Post
Topic
Board Announcements (Altcoins)
Re: SWATX DEX - Decentralized Zero Fees ERC20 Exchange - New Tokens/Projects Invited
by
SWATX
on 26/06/2019, 15:55:10 UTC
Lol, this seems like a carbon copy of Etherdelta/Forkdelta. You have simply forked from github and panned up your own exchange, people dont even put in effort these days  Grin

synapsisxxx, Of course it is a fork from EtherDelta! We have not hidden this fact.. How many projects today can boast of their own exchange where their community members can trade safely with zero fees and zero intervention from Admin and without the need for permission and approval from Admin of the exchange for withdrawing your own coins!?

I dont know.. Quite a few? DDEX, Switcheo over the top of my head. Yet they have their own UI and protocols. You dont have to deposit and withdraw from contracts. Listen, I dont wanna  over your project, but it might be a good idea to improvise if you want to stand out in this overly competitive market.

We are already listed on FatBTC, P2PB2B, EtherFlyer etc., Everywhere you need the admin's approval for withdrawal! We are not competing with any one here.. We have around 1500 Investors some of whom mine SWAT and the others trade it. We just wanted to create a safe platform for them to be able to trade SWAT, deposit and withdraw SWAT and ETH without the need for approval from any admin to do it and with zero transaction fees which by itself is an improvisation over ForkDelta and EtherDelta. On both EtherDelta and ForkDelta there is a 0.3% taker Fee.. which is not present in SWATX.. Zero Taker and Maker Fees! Gas needed for all the exchanges is a constant..

Check EtherDelta's SmartContract.. https://etherscan.io/address/0x8d12a197cb00d4747a1fe03395095ce2a5cc6819
There are scores of pending transactions that are delayed for days together! You will not find anything like this on SWATX. On our exchange using the updated smart contract, without taker fees the confirmation will be done with in a matter of seconds.. This is another major improvisation! Delayed and failed transactions are the main reasons why traders avoid decentralized exchanges. If good projects / tokens, wish to take advantage of these features they are welcome! Obviously our innovations and improvisations is an ongoing process and new features will be introduced on a regular basis..

I appreciate your participation in the discussion and your advice to improvise and innovate on a regular basis is noted.. Thanks!