Review on Switcheo by Hüseyin Usluoğlu
What I know about Switcheo
Switcheo appears as a decentralized cryptocurrency exchange project. This project will have its own token and the buying and selling platform. SWH tokens produced by this exchange have been produced using the NEO infrastructure. Exchange of NEP-5 tokens will be allowed on this platform. NEP-5 tokens are the name given to tokens generated using the NEO blockchain. First of all, on this decentralized exchange, your existing funds are not kept on the exchange, so users have full control over their funds. As a result of the exchanges you have made on this platform, your funds appear in your account as soon as the transaction is completed.
In addition, this decentralized platform provides anonymity since there is no information flow. This is an important issue that will benefit users.
Pros
- users can have full control over their funds
- Trade fees on the Switcheo platform are also very low.
- This platform provides anonymity as there is no information flow.
Cons
- not well known
