Switcheo recently announced a partnership with Obolus, a research and development company that provides solutions in the financial and blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details sectors.
The partnership will open the way for Switcheo to offer users the opportunity to trade on the EOS blockchain through the Switcheo Exchange.
Opportunities for users
It seems that Switcheo offers its users the opportunity to exchange EOS tokens through their decentralized exchange. Obolus will offer the exchange a chain matching mechanism that will allow users to "trade absolutely risk-free, honestly and transparently. This technology is unique compared to other EOS DEX, which typically use less secure key delegation technologies."
Interesting in the section: Advantages and Prospects of EOS
The latest announcement from Switcheo appeared after the opening of their OTC tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details box office, as well as the announcement that they would work on offering atomic swaps on the exchange.
Switcheo's latest cryptographic partnership that will allow EOS to trade on Switcheo DEX. Switcheo, which was originally launched as the exchange of NEO tokens (NEP5), has since added Ethereum and now EOS to its proposal, seeking to expand its offer to all holders of tokens, – according to Switcheo on Twitter.
Editor: Yuliya Soroka