Switcheo Has Announced A Partnership With Obolus And The Launch Of Switcheo On The EOS Blockchain

Switcheo Has Announced A Partnership With Obolus And The Launch Of Switcheo On The EOS Blockchain

Switcheo Has Announced A Partnership With Obolus And The Launch Of Switcheo On The EOS Blockchain

“This launch has allowed Switcheo to be one of the first non-custodial exchanges on the EOS blockchain. We are pleased to reach this milestone together with our partner, Obolus, with whom we share a common vision for a decentralized financial system.”

— Ivan Poon, CEO, Switcheo Network

The new EOS market is a marriage between Switcheo’s modern trading interface and Obolus’s powerful on-chain matching engine. A fully trustlessfair and transparent platform designed for users to trade on EOS blockchain seamlessly and securely.

To easily onboard new users, the new EOS market is launched with a proprietary staking system, which pays network fees for the users while they interact with the exchange contract. This first-of-its-kind system will allow users to trade on Switcheo without staking their own EOS tokens.

“Our smart contract will process trades on the blockchain, at a blazing fast speed. With Switcheo’s elegant and intuitive trading interface, EOS traders can trade with ease while retaining ownership of their funds on Switcheo Exchange.”

— Mauricio Hernandes, CEO, Obolus

EOSPark has been chosen as our preferred EOS block explorer, along with Scatter as the first EOS wallet available with our new trading market. New EOS users can also trade on the EOS markets easily by creating a free Switcheo Account.

Switcheo Has Announced A Partnership With Obolus And The Launch Of Switcheo On The EOS Blockchain – Source: https://medium.com/switcheo
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