BlockTrades introduces new steem power delegations

Users of BlockTrades are being allowed now to elongate the term of all borrowings, connected with cryptocurrency
01 December 2017   1002

Now, BlockTrades provide some reduction for 7 days due to it everyone will be able to elongate any new delegation. Such charity depends on the time decline within these 7 days because of Steem blockchain principles. In fact, when you get the elongation for 30 days, 20 % discount is guaranteed. It’s better than to purchase new delegation for the same period and overbuy.

Extend Delegation Page

How to extend the delegation on the account?

1. Just enter the password to your profile on BlockTrades.

2. Chose the slot which is called “Steem delegations” in menu list and there are all the available delegations you have.

3. Find the button “Extend” and click it if you want to prolong your delegation.

4. Then you’ll see the currency list, chose one you want to pay with.

5. Elect “Deposit Address” in order to receive all information about the payment variants.

6. Finally check if you’ve done everything right before pressing the button “send”. The delegation prolongation depends on the total sum you’ve donated. This deposit address will be saved for the following donation in order to extend the delegation on your account.

Switcheo to Launch Cross-Chain ETH-NEO Atomic Swaps

Developers says that the technology of atomic swaps has been known for few years, but is not popular, since its implementation in practice is quite complicated
25 April 2019   55

Switcheo announced the official launch of the atomic swaps feature for the Ethereum and NEO blockchains.

From now on, Switcheo users have access to the inter-block exchange of their own token exchange, SWTH and ETH, which allows for the transfer of assets between two markets represented on the trading platform and makes Switcheo the first decentralized exchange that implements this functionality.

A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says . With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.

Ivan Poon

CEO, Switcheo

According to the developers, the technology of atomic swaps has been known for several years, but is not widely used, since its implementation in practice is quite problematic. Switcheo lead developer John Wong explained that his team spent a lot of time adapting the process to the user's needs and achieved the desired result.