Switcheo Launches New USD Stablecoin Markets

We are excited to announce that we will be adding in 6 new stablecoin pairings! The following trading pairs will be added to Switcheo Exchange:

PAX Trading Pairs

To buy or sell PAX with U.S. dollars, go to https://standard.paxos.com (KYC required).

Other USD Stablecoin Trading Pairs

The PAX/ETH, USDC/ETH and DAI/ETH trading pairs will be moved to the USD tab under our markets dropdown, and will now be traded under:

Existing orders in the PAX/ETH, USDC/ETH and DAI/ETH markets will be automatically cancelled, and funds will be returned to users’ contract balance on the exchange.

*Upon the scheduled maintenance on 14 Jan 2019, we discovered some issues with ETH/USDC pairing and will not list this pair for the time being. The team is working on this matter and we will inform the community once it goes live.

SDUSD Trading Pairs

We’re hosting a trading competition in partnership with Alchemint! Find out more here.

To open or close SDUSD CDPs using NEO, go to https://neo.alchemint.io (please read the User Manual carefully — collaterization can introduce risk).

Scheduled Maintenance

In order to support the new pairs, there will be scheduled maintenance on Monday, 14 Jan 2019, 3.30pm SGT (UTC+8). The maintenance is estimated to last 1.5 hours, and will end at approximately 5pm.

All of the above trading pairs will be open for trading once the maintenance is complete.

About Switcheo Network:

Switcheo Network is the first decentralized exchange on the NEO blockchain which now allows trading of Ethereum and NEO tokens.

Our goal is to achieve a DEX network with cross-chain swapping capabilities across popular blockchains, with a focus on delivering a world-class trading experience in a trustless and decentralized environment.