Switcheo decentralized cryptocurrency exchange announced the launch of an external trading platform called Switcheo OTC. Its opening is scheduled for March 4 in beta.
Switcheo OTC Features
The cryptocurrency exchange unit will be a platform for the use of smart contracts for Ethereum and NEO. Operations on it will receive several degrees of protection against hacking. In the first month of operation, users will be able to evaluate all the possibilities of the site, without paying a transaction fee.
In the future, it will be enough to apply the Switcheo token to get discounts on the site. The exchange of assets between blockchains on the platform is not yet available, but upon completion of beta testing it will be open to all users. After the NEO V update, the exchange will have access to assets with ERC-20 and NEP-5 tokens.
“Switcheo OTC will become a common tool due to its functionality. It will be suitable not only for the implementation of smart contracts, but also large-scale transactions. Now many opportunities are absent on Switcheo, which is why we decided to fix it, ”the company's developers said. To start using the platform, you will need to register at the main site and provide the necessary data.
