[ANN][EXCHANGE]✅ ETHERC.IO ✅ First Gas-Free and Fully Decentralized Exchange🔥🔥

[ETHERC]

Notice: We Just Launched our "New Trader Trading Reward Program", You can earn ~$30 Per Trading. Get More Details: https://bitcointalk.org/index.php?topic=3851247.0

ETHERC.IO

A Fully Decentralized Ethereum Token Exchange

The World's First Decentralized Exchange With A Solution For Gas-Free Trading

Hello Bitcointalk Community,

My name is Miles, the CEO and funder of ETHERC.IO - a new fully Decentralized Ethereum Token Exchange. It's the world's first Decentralized Exchange that established a solution for Gas-Free trading. Today I'm proud to announce the release of our exchange and there're already over 400 tokens listed on it. So welcome to try it out and trade your tokens at http://etherc.io, your feedbacks and suggestions are really appreciated.

Since our exchange is new, to support the community and attract more traders, we will offer you ZERO trading fee till the end of May. In addition, we also launch an airdrop and a new trader trading reward program, you can read more information here: https://bitcointalk.org/index.php?topic=3757809.0


Another Decentralized Exchange, Why?
Compared with centralized exchange, decentralized exchange has higher security because traders have 100% control of their funds in exchange all the time, thanks to the Ethereum network and the smart contract capabilities. But there are few decentralized exchanges that users can choose, and the user experience of the major decentralized exchanges is also a little poor. Other than that, the slow loading speed, failed transactions occur frequently, etc. makes it hard for users to use them. To redress these shortfalls, we decided to build a decentralized exchange to make the user experience better and the whole trading process much smoother.


Why Should You Choose ETHERC?
As we said above, we aim to build a decentralized exchange with better user experience and smoother trading process. But we still found that even though the decentralized exchange has higher security but most traders may not choose it because each transaction is required to pay gas fee to Ethereum network. Thus traders need a little more extra Ether to cover the cost of Ethereum transactions besides trading fees. This maybe the main reason why most traders never choose decentralized exchange.
It's on this basis that we built ETHERC.IO and established a solution for Gas-Free trading. We call this solution/system "Token-Based Fee Reimbursement & Reward System" which has already been coded in our smart contract. Which means that everyone trading on our exchange can get their transactions completed with MINIMAL or ZERO ether consumption. Please see details below about how this system works.


Our Solution For Gas-Fee Trading (Token-Based Fee Reimbursement & Reward System)
It is well known that trading on a decentralized exchange incurs two types of fees:

• Trading Fee: Charged by decentralized exchange on all trades.
• Gas Fee: Charged by the Ethereum network on all Ethereum transactions.

According to our programming, our system(Token-Based Fee Reimbursement & Reward System) will use ETHERCToken(EET) to reimburse users for the fees(including trading fees and gas fees) at a fixed ratio and the entire process is fully automatic powered by smart contract. In a word, after each trading transaction completed, market takers will receive some EET tokens as the reimbursement for fees and market makers will also receive EET tokens as a trading reward. We can thus build an active and healthy ecosystem for trading on our exchange. More importantly, when gas consumption can be reimbursed, a higher gas price can be set for each transaction, which means that each transaction can be completed faster. Just to make things clearer, the below chart shows how the system works:

IMPORTANT NOTICE: The Token-Based Fee Reimbursement & Reward System will be released and deployed on Ethereum mainnet in early June.

The initial Fee Reimbursement Ratio will be 10000EET/ETH. But it will be adjusted frequently according to the market price of EET.

About ETHERCToken(EET)
ETHERCToken is an exchange-backed ERC20 Ethereum token officially issued by ETHERC decentralized exchange. Unlike other projects, there won't be an ICO,  but we will distribute most of the tokens to our community and our traders via airdrop, bounties, etc. It is worth mentioning that 50% of the total ETHERCToken token supply will be initially dedicated to the "Token-Based Fee Reimbursement & Reward System".

In order to maintain the price of EET:

• 1.We will take out 30% of our revenues in each quarter to buy back tokens and burn them.
• 2.We will adjust the fee reimbursement ratio in our "Token-Based Fee Reimbursement & Reward System" according to the market price of EET frequently.
• 3.We also plan to create more services/apps which can be paid by EET. More details will be published in the near future.
• 4.We does not currently charge a fee for listing a token on our Exchange, but we plan to charge an appropriate fee for listing in 2019. By then, we only accept EET as the payment.
• 5.More measures will be taken later to maintain the price of EET...

To get more details and features about EET, please read our official ann thread of ETHERCToken here: https://bitcointalk.org/index.php?topic=3757809.0


About Our Smart Contracts
Our trading smart contract (ETHERCExchange.sol) was built based on the principles first established by EtherDelta and used a very similar logical structure but with some important updates. For example, we have more rigorous validation of the trading function to reduce the probability of failed transactions and we added a function to record gas consumption of each transaction which is used for our Token-Based Fee Reimbursement & Reward System. For more details about our smart contracts, you can review the code on Github: https://github.com/ETHERCIO/smart_contract or EtherScan: https://etherscan.io/address/ethercio.eth#code.


Token Listing
We does not currently charge a fee for listing a token on our Exchange, it's totally free. We will consider all requests on a first come, first served basis. Follow the steps below to submit your listing request:

• 1.Simply fill out the ETHERC Token Request Form here: https://docs.google.com/forms/d/e/1FAIpQLSfXYIo9ZmljVBxWfySmSvKnZ7u7nqrFwSPBkytPK6VD8GDySA/viewform to provide us some necessary information of your token, such as token name, address, symbol, deciamls, website, etc.
• 2.Besides, your token's smart contract should be verified on EtherScan or open-source on Github.  
• 3.Once we received your request, we will audit the code of your token carefully to make sure that there isn't any bug.
• 4.If your token is audited and accepted by our team. It will be listed on our exchange in 48 hours.

Roadmap

Official Links
Exchange Platform: https://etherc.io/
Twitter: https://twitter.com/etherc_io
Medium: https://medium.com/@etherc_io
Telegram Group: https://t.me/ETHERC_Official
Telegram Channel: https://t.me/ETHERC_Official_Channel
Github: https://github.com/ETHERCIO
Support Center & Knowledge Base: https://etherc.zendesk.com/
Token Listing Request Form: https://docs.google.com/forms/d/e/1FAIpQLSfXYIo9ZmljVBxWfySmSvKnZ7u7nqrFwSPBkytPK6VD8GDySA/viewform

Contact Us
You can contact us via email: support@etherc.io

[LegendaryMemberArt]

Looks pretty good . But I'm concerned about security . Recently frequent hacks of exchanges, I lost tokens on the Delta .  How reliable is your exchange ?

[ETHERC]

Looks pretty good . But I'm concerned about security . Recently frequent hacks of exchanges, I lost tokens on the Delta .  How reliable is your exchange ?

Before we answer you question, we wanna say that security is the most important feature an exchange should have and we will always do our best to make our services more secure.

First of all, our exchange is built on top of Ethereum network with smart contracts. So you have 100% control of your funds in exchange all the time.
Secondly, our smart contracts have already been verified on EtherScan and they're open-source on Github. You're very welcome to review the code.
Most importantly, if you trade on an decentralized exchange and create an account by importing your private key, there is still a little chance that your funds will be stolen due to the phishing attack. So although we give our customers the ability to create an account by importing private key, but we still strongly recommend you to use decentralized exchange with MetaMask or any other Ethereum wallets.

[andreibi]

Looks pretty good . But I'm concerned about security . Recently frequent hacks of exchanges, I lost tokens on the Delta .  How reliable is your exchange ?

Technically, there are no actual hacking of the decentralized exchanges or such exchanges can actually prevent scamming hackers from phishing susceptible traders. It's like blaming Paypal for all those phishing emails throughout the years. You cannot prevent hackers from phishing you.

Basically you were fooled into thinking you were at the right exchange.

[FaucetKING]

As my mates have said, the Look of the Exchanger is amazing but, to run a decentralized exchanger you must improve security layer and work around the hour to make it safe in order to earn good reputation.I will follow the news and i might try to buy some tokens too.Now, i have a question about bounties and airdrops, any links to join?

[ETHERC]

As my mates have said, the Look of the Exchanger is amazing but, to run a decentralized exchanger you must improve security layer and work around the hour to make it safe in order to earn good reputation.I will follow the news and i might try to buy some tokens too.Now, i have a question about bounties and airdrops, any links to join?

Get more details here: https://bitcointalk.org/index.php?topic=3757809.0
 

[ETHERC]

New Token Listing:

EXMR/ETH: https://etherc.io/#EXMR-ETH
HYDRO/ETH: https://etherc.io/#HYDRO-ETH
BCO/ETH: https://etherc.io/#BCO-ETH
ALPHA/ETH: https://etherc.io/#ALPHA-ETH

[jackjackfly]

Did I understand right that you do not charge for listing? Or am I wrong? If not, how you make choice of new pairs. And also what type of tokens are your exchange compatible with?

[ETHERC]

New Token Listing:

MOVI/ETH: https://etherc.io/#MOVI-ETH
TBT/ETH: https://etherc.io/#TBT-ETH
XGO/ETH: https://etherc.io/#XGO-ETH

[ChakDeFatte]

We would like to list our token on your exchange. How long it may take to get the listing live on it? Please let us know.

[ETHERC]

We would like to list our token on your exchange. How long it may take to get the listing live on it? Please let us know.

Only one business day. But you should fill out the request form firstly.

[kul0n]

A good project. I think decentralized exchanges will eventually replace the usual exchangers since this approach retains full anonymity, and this is very important when working with cryptocurrency. Successes

[Kirch2007]

We would like to list our token on your exchange. How long it may take to get the listing live on it? Please let us know.

Only one business day. But you should fill out the request form firstly.

Hello. How to withdraw money to another exchange with my wallet???