Switcheo Launch on the 18th! Neos First DEX!

Neos first DEX decentralised exchange is set to launch in a few days! I think when everyone thinks of Neo DEX they think of NEX, and a do believe NEX will be the better decentralised exchange when it comes to fruition. But it will not have first movers advantage!

This is Big for Neo, because whilst some big exchange like Binance, Kucoin, Huobi etc etc, do support NEP-5 tokens, the majority of exchanges do not. So here we have our first exchange specialising in Neo assets! This should add much needed liquidity to the Neo token network!

It feels like nearly all the ICO's on Neo first list on Kucoin... I personally think it will be a breath of fresh air, to have somwhere else to trade. Kucoin has listed so many coins, and so many pairings. That liquidity on a lot of them is really poor. Its starting to become known as the ICO Graveyard, because most coins end up doing poorly after listing.

Key Selling points of Switcheo

• First mover advantage - Nex is still a while a way, and with 30+ Neo ICO's in the pipeline, switcheo will have the entire market share (for now), for coins that are not locked after being distributed from ICO!
• Entire trading experience on chain, so we hear how much faster the neo blockchain is over ethereum! This could be the a really good test for the network!
• Impossible to hack, you own your privite keys, no third party's involved.
• Dyanamic call function - New NEP-5 tokens, become available to trade as soon as ICO ends. This will be really intresting? After ICO you can trade immediately on the switcheo network! HUGE
• Low Fees - If you use the switcheo token, you get a furthur 50% of fees. These tokens are also burned, meaning the switcheo token SWH will be deflationary.
• Switcheo will broaden out to other blockchains, Work on the Qtum dex has already begun!

Thanks for Reading, what do you think about Switcheo DEX?

Disclaimer : All investing is speculative. This isn't financial advice. Just one man's opinion of a complex fractal world with infinite variables, affecting the system, at exactly the same time.

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