We have launched! Welcome token.store EOS — EOS’ first Trustless Exchange

Harry Birch
3 min readJun 25, 2019

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token.store, creators of trustless decentralized exchanges since 2017, are delighted to present to you token.store EOS: EOS’ first fully trustless exchange with limited time 0% fees! You can now access our trustless exchange (TEX) on token.store/eos!

To celebrate our launch, we are inviting our ETH-based users to apply for a free EOS wallet from our partners TokenPocket Wallet and a chance to win 10,000 TPT here.

While users accustomed to Ethereum will find that there is some friction in activating EOS wallets, as you must own some EOS already to have a wallet (unless you manage to get a free TokenPocket one from this promo), Ethereum users will quickly find that the absence of gas fees and transaction speeds of under one second compensates for this!

Why token.store EOS?

token.store EOS is the first trustless exchange on the EOS blockchain. TEXs are exchanges you don’t have to trust to keep your funds safe. We do not hold users’ funds: users trade straight from their own wallets (we currently support TokenPocket, Scatter, Lynx Wallet and your local wallet) and funds locked in limit orders are held by the smart contract (which is on the blockchain), not us.

We are trustless for the following reasons:

  1. Unlike other EOS DEXs, token.store EOS has a full smart contract with which users can interact with directly through a public interface. If token.store’s sites goes down, users can still access their funds locked in orders and continue trading on the smart contract/cancel orders.
  2. token.store EOS has fully on-chain trading, with an on-chain orderbook and on-chain listing: important as shown by this hack of a top EOS ‘DEX’. Naturally, we also have on-chain settlement
  3. First exchange on EOS to audit their smart contract: announcement upcoming

We also stand out since we have:

  1. 0% trading fees (!) (0% fees for everything) for a limited time after launch
  2. One-click transactions — trade straight from your own wallet without a need to deposit/withdraw
  3. No KYC

With $1 billion stolen from centralized and ‘semi-decentralized/hybrid’ cryptocurrency exchanges in 2018, trustless exchanges with full smart contracts are particularly important.

Do try out our TEX and let us know what you think on Telegram or Twitter! :)

About token.store

token.store is a pioneer in the trustless technology space. In 2017, token.store launched token.store ETH, one of the web’s oldest and most popular decentralized exchanges on Ethereum. token.store ETH is proud to have hosted over 600k successful transactions, transacting tens of millions of dollars worth of digital assets. token.store has been used by over 100,000 ETH accounts since inception.

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