cryptocurrency exchanges

As we have mentioned in our previous Roadmap, Product Update, Testing Results and the Team post, we continue to work towards our goal of a future built on open source, decentralization and empowerment principles. Our MYST token will now be available for trading on two additional decentralized exchanges.

Some of the benefits of decentralized exchanges include:

No single point of failure. Have the nodes theoretically go down and the network would still be able to run. No single point of control. A truly decentralized application doesn’t have any way for someone to take over the system, which makes it more resistant to censorship and control. No single point of regulation. Being decentralized means that applications don’t fit into the nation-state paradigm.

Always do your own due diligence and research when dealing with exchanges or wallets. Protect and backup your private keys. We take no responsibility for the results and outcomes of using third party software or platforms. We do not issue recommendations, both claims and features regarding both exchanges are based solely on information provided to us by Lykke and WandX. You must evaluate and judge each option yourself. We only recommend to trade our tokens for the future purpose of using the Mysterium platform.

Lykke Exchange

Lykke is a semi decentralized exchange that will allow you to easily buy and sell MYST tokens from the convenience of your mobile phone, commission free. The MYST ERC20 token will be listed on the Lykke Exchange on June 1, 2018. There will be trading pairs for MYST/BTC (Bitcoin) and MYST/ETH (Ethereum).

Lykke Wallet: How to buy MYST, Bitcoin, Ethereum and cryptos

The Lykke Wallet mobile application for iOS and Android is the key element of the Lykke trading ecosystem. The wallet app makes it easy for you to trade currencies and cryptocurrencies, with complete support for margin trading. You can buy and sell assets such as MYST, Bitcoin and Ethereum on the open-source Lykke Exchange, the next-generation trading platform built on top of blockchains.

Lykke Wallet for Android

Lyyke Wallet for Apple

Lykke Web Terminal

How to get started with Lykke Wallet

Lykke indicates that it mitigates risks by using multisig cold storage to keep 90% of clients funds. Encrypted signatures for the hotwallet are located on a dedicated server.

Lykke Wallet Safety

WandX

WandX is a decentralized exchange for trading ERC20 tokens and ERC20 token baskets/portfolios. The Mysterium Network MYST token is available for trading for ETH on the WandeX ERC20 DEX. Metamask software and account is required for trading.

MYST token is trading on WandX

Users can trade in baskets of ERC20 tokens. Users can acquire multiple ERC20 tokens with a single transaction. The WandX platform does not hold private keys or any tokens.

WandX — creating decentralized financial markets for crypto-secured assets

Advantages of WandX

Automated decentralized contracts

Cryptocurrency and blockchain based products

Identity management

How to use WandX exchange video tutorial

Although our focus is on development, we continue to work with several other exchanges regarding possible future listing as well.

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