Switcheo? More like atomic Switcheo, amirite?

Switcheo vs IDEX vs DDEX vs Uniswap vs DEX aggregators

Switcheo has some of the best tech and longest record of success for decentralized exchanges. They perform on-chain atomic swaps between NEO, ETH, & EOS. It’s a non-custodial DEX that uses a smart contract swap, from private wallets. The private wallet option available for those who don’t want to register for an account. The UI is nice and my experiences with the exchange have been quick and easy.

SWTH coin gives you more than most tokens

The main draw for me will always be the native token and SWTH coin strikes me as a late bloomer. They cap supply at 1,000,000,000 and give the token a deflationary pressure with all SWTH token fees burned from the Switcheo exchange. The once token now operates more like a coin with it’s own chain for matching orders on the @switcheo built DEX.

Switcheo chest hodl event

The Switcheo Team’s plan is to implement nodes and staking for SWTH. They’ve been monitoring the effects of token velocity and staking inflation through their SWTH hodl events. For the 2nd year in a row the multi-chain exchange will reward holders who lock SWTH in a smart contract.

Participants that commit to holding at least 100,000 SWTH for 90 days in Switcheo Chest will earn from a pool of 5,000,000 SWTH. Switcheo Chest will be available for users to commit their SWTH on 22 January, 12:00 UTC+8 and participants should lock up their tokens from 22 January, 12:00 UTC+8 to 21 April, 12:00 UTC+8.

Switcheo referrals and affiliate rewards

The referral program, offered by the atomic swapping DEX, gives affiliates 50% of all fees from the referred. The best part is the 25% off fees offered to the referred who signed up with your unique code. Swaps are nothing new for Switcheo and the SWTH coin, NEP5, ERC20, or EOSIO and swaps on it’s own token. They’ve gotten it down over the last few years and I don’t expect SWTH to stay @ $0.005 for very long.

Negative maker fees

Switcheo’s newest promo offers rebates on every trade made where you placed the limit order (maker). Rebates will be paid in SWTH and traders must hold SWTH to qualify, 300,000 for tier 1.

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