CryptoBridge vs 1inch Token vs Newdex
What problem does this service solve?
Decentralized exchange that allows users to become stakeholders and receive 50% of the revenues from trading fees. | 1inch allows traders to find the best rates across multiple exchanges. | Newdex hopes to allow users to trade a variety of cryptocurrencies, with faster transaction times. |
Token Stats
Not Relevant |
Company Description
CryptoBridge is a decentralized exchange (DEX) powered by the BridgeCoin (BOC). BOC holders receive 50% of the profits that CryptoBridge collects from trading fees and become innvestors in the BridgeCoin exchange. In order to receive their share of the profits, users must stake part of their BOC holdings for a period of 1, 3, 6 or 12 months. The longer you stake your coins, the higher the staking bonus will be. Trading Fee: 0.2 % | The 1inch token is used as a governance token for the 1inch network, which is a decentralized exchange (DEX) aggregator that connects multiple DEXes into one platform, and allows its users to find the most efficient swapping routes across all platforms. 1inch allows traders to source the best liquidity options and rates from different exchanges without having to check them manually. | Newdex is the first EOS based decentralized exchange. It's built on the EOS main chain and uses an off-chain matching mechanism to pair buyers and sellers. Newdex was hacked in September 2018, and lost around $58,000 worth of cryptocurrencies. Trading fees are 0.1%. |