SWITCHEO SWTH (Cryptocurrency) Color Changing Mug 11oz

'SWITCHEO SWTH (Cryptocurrency)' Switcheo SWTH is a cryptocurrency native to the Switcheo Network, an open-source decentralized trading platform built on the NEP-5 standard of the NEO blockchain. Launched in 2018, SWITCHEO aims to provide a user-friendly interface for trading various digital assets. The platform's primary purpose is to facilitate peer-to-peer trading of digital assets, including its native currency, SWTH. The SWTH token serves multiple purposes within the Switcheo ecosystem, such as paying transaction fees on the network, staking for liquidity provision, and voting on network governance proposals. Switcheo Network's unique feature is its off-chain matching engine, which allows for faster transactions and lower gas fees compared to on-chain trading platforms. The platform also offers atomic swaps, enabling cross-chain trades between NEP-5 assets and Ethereum ERC-20 tokens without the need for a trusted intermediary or custodian service. As a decentralized exchange, Switcheo operates independently of any central authority or institution, relying on consensus mechanisms to validate transactions and maintain the integrity of the network. Users can access the platform using various wallets compatible with the NEP-5 standard, such as Neon Wallet, O3 Wallet, and others. In summary, Switcheo SWTH is a cryptocurrency utilized within the Switcheo Network, a decentralized trading platform built on the NEO blockchain. It offers fast, low-cost peer-to-peer digital asset trading, cross-chain atomic swaps, and staking functionality for liquidity provision and network governance.