Token Trader, a decentralised exchange is going live on mainnet on February 1st 2018.
In the past 24 hours its token coin AirSwap Token (AST) has shot up by 40%.
Centralised exchanges have come under fire after the most recent $533m hack of Coincheck in Japan.
By contrast, AirSwaps’ Token Trader allows for peer-to-peer trading of ERC20 tokens.
In theory this is safer because the coins are not held on an exchange but are transferred between users.
The coin allows users to signal their ‘intent to trade’ and also is used for voting power.
It’s worth noting that AirSwaps board of advisers includes Joseph Lubin, co-founder of Ethereum.
Token Trader is the next step towards their token marketplace.
Article written by Tim Copeland
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