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Author Topic: SWATX DEX - Decentralized Zero Fees ERC20 Exchange - New Tokens/Projects Invited  (Read 762 times)
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June 19, 2019, 08:47:50 PM
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SWATX DEX - Decentralized ERC20 Exchange


Pay your listing Fees in SWAT: For the First Few Projects - Listing Fee = 1 million SWAT (Approximately 1 ETH worth of SWAT)

SWAT can be purchased from the following exchanges: FatBTC, EtherFlyer, P2PB2B and SWATX.

Contact admin@swatx.net for Further Instructions and Suggestions.

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June 19, 2019, 09:10:30 PM
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Fees for Listing after the promo period will be 2 million SWAT (2 ETH Worth or 500 USD worth of SWAT).
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June 19, 2019, 09:18:49 PM
 #3

Hello Swatx and welcome everyone!!!!!
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June 20, 2019, 12:27:13 AM
 #4

it is completely looks like forkdelta. did you just copied the Api?

dikipermana, Thanks for your query.. Yes.. It is partly a fork/clone of ForkDelta except for the Zero Trading Fees part! We don;t have any trading fees on SWATX. SWATX does not make any money as transaction fees. The gas ffess for deposit to exchange and withdrawal from exchange or the gas fees for the confirmation of transactions are all the GAS fees paid to the Etherereum Network.. If you take other Exchanges, Sellers of SWAT will have to pay SWAT as fees and Buyers will have to pay ETH as fees to the exchange even if it is just 0.2% as in the case of FatBTC  https://fatbtc.com/fees Use Control F to search for SWAT you can see it. Depositing into Fatbtc will incur normal GAS prices as per the ETH network and Withdrawal of SWAT has a Fees of minimum 10000 SWAT on FatBTC till you reach a particular level. Other things being equal except for the high withdrawal fees for SWAT, the 0.2% charged by FatBTC as Taker and Maker Fees (buy and sell trading fees) is not present on SWATX!
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June 20, 2019, 12:29:01 AM
 #5

Hello Swatx and welcome everyone!!!!!

KrypticKev, Thanks for your post and for the welcome message to everyone.. Welcome to you too!
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June 20, 2019, 11:48:07 AM
 #6

Our Airdrop today has brought a lot of new investors to our Telegram Groups! Maybe 300 to 400 New Users!
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June 20, 2019, 04:46:14 PM
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There are 36 pending mails to be processed now.. I will process these first thing tomorrow morning.. Everyone who has completed the tasks and claimed it with a genuine phone number will get the Airdrop.. Nothing to be worried.. Everyone can sleep/work peacefully depending on individual time zones! Thanks for the excellent response! Let us continue tomorrow morning!

SWATX Chat has got 335 New users Today! SWAT Community 308! Great! I want every one to be active participants.. I have more interesting offers coming up soon!
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June 20, 2019, 04:56:48 PM
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Fees for Listing after the promo period will be 2 million SWAT (2 ETH Worth or 500 USD worth of SWAT).
How are you going to create liquidity of the exchange? Now there are a lot of such exchanges and the volume is almost zero.
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June 21, 2019, 01:26:42 AM
 #9

Good Morning Everyone! Airdrop Processing has startef for 21st June now.. 63 Pending mails currently.. All of these will be cleared in the next 2 to 3 hours. Thanks for your support and  patience! Have a Great Day Ahead! Cheers!
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June 21, 2019, 01:40:10 AM
 #10

Fees for Listing after the promo period will be 2 million SWAT (2 ETH Worth or 500 USD worth of SWAT).
How are you going to create liquidity of the exchange? Now there are a lot of such exchanges and the volume is almost zero.

oleganpetro, Thanks for your message and for your query.. Though SWATX is a new launch, we are a 15 month old project with 100 s of investors from 39 different countries. We keep running various promotional activities to acquire users from new countries and geographical regions on a continuous basis. We are already listed on other exchanges such as FatBTC, EtherFlyer, P2PB2B with huge investor base and active telegram communities where all our members are active too. Please Check our Telegram Groups, https://t.me/swtcoincommunity & https://t.me/SWATXChat.

We don't ever involve in activities to create artificial volumes. But what all good projects or tokens that list on SWATX will get is the exposure to our group of loyal and supportive investor community who have stayed with us through the ups and downs in the crypto world. In fact 70% of our investors who bought during the pre-sale in March 2018 have not sold a single coin till now! 15 months back we did a pre-sale at 0.00008 USD price.. We are at 0.0003 USD now.. We hope t reach 0.001 USD soon.. Slow, stable and steady growth is what we believe in.. I am sure tokens/projects with a good team and good idea can achieve that with the listing on SWATX and with the exposure to our community..
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June 21, 2019, 06:46:27 PM
 #11

One more good day of Airdrop.. Cleared all pending mails.. Around 60 new users for each of our Telegram Channels today! We had started off the Airdrop with less than 300 Followers on our Official Twitter Account.. Now we are on 514! Today we have got a couple of new users from new Countries such as Bangladesh and Sri Lanka.. We have to keep the momentum going.. And reach 10000 members and holders soon! When we reach 10000 members our price will be higher than 0.001 USD..
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June 21, 2019, 06:51:52 PM
 #12

SWATX Withdrawal Instructions: While withdrawing or transferring ETH after selling on SWATX.. Try with slightly lesser amount than the actual balance.. Suppose you choose 16 as gas fees the Exchange will set aside 0.004 ETH as the maximum possible fees for the transaction.. The eventual fees after the transaction goes through, might me much lower but since the exchange does not know the exact fees it will set aside a particular amount (Gas fees at 4 means 0.001 ETH set aside) for gas based on the gas fees chosen by you.. It is the same case with Metamask and other wallets too. In Metamask now they give you an option of choosing slow, average and fast transaction confirmation.. with different GAS fees associated with these options.. So the wallet will set aside some amount of ETH for this though finally the actual value will be surely lower than this.. There is another option.. If you are using Metamask, You can import the Wallet address on SWATX to your Metamsk Wallet by using the private Key.. If you do that then once the ETH has reached your Wallet there is no need to transfer it to another address.. You can use this wallet created by SWATX for your right from Metamask, like any of your Metamask regular wallet Addresses!
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June 21, 2019, 06:57:31 PM
 #13

I think it would be more interesting if your platform waives the deposit fee and withdraws on the ethereum network rather than having to free up trade fees
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June 21, 2019, 07:30:01 PM
 #14

Fees for Listing after the promo period will be 2 million SWAT (2 ETH Worth or 500 USD worth of SWAT).
How are you going to create liquidity of the exchange? Now there are a lot of such exchanges and the volume is almost zero.

oleganpetro, Thanks for your message and for your query.. Though SWATX is a new launch, we are a 15 month old project with 100 s of investors from 39 different countries. We keep running various promotional activities to acquire users from new countries and geographical regions on a continuous basis. We are already listed on other exchanges such as FatBTC, EtherFlyer, P2PB2B with huge investor base and active telegram communities where all our members are active too. Please Check our Telegram Groups, https://t.me/swtcoincommunity & https://t.me/SWATXChat.

We don't ever involve in activities to create artificial volumes. But what all good projects or tokens that list on SWATX will get is the exposure to our group of loyal and supportive investor community who have stayed with us through the ups and downs in the crypto world. In fact 70% of our investors who bought during the pre-sale in March 2018 have not sold a single coin till now! 15 months back we did a pre-sale at 0.00008 USD price.. We are at 0.0003 USD now.. We hope t reach 0.001 USD soon.. Slow, stable and steady growth is what we believe in.. I am sure tokens/projects with a good team and good idea can achieve that with the listing on SWATX and with the exposure to our community..

Great to hear such principle but I hope you will stick to your word of not creating artificial volumes even in your future endeavours.
You need to create a unique edge from all the other exchanges out there to gain loyal traders.
And building your reputation will take time, as long as you have good intentions, people will eventually notice your exchange.
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June 21, 2019, 11:14:39 PM
 #15

This exchange is very similar to forkdelta but how can ideal with the ethereum blockchain without getting charged even a cent to pay as the fees for ethereum blockchain? Do you have an idea about what should i do? Based on your explanation and zero fees is only a buzzwords dude.  Roll Eyes

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June 22, 2019, 06:41:02 AM
 #16

I think it would be more interesting if your platform waives the deposit fee and withdraws on the ethereum network rather than having to free up trade fees

annazaitun87, Thanks for your suggestion.. But for this we have to be a Centralized Exchange.. Since we are functioning on the basis of a Smart Contract within the framework of the Ethereum Block chain.. We are constrained by the way the transactions are confirmed on the block chain using gas fees!

I appreciate your participation!
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June 22, 2019, 06:58:22 AM
 #17

Fees for Listing after the promo period will be 2 million SWAT (2 ETH Worth or 500 USD worth of SWAT).
How are you going to create liquidity of the exchange? Now there are a lot of such exchanges and the volume is almost zero.

oleganpetro, Thanks for your message and for your query.. Though SWATX is a new launch, we are a 15 month old project with 100 s of investors from 39 different countries. We keep running various promotional activities to acquire users from new countries and geographical regions on a continuous basis. We are already listed on other exchanges such as FatBTC, EtherFlyer, P2PB2B with huge investor base and active telegram communities where all our members are active too. Please Check our Telegram Groups, https://t.me/swtcoincommunity & https://t.me/SWATXChat.

We don't ever involve in activities to create artificial volumes. But what all good projects or tokens that list on SWATX will get is the exposure to our group of loyal and supportive investor community who have stayed with us through the ups and downs in the crypto world. In fact 70% of our investors who bought during the pre-sale in March 2018 have not sold a single coin till now! 15 months back we did a pre-sale at 0.00008 USD price.. We are at 0.0003 USD now.. We hope t reach 0.001 USD soon.. Slow, stable and steady growth is what we believe in.. I am sure tokens/projects with a good team and good idea can achieve that with the listing on SWATX and with the exposure to our community..

Great to hear such principle but I hope you will stick to your word of not creating artificial volumes even in your future endeavours.
You need to create a unique edge from all the other exchanges out there to gain loyal traders.
And building your reputation will take time, as long as you have good intentions, people will eventually notice your exchange.


TimeTeller, Thanks for your appreciation of our basic principle of not ever resorting to creating artificial volumes. Even if I was an investor which I have been for quite some time. I will feel cheated if after investing in a project having been fooled by big volumes and eventually find out that all this was artificially created.. Sites like coinmarketcap, etc., should stop listing and promoting such projects and coins that artificially hype their volumes.. 

We have been on several exchanges and platforms starting of with WAVES DEX initially before shifting to a mining enabled ERC20 token.. In fact WAVES DEX was extremely good in terms of speed, security, ease of use and extremely low fees! The main problem was listing it on other exchanges since it had lower acceptability and technical incompatibility..

Our project is mainly based on ad revenue sharing and app and device sale revenue sharing with small investors through block chain technology thereby empowering the simple and trusting common user who uses our device and app to earn 1 or 2 dollars a day which is a very important amount for the users in their respective countries.. The trust of the small investor and the hopeful common man who mines SWAT, is the foundation on which our project is built.. We will never let them down! So the exchange is a platform to buy sell or trade their mined SWAT or the invested SWAT.. We will never ever resort to artificial volumes since it beats the purpose of our project!

I truly appreciate your participation in the discussion and humbly accept your advice.. Thanks!
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June 22, 2019, 07:37:25 AM
 #18

This exchange is very similar to forkdelta but how can ideal with the ethereum blockchain without getting charged even a cent to pay as the fees for ethereum blockchain? Do you have an idea about what should i do? Based on your explanation and zero fees is only a buzzwords dude.  Roll Eyes

JeffBrad12, The solution for that would be to have our own block chain and not have the constraint of needing the mined confirmations from miners using very expensive hardware and the problem is bound to compound further with increase in difficulty.. For example we have a simple lean mining process using an Android APP that uses almost nil hardware, battery and data.. But since we are based on a Smart Contract sitting on the Ethereum block chain we can't avoid the Gas Fees as of now..

But once we are on a independent block chain and let us assume we can have 1000s of android devices acting as master nodes with extreme lean mining apps running in the background to confirm transactions in return getting a small monthly reward which will not be paid by those who do the transactions rather by the shared sales and ad revenue generated by the project then we can eliminate gas fees completely..

We are a modest project with humble budgets.. But we have a lot of enthusiasm, energy and innovative ideas! We hope to come out with such an independent block chain with Truly Zero Fees, powered a truly decentralized open ledger that is based on lean mining apps running on millions of android devices soon!
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June 22, 2019, 09:16:28 AM
 #19

Banner Designed by @GetHJR and @Lois our D & M Members from Ukraine for the launch of SWATX DEX.. Check it out everyone! Thanks Yuriy and Catherine! It is really good!

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June 22, 2019, 10:07:18 AM
 #20

SWAT Mining Farm owned by @antarmontar our D & M Member in Iran.. With Earnings of more than 2400 USD last month!


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