Re: 【ANN】◢◣ S w i p p ◢◣ Modern Swipp cryptocurrency ● X11 ● POW/POS ● Masternodes
by
teamswipp
on 01/01/2018, 10:44:32 UTC
ANNOUNCING SWIPPSWAP
HAPPY NEW YEAR everybody.
As you know, we have tried to apply for a listing on a few exchanges. While some of them might actually list us (after us badgering them enough), others ask for insanely absurd amounts of payments in order to process and list a new currency. While developing an exchange was not part of our original plan, it is painfully obvious that the cryptocurrency world needs a proper free exchange where new currencies can flourish and get listed. The current situation with a few exchanges with business models solely driven by greed monopolizes the market and hampers innovation and directly goes against the free and open spirit that the original Bitcoin was developed under.
As a community and for the benefit of all cryptocurrencies out there, we need to, at one point or another, say that enough is enough!
Therefore we plan to, during the first quarter of 2018, release SwippSwap! A centralized exchange for the benefit of the whole cryptocurrency community where all new currencies can get listed for free. The exchange will be developed by a Swedish business and hosted in their private data center. To make the exchange easy to use, the interface and design is inspired by Cryptopia - something we beliveve will allow everybody to easily migrate to SwippSwap.
So to summarize the exchange;
Processed trades will cost 0.15%, putting us mostly below the rest of the market. Listing a cryptocurrency in all current base markets will be completely free - something that will never change. Developers will be able to buy extra services for their cryptocurrencies (base market listing, mining pool to name a few). These extra services will require Swipp for purchase. The initially planned base markets for the exchange are SWIPP, BTC, ETH, DASH, BCH and LTC.
In the long term, we believe the exchange will grow the Swipp currency and allow us to generate some funding for the project.
More details about the exchange will follow on the website. We will also post a seperate announcement here on bitcointalk about the exchange once we have more of the details in place.