Review on SwitchDex by Killer Bean
SwitchDex exchange might not be active anymore, do your own personal research
SwitchDex is a decentralized exchange which was built on the Ethereum blockchain and powered by 0x protocol. It was launched in 2019, which means not much experience has been gotten by this exchange. As it was launched in the ethereum blockchain it traded only Ethereum and ERC-20 tokens. The exchange has a nice and comprehensible interface. With its 0.2% trading fee, we can conclude that liquidity on SwitchDex is a bit moderate. The exchange even had its own token, SDEX which was an ERC20 token, it allowed for lower trading fee for traders.
But looking at the recent activities of the exchange, it can be right to conclude that SwitchDex exchange isn't active anymore or might have closed down. First, the exchange had its last tweet on Twitter in December 2020, its last trading activity was recorded two months ago. Finally, it was termed as Untracked Listing on CoinMarketCap.
Pros
- The exchange has its own token
- The exchange has considerably low fees
Cons
- The Exchange has been inactive for a while
- It has been tagged as Untracked Listing on CoinMarketCap
