Hi everyone,

While the launch of the v2.0 smart contract has been slightly delayed, the development and expansion to support the Qtum and Ethereum blockchains been in ongoing all this while. We have made good progress on those and will be letting everyone know of our TestNet plans for these blockchains next week.

…but before that, here’s what we’ve been up to for the week!

New Token Listings

We’ve just listed the PikcioChain (PKC) NEP-5 token on Switcheo Exchange! Remember to use SWTH as fees to enjoy a 50% off on trading.

Ledger Hardware Wallet Support

The new NEO ledger app has been released on the Ledger Manager! This means that you will be able to trade directly using your Ledger Nano S on Switcheo Exchange starting next week, 12th June, when we release our UI update.

To do that, there are some prerequisites which your Ledger device needs to be updated to and you should prepare for.

Do make sure your Ledger has:

the most updated ledger firmware (≥1.4.2), and

updated and the latest NEO application (≥1.3.1).

Check here for instructions from LedgerHQ to update your ledger firmware.

Check here for instructions on how to update your NEO application.

You must update your firmware to the latest version before trying to update your NEO app.

We’ll also be releasing a guide on how to trade with the Ledger on Switcheo Exchange on 12th June.

#SwitchtoSwitcheo V2 Extravanganza — Launch Event

As announced earlier, we will be having an event to celebrate the launch of our upgraded exchange and to show our appreciation to all of our supporters!

No matter whether you are a trader, developer or just a fan of Switcheo, everybody will stand a good chance to win prizes. The launch event consists of multiple categories including a Pro-Trading Competition, Developer Hackathon, and a Community Giveaway.

This week, we are releasing the details for the Switcheo Community Chest segment of our launch event. This portion of the event will last for 1 month, starting on the date of our V2 public release.

Here’s how you can participate!

SwitcheoFun

Create sticker packs and GIFs with Switcheo as the main topic to win fantastic prizes!

Prizes:

Top 10 winners will each win a limited edition, specially customized, laser-engraved Switcheo Ledger Nano S.

Criteria:

Submit your stickers to the SwitcheoFun telegram group

Switcheo needs to appear in the stickers in either logo and / or text format

Selected entries will be posted on the platform for the community to vote

Only entries submitted during event period will be eligible

No obscene / illegal content please!

SwitcheoTrade

Trade on Switcheo Exchange consistently within the event period to win rewards!

Prizes:

A prize pool of 1500 GAS tokens will be shared equally among eligible traders based on how much they traded in the event period by the following tiers:

10–50 NEO worth of trades — 500 GAS pool

50–100 NEO worth of trades — 500 GAS pool

>100 NEO worth of trades — 500 GAS pool

Criteria:

Total executed trades during the event period must amount to a minimum of 10 NEO within the event period to be eligible to join this giveaway

within the event period to be eligible to join this giveaway Traders must sign and up register one address per telegram handle separately to prevent address abuse — we will publish the registration address when the event begins

SwitcheoDraw

Sign-up for our newsletter during the event period to stand a chance to win attractive Switcheo merchandise!

Prizes:

Stand to win exclusive Switcheo merchandise such as Mugs, Ledgers, T-shirts, Hoodies and Mousepads!

Winners will be picked randomly from the all registered users

There will be 24 winners in total

6 winners will be chosen at the end of each week

Winners will get a unique selection of exclusive Switcheo merchandise

Criteria:

Sign-ups must be from now till the end of the event period

Sign-ups must have their registration email confirmed

Please note that all the criteria stated above are part of the event Terms and Conditions. Participants who did not comply will not be rewarded.

Switcheo Bug Hunt

Finally, we have something installed for our strongest supporters to help us with a perfect V2 roll-out. Stay tuned to details on our official channels!