SwitchNSwap

A true pro trading Decentralized platform powered by liquidity from Uniswap and other DeFi Dexes like Mooniswap, Bancor, Balancer, Kyber, Bounce and so forth.

         * Coming Soon

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Frequently Asked Questions

SwitchNswap is a blockchain based DeFi trading solution which uses liquidity pools of multiple automated market maker protocols like uniswap, Bancor, Mooniswap, Kyber etc. SwitchNSwap provides many additional trading features like limit order, stop loss orders, aggregation of orders to reduce gas price and leverage trading on decentralized protocols, in order to provide a smooth and convenient trading experience to users.
ANYONE. As we interface with decentralized liquidity providing protocols, any user with an ERC-20 compatible wallet can use the platform for placing his trade in a hassle-free manner, without having any registration or KYC requirement.
Yes. The local utility token of SwitchNSwap will be SNS, the SwitchNSwap Token. The SNS token is an integral part of the overall ecosystem of the platform and will have significant use cases. Holders of SNS tokens will be benefited in different ways. Some common usage of the token is identified with administration (Governance), providing liquidity on AMM protocols (e.g.Uniswap), native token for platform fee, reward tokens for providing liquidity/lending/other services on platform etc.
NO, there is no such requirement to must hold SNS token for using SwitchNSwap platform. But users having SNS token will have additional benefits and incentives including but not limited to platform fee rebates.
We are a non-custodial platform. The web3 browser of ERC 20 compatible wallet of user will connect to our platform when user allows the permission. Only when the limit order/stop loss order is placed, the respective token asset will move to the platform side-chain waiting for execution while user will receive a receipt token in return which is a claim against user’s original token. Once the order is executed, user will get back his swapped asset by submitting his receipt tokens back, or if user opts to cancel the order, he will get his original token back by submitting his receipt token. All these functions will be programmed through smart contracts and user will always be owning either his tokens or receipt tokens and will never lose the ownership. The platform can’t own the tokens of users.
We aim to solve multiple problems currently existing with trading on decentralized Automated market maker protocols like Uniswap, Bancor, Mooniswap, Balancer etc.
-User can place limit order for buying/selling of tokens
-User will significantly save gas fee due to aggregation and execution of multiple orders together
-User can place stop loss orders for the tokens he is holding
-User can get the history or his traders, orders pending, order executed for his trades done on the platform
-User can get the advantage of margin trading/leverage trading upto certain multiple for trading in select pairs
-User can get information on the charts, analytics, notification for new token listing
-User can get advantage of liquidity available on multiple AMM/liquidity protocols (Uniswap, Bancor, Mooniswap etc.) from the single platform using SwitchNSwap.
We are a group of individuals with strong backgrounds in IT and Finance. Due to various country specific regulations and crypto related restrictions we have opted to keep the team anonymous to the community. However, we assure you of the highest ethical standards in running this project and being anonymous is in no way going to affect our commitment to the community. In future, when the legal environment for cryptos will be appropriate, we will proudly reveal our identities.
For any queries and proposals, please feel free to write to us: info@switchnswap.tech
You can also contact us on our website by filling the details and submitting the form. https://switchnswap.tech
Our Social media links to reach out to us:
Twitter - https://twitter.com/SwitchNSwapSNS
Telegram - https://t.me/SwitchNSwap

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