I. What is a Decentralized Exchange?

• A decentralized exchange is an exchange market that does not rely on a third party service to hold the customer’s funds. Instead, trades occur directly between users (peer to peer) through an automated process. This system can be achieved by creating proxy tokens (crypto assets that represent a certain fiat or crypto currency) or assets (that can represent shares in a company for example) or through a decentralized multi-signature escrow system, among other solutions that are currently being developed.
• This system contrasts with the current centralized model in which users deposit their funds and the exchange issues an IOU that can be freely traded on the platform. When a user asks to withdraw his funds, these are converted back into the cryptocurrency they represent and sent to their owner.

II. What is Switcheo?

• Switcheo is a Decentralized Exchange (DEX) built on the NEO platform. It allows for the trustless exchange of NEP-5 tokens and may expand to other cross-chain tokens in the future.
  Switcheo Token
  As a true Decentralized Exchange, Switcheo will launch with a native NEP-5 token as well.
• TOKEN SALE: SINCE 16 MAR
  Token: SWH
  Platform: NEO BLOCKCHAIN
  ICO Token Price: 1 SWH = 0.0160 USD
  Fundraising Goal: 8,700,000 USD
  Sold on pre-sale: 5,500,000 USD (UP TO A 50% BONUS)
  Total Tokens: 1,000,000,000
  Available for Token Sale: 70%
  Whitelist: YES (SINCE 13 FEB, JOIN )
  Know Your Customer (KYC): YES
  Accepts: NEO, GAS

III. Road Map

IV. Switcheo Team

V. To learn more about Switcheo Network, visit their website or social

• Website: https://switcheo.network/
• Telegram: https://twitter.com/switcheonetwork
• Whitepaper: https://switcheo.network/switcheo_whitepaper_v1.0.pdf
• Twitter: https://twitter.com/switcheonetwork
• Medium: https://medium.com/@switcheo
• Reddit: https://www.reddit.com/r/Switcheo/

Author
NEO Address: AKJEcB2kDrbXqwxL2wHyL7tcVXfnpsU3tL