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June 19, 2019, 09:49:38 AM |
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Hi. I am new to this space. & This is about a crypto project that I've been following for awhile (a year). Let me know your thoughts on this.
So today Switcheo launched the EOS/NEO pair which is pretty good news. I did some research and this is apparently the first of such pairing other than HITBTC (but i didn't hear v good reviews on this exchange). For a DEX I think this is great because afaik atomic swaps aren't that easy to do. I know how "dex are better than cex" in terms of security but alot of posts say that DEX are hard to use. But my sister (a complete noob) learned Switcheo pretty quickly so I think that says alot, at least to me.
Switcheo mcap is $2,345,000 USD
Volume is around 300k - 1mil (they recently listed v good tokens that boost their volume quite abit)
Their token, SWTH, which is used as trading fees is also burnt quarterly. This works somewhat the same as BNB right?
Anyway, I feel that this is a super undervalued gem and they're pretty legitimate on delivering their promises to the community, given that their exchange now have atomic swap markets on NEO/ETH/EOS and even an OTC platform. Have you guys heard on Switcheo and what do u guys think?
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