are granted for doing so.
- It operates a simple and easy to use interface that allows users to operate conveniently with cross-chain operations.
Cons
- It appears that the popularity of the Switcheo network is still low
