Gate.io Lists Switcheo Network (SWH)

Switcheo Network (SWH) trading on Gate.io started on March 29
29 March 2018   1020

Gate.io cryptocurrency exchange added Switcheo Network (SWH) to its market on March 29. SWH/ETH and SWH/USDT pairs are available for trading on Gate.io.

About Switcheo Network

​Switcheo is a Decentralized Exchange to be built on top of multiple popular blockchains to facilitate the exchange of digital assets. It will first be launched on the NEO blockchain and will include digital assets such as NEP-5 tokens (e.g. RPX, QLC) and future NEP-X tokens, and NEO’s system assets such as NEO and GAS. Trade settlements are done peer-to-peer via interaction with our smart contract(s).

Switchneo NetworkSwitcheo Network

Switcheo aims to achieve a network of DEX with cross-chain swapping capabilities between multiple popular blockchains such as QTUM (QRC20) and Ethereum (ERC20), with more research being done for upcoming blockchains like Stellar.

More:

  • Website
  • Whitepaper

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.