Swiftex Update — The Big One

Swiftex
3 min readOct 9, 2019

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Welcome to the latest update of Swiftex. In this one there is a lot to cover ranging from new and upcoming features, new design and layout and the launch of our exchange token SWFT

The UI

We have been working hard to update the UI of Swiftex to make it extremely user friendly and appealing. We believe our newest update achieves this.

This is a total UI overhaul including the trading page which contains bug fixes and new features.

New Features

User Interface Overhaul

The new UI brings new speed and more Trades Per Second than the previous version and improved security with Barong.

Trade from the chart feature. This makes trading easier by allowing you to select prices directly on the chart.

Airdrops

We have implemented an airdrop system into Swiftex to allow coins to airdrop coins to Swiftex users easily.

Simply add 2 factor authentication to your account and then airdrop will appear in your profile for you to opt into.

The Swiftex Token and ICO

We are launching an ICO shortly for the exchange token SWFT. The purpose of SWFT is to be a utility token for the exchange to provide more functionality for users such as:

  • Reduced trading fees
  • Referall bonuses
  • Airdrops
  • Bounty system
  • Coin listing payment

More information about SWFT can be found on our token website https://ico.swiftex.co

Changes to pairs

With the addition of SWFT there are a few changes coming to pairings. Firstly we will see the removal of MYNT, LTC and DOGE pairs. This will mean we will have base pairs of BTC, ETH, SWFT and USDT.

We believe this will make the exchange more efficient in how it is run and the consolidation of markets will be beneficial to the long term of the exchange.

There are no coins to be delisted in this process so there is no need to worry about your coins, they’re safe!

These changes will go into affect in 7 days, which will be the 7th October 2019

Future Features

Sub Asset Marketplace

We are actively developing an asset marketplace to support the sub assets built on the Blockchains of coins such as RVN, RITO, MYNT and others. This would allow a home for these sub assets to be traded in their native coin as a pairing.

Social Trading Aspect

We want to add a social experience to trading as well as gamifying it too. This would allow you to compete against traders and show off your public profile including holding percentages, social accounts and other information.

Leaderboards for referalls and percent profits will help you stand out from other traders.

Show your trades to the community. Think you’re a savy trader? Do you give advice on technical analysis on twitter etc? Then put your money where your mouth is. Show your trades to your community.

There will be more to come but this is the first update for now.

Thank you for reading!

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