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Friday, June 25, 2021

Token.store Cryptocurrency Exchange Review : The Oldest, Fully Trustless

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About Token.store 

Token.store is one of the oldest, fully trustless, decentralized exchanges in the ecosystem. It operates trustless exchanges on the ETH and EOS networks. Since launching in 2017, token.store ETH has hosted over 600k successful on-chain transactions. token.store EOS was launched on 24th June 2019 – it is the first fully trustless exchange on the EOS network.

Token.store EOS features single-click fully trustless trades settling in under a second, no gas fees, no withdrawal or deposit (trade straight from your wallet), a full smart contract, fully on-chain settlement, order books and listing and friendly support. We are also proud to announce an introductory 0% commission rate for a limited time after launch!

Trustless exchanges are exchanges you don’t have to trust to keep your funds safe. token.store EOS never takes custody of its users’ assets: funds are kept in users’ wallets and trades are executed on-chain in an EOS smart contract, making them as secure as EOS itself. token.store EOS is fullly on-chain; it is the only EOS exchange with on-chain listing and an on-chain orderbook.

Token.store a world where over $1 billion was stolen from centralized exchanges in 2018 alone, token.store’s fully trustless technology is vital to keep your funds safe. token.store EOS also aims to be the first EOS decentralized exchange to audit its smart contract code: announcement upcoming!

Operating company

Exchange name Token.store
Customer Support 24/7
Deposit Fee Free
Futures trading Present
Trading fee 0.30%
Withdraw Fee 0.01 ETH
Official site https://token.store

How To  Start With Token.store

To start trading with Token.store, Indian residents first have to sign up for an account by following the steps below.

Step 1. Click on the “Login/Signup” link on the top right hand corner of the Token.store website.

Step 2. In the form, fill in your first name, last name, mobile number, email ID and password.

Step 3. If you have a referral code, enter the code while creating your account.

Step 4. Submit the form and wait for an activation email to be sent to you.

Step 5. Click on the “confirm email” link in the activation email.

Step 6. After your account is activated, you’ll be sent a 6 digit one time password (OTP), which you have to enter after logging into your Token.store account.

Token.Store Trading fees

This decentralized exchange’s trading fees for takers are 0.30%. This fee is roughly in line with the industry average. The industry average is arguably around 0.25%. For makers, however, Token.Store doesn’t charge any fees at all. This is of course a strong competitive edge if you’re usually the maker in your deals.

Withdrawal fees

The exchange does not charge any withdrawal fees at all. This is indeed very competitve in the cryptocurrency markets. They do however suggest that the users keep at least pay 0.01 ETH in their personal wallet in order to cover the gas fees. You can’t trade BTC at this exchange which is why they do not have any BTC-equivalent fee as they have for most other cryptocurrency exchanges in cryptocurrency exchange list.

Deposit Methods

Token.Store does not accept any other deposit method than cryptocurrencies, so new crypto investors can’t trade here. If you don’t have any crypto but want to start trading here, you will first have to purchase cryptocurrencies from another exchange and then, as a second step, deposit them here. In order to find an “entry-level exchange” where you can buy your first crypto with regular money.

Special features Of Token.Store

Trustless

They never take custody of user assets. The products are as secure as the underlying blockchain. No client funds lost, ever.

Established

London based BD team, European dev office, Stanford alumni founder. Capital raised from the smartest investors in Silicon Valley.

Secure

Impregnable decentralized products by design. As little centralization as possible. On-chain orderbooks, matching and settlement, proprietary node infrastructure.

Pragmatic

They build practical, sensible products that solve real user problems. Tens of thousands of users, hundreds of thousands of transactions.

Integrated

Robust trading APIs mean integration with 12+ brokerages & liquidity pools, listing on all leading data aggregators and major algorithmic trading apps.

Privacy Centric

No logins, no emails, no passwords, no spam. Products as private as technically feasible. All market participants are equal.

Trustless Exchange Solutions

The market leader in custom trustless exchange development work As one of the first trustless exchange companies, we’ve been building pioneering decentralized products in the rawest of ecosystems since 2017.

Token.Store have experience building and operating single-token trustless exchanges, regulated digital asset (security token) exchanges, and proof-of-concept trustless exchanges in testnet.

Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.
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