[Ethen] Decentralized exchange for Ethereum-based tokens: official thread

[Ethen-market]

Ethen is a decentralized exchange platform to acquire and trade Ether and ERC20 tokens
https://ethen.market

Support
FAQ https://ethen.market/faq.html
Telegram chat https://t.me/ethen_market

Social media
Facebook: https://www.facebook.com/ethenmarket
Twitter: https://twitter.com/Ethenmarket
Reddit: https://www.reddit.com/r/EthenMarket

Why use Ethen?
1. Security
Decentralized nature of the platform allows users to be in full control of their funds. No registration is required to use the exchange. Deposits, withdrawals, and trades are managed by smart contract.
2. Ease of use
Ethen has a simple interface and offers its users 24/7 online support.
3. Algorithms for profitable trading
Ethen is the only decentralized exchange with bulk and partial order execution, providing the best offers available in the buy/sell offers pool.
4. Low fees
Taker fee: 0.25%, maker fee: 0%. Placing orders is free.  
5. Stability
Code for withdrawing funds is open source and published on Github.

[Ethen-market]

Alert: https://ethen.site/ has no relation to Ethen. Our code, name, logo and the link to our site were used without our permission. We don’t know anything about these people and the quality of services they provide. Please only use the single official URL: https://ethen.market.

[Ethen-market]

1000+ Tokens in Ethen!

1055 ERC20 tokens are now listed on Ethen. 787 tokens have been verified. Check out the full list of verified tokens on our site https://ethen.market and feel free to add more in just one click, if you have tokens you’d like to sell. It’s easy and completely free.

[Ethen-market]

Ethen FAQ:
Q: What is gas and when do I pay it?

A: Gas is an execution fee for every operation made on the Ethereum blockchain. This fee goes to the miner who mines your block.
You pay gas any time you send a transaction to the Ethereum blockchain, including executing a trade and sending tokens or ETH from/to your wallet.
You don’t pay gas for creating a buy/sell order, which can't be matched immediately and is sent to the order book.
Please note that the gas required for each transaction is always charged from your personal wallet. Make sure you have enough funds left for gas when you make a deposit to Ethen.

[Ethen-market]

When trading on an exchange safety is the main concern. Decentralized exchanges like Ethen are considered to be the future of cryptocurrency trading. Here’s what makes us one of the most secure exchanges:
You have full control over your funds because we do not store any user details or private keys. That’s why you don’t need to create an account to start trading on Ethen. You interact directly with blockchain by signing transactions with your own Ethereum wallet.
Protection from possibilities of hacking/theft/loss is provided by the smart contract that holds all funds, and manages deposits, withdrawals and trading process.

[bttmember]

This is great, im a supporter of decentralized exchanges and after the great success of idex i think there is space for more new decentralized exchanges, i will soon try ethen and welcome team to bitcointalk forum.

[Ethen-market]

We keep working on Ethen interface to make it more convenient for trading. Hope you will like the introduction of the light scheme. If you want to switch to it click on the menu icon in the top right corner of the site https://ethen.market.

[Ethen-market]

Ethen FAQ:

How long does deposit and withdrawal take?

This depends on the Ethereum network load at the time of transaction, and usually takes from 14 seconds to 2 minutes.

How long does a trade take?

The time limit is 5 minutes. After 5 minutes, the trade will be automatically canceled.

[Ethen-market]

First milestone to celebrate! Today Ethen hit over a 1000 processed transactions https://etherscan.io/address/0xf4c27b8b002389864ac214cb13bfeef4cc5c4e8d.

[Ethen-market]

Rating agency ICORating has conducted a technical audit of Ethen source code for potential vulnerabilities. It didn’t reveal any critical or high severity technical issues. Full report is available here: https://icorating.com/Ethen_Audit.pdf

[Ethen-market]

In addition to MetaMask and Nano Ledger you can now connect other Ethereum wallets on Ethen by importing your private key from a keystore file. A lot of of popular Ethereum wallets (e.g. MyEtherWallet, Mist)  have an option for generating a keystore file.
This is a way to have a safer trading experience than simply using your private key. The keystore file contains a version of the private key encrypted under your passphrase. This means a potential hacker won’t be able to get access to your wallet without both the keystore file and the password. The file itself can be stored on your hard drive, reducing the risks of a malware stealing your private key.
Just make sure you keep your keystore file and password in a safe place. You will lose access to your private key if you lose the keystore file, or forget the password associated with the file.
See image:
https://i.imgur.com/6xjPbmU.png

[Tipstar]

The site is easier and quicker to use. All it lacks is users. There are no enough buy and sell order for coins to start with.
Collaborating and listing newer tokens for the first time would create some traffic to start with.

[Ethen-market]

Ethen FAQ:

How to find orders at best price?
Good news: you don't need to do anything. Ethen will automatically offer you the best orders that are currently available on the order book. There is no need to go through the whole list in search of the best price for the token you'd like to trade, as is often the case on other decentralized exchanges.

When you create an order the server will automatically find the best match and offer you orders with the lowest or equal price (for the buy order), or orders with the highest or equal price (for the sell order). It works in the same way when you select an order from the order book, so don't get surprised if you get a better deal than expected.

[Ethen-market]

Ethen’s fees on transactions are very simple: 0.25% taker fee.
This is it: there are no hidden maintenance payments, no fees for placing buy/sell orders on the order book, no fees on deposits and withdrawals.

Don't forget about Ethereum transaction fees (gas) that are sent to miners for executing a trade and sending tokens or ETH from/to your wallet.

To learn more about gas visit:  https://ethen.market/faq.en.html

[Ethen-market]

For now we recommend using the latest version of Chrome browser for the seamless experience on Ethen. We will keep you updated on the site's compatibility with other browsers. 

[Ethen-market]

Follow us on social media to keep up-to-date with our latest news, information on available tokens, and release of new features:
Twitter: @Ethenmarket https://twitter.com/Ethenmarket
Facebook: @ethenmarket https://www.facebook.com/ethenmarket
Telegram group: https://t.me/ethen_market
Reddit: https://www.reddit.com/r/EthenMarket/
LinkedIn: https://www.linkedin.com/company/11547139

[Ethen-market]

Ethen FAQ:

What is an order expiration date?
Each order created on Ethen has an expiration date. If the order hasn't been filled within a set period of time tokens will return back to your balance on the exchange, and will be displayed in the 'Balance' section in the bottom left corner of the site. By default the expiration time is 24 hours from the moment you create an order, but you can set custom date and time.

[Ethen-market]

We are celebrating another milestone!
Ethen trading volume in the last 24 hours has reached 100 ETH

[luffy.2]

This is a great idea! Everybody should get known about this project!

[Ethen-market]

The site is easier and quicker to use. All it lacks is users. There are no enough buy and sell order for coins to start with.
Collaborating and listing newer tokens for the first time would create some traffic to start with.

Thank you for your kind words! Our team is working hard and is listing new tokens every day! On June 28th we reached the milestone of 100 ETH trading volume!
Follow us on social media to keep up-to-date with our latest news, information on available tokens, and release of new features:
Twitter: @Ethenmarket https://twitter.com/Ethenmarket
Facebook: @ethenmarket https://www.facebook.com/ethenmarket
Telegram group: https://t.me/ethen_market
Reddit: https://www.reddit.com/r/EthenMarket/
LinkedIn: https://www.linkedin.com/company/11547139