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TokenStore

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About TokenStore

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  1. Article on Medium: https://medium.com/token-store/if-decentralized-exchanges-are-the-future-then-the-token-store-is-the-future-of-dexs-34009cba6f3e The concept of centralized exchanges contravenes every founding principle of crypto -- decentralization, anonymization, and security. They’re not decentralized -- you don’t hold the keys, which means you don’t hold the coin. They’re not anonymous -- the vast majority require KYC. And they’re insecure -- more than 980,000 BTC - over $7.8 billion at today’s rate - have been stolen from centralized exchanges. By their very nature, centralized exchanges continue to be an attractive target to some of the very best hackers on the internet. They are often insecure. The Mt. Gox hack alone lost almost 7% (!) of all Bitcoin in circulation. In the first three months of 2018, $534m in NEM was stolen from Coincheck, $195m of crypto from Bitgrail, and $3.3m from CoinSecure. This is where decentralized exchanges (DEXs) come in: anonymous, secure, and trustless. With fully decentralized exchanges such as The Token Store, funds are deposited into a smart contract, instead of being directly deposited in an exchange. Fully decentralized exchanges have no way of removing funds from the smart contract - only the person who holds the private key of the Ethereum account that sent funds there can retrieve it. Moreover, no sign-up or email addresses are needed to use a fully decentralized exchange: the best way to use The Token Store is through MetaMask. This makes the experience completely anonymous. With centralized exchanges under persistent attack by bad actors and regulators, the lack of liquidity which DEXs are facing is likely to be gradually solved. When it comes to DEXs, The Token Store stands out. The Token Store is a fully decentralized exchange built on the Ethereum network. It’s cheaper than its rivals by an order of magnitude, contains none of the annoyances that plagued the first generation of DEXs, and offers a much cleaner experience. EtherDelta used to be the dominant DEX, but serious bugs and poor code rendered it unusable: this is how ForkDelta came about, but continued bugs and UI issues make the user experience tedious and unreliable. The experience offered by The Token Store is simple, but smooth, and doesn’t suffer from such serious bugs. Furthermore, it has recently decreased its trading fees to 0.03%: this makes it 90% cheaper than ForkDelta and over 85% cheaper than the ‘semi-decentralized’ exchange IDEX. It is also certainly much cheaper than any centralized exchange: when trading with The Token Store, one must pay only the trading fee and gas. Also of note is the flexibility DEXs offer. The Token Store now supports the trading of any ERC20 token by contract address: this means that tokens don’t even have to be listed anywhere for them to be traded. Traders may gain a significant advantage by using this feature by being able to start trading before most people do when the token is listed. This makes trading much less rigid and more accessible than on centralized exchanges. DEXs are the answer if you want your funds to be safe and if you’d rather preserve your anonymity on the web. I recommend checking out The Token Store for a start, since it offers the cleanest, most efficient and by far the cheapest product on the market. To conclude on a light note, this amusing tutorial by DJ Bobby Hustle explains how to use The Token Store in an entertaining way: https://www.youtube.com/watch?v=XcFfZU187V0&t=281s
  2. Article on Medium: https://medium.com/token-store/if-decentralized-exchanges-are-the-future-then-the-token-store-is-the-future-of-dexs-34009cba6f3e The concept of centralized exchanges contravenes every founding principle of crypto -- decentralization, anonymization, and security. They’re not decentralized -- you don’t hold the keys, which means you don’t hold the coin. They’re not anonymous -- the vast majority require KYC. And they’re insecure -- more than 980,000 BTC - over $7.8 billion at today’s rate - have been stolen from centralized exchanges. By their very nature, centralized exchanges continue to be an attractive target to some of the very best hackers on the internet. They are often insecure. The Mt. Gox hack alone lost almost 7% (!) of all Bitcoin in circulation. In the first three months of 2018, $534m in NEM was stolen from Coincheck, $195m of crypto from Bitgrail, and $3.3m from CoinSecure. This is where decentralized exchanges (DEXs) come in: anonymous, secure, and trustless. With fully decentralized exchanges such as The Token Store, funds are deposited into a smart contract, instead of being directly deposited in an exchange. Fully decentralized exchanges have no way of removing funds from the smart contract - only the person who holds the private key of the Ethereum account that sent funds there can retrieve it. Moreover, no sign-up or email addresses are needed to use a fully decentralized exchange: the best way to use The Token Store is through MetaMask. This makes the experience completely anonymous. With centralized exchanges under persistent attack by bad actors and regulators, the lack of liquidity which DEXs are facing is likely to be gradually solved. When it comes to DEXs, The Token Store stands out. The Token Store is a fully decentralized exchange built on the Ethereum network. It’s cheaper than its rivals by an order of magnitude, contains none of the annoyances that plagued the first generation of DEXs, and offers a much cleaner experience. EtherDelta used to be the dominant DEX, but serious bugs and poor code rendered it unusable: this is how ForkDelta came about, but continued bugs and UI issues make the user experience tedious and unreliable. The experience offered by The Token Store is simple, but smooth, and doesn’t suffer from such serious bugs. Furthermore, it has recently decreased its trading fees to 0.03%: this makes it 90% cheaper than ForkDelta and over 85% cheaper than the ‘semi-decentralized’ exchange IDEX. It is also certainly much cheaper than any centralized exchange: when trading with The Token Store, one must pay only the trading fee and gas. Also of note is the flexibility DEXs offer. The Token Store now supports the trading of any ERC20 token by contract address: this means that tokens don’t even have to be listed anywhere for them to be traded. Traders may gain a significant advantage by using this feature by being able to start trading before most people do when the token is listed. This makes trading much less rigid and more accessible than on centralized exchanges. DEXs are the answer if you want your funds to be safe and if you’d rather preserve your anonymity on the web. I recommend checking out The Token Store for a start, since it offers the cleanest, most efficient and by far the cheapest product on the market. To conclude on a light note, this amusing tutorial by DJ Bobby Hustle explains how to use The Token Store in an entertaining way: https://www.youtube.com/watch?v=XcFfZU187V0&t=281s
  3. Hello! We are The Token Store, a truly decentralized exchange (DEX) built on the Ethereum network. We’re smooth, sleek, fast and efficient, with friendly support and a host of excellent features. If your only experiences with DEXs so far have been with EtherDelta and its forks, you’re going to find using The Token Store a delightful experience. Today, we’re announcing that we’re cutting our fees by 90%. That means that market-takers are charged a fee of only 0.03%! Market-makers, as before, are charged a fee of 0%. With the fee cuts, we’re now 90% cheaper than EtherDelta and ForkDelta, and 85% cheaper than IDEX for market takers and infinitely cheaper for market takers. Additionally, due to IDEX’s ‘semi-decentralized’ nature, our gas fees are going to be approximately 5x less than IDEX’s. In addition to these fees, the Ethereum network charges a transaction fee (gas) for every transaction. At current prices, that’s between $0.10 and $0.20 per transaction, and it goes to the Ethereum network miners, not us. We’re also happy to announce that we now support trading any ERC20 token with just the contract address. Simply go to http://token.store, click on the green “Address Trading” button, and enter the contract address there. If it’s a valid ERC20 contract, we’ll populate the market. Using Address Trading is a great way to test new tokens, swap tokens between users, and create markets for tokens that don’t want to pay the extortionate listing fees of more centralized exchanges. You can also access any ERC20 trade by address market at token.store/trade/<contractaddress>, replacing <contractaddress> with the ERC20 contract address. The Token Store supports MetaMask, you can directly import your private key, or you can use The Token Store to create a new ETH public address / private key pair. In case you’re not familiar with using DEXs, our friend DJ Bobby Hustle made this excellent Youtube tutorial: https://www.youtube.com/watch?v=XcFfZU187V0&t=281s Feel free to ask any questions you might have in this thread, or join our friendly telegram group at t.me/thetokenstore! Thanks! PS: We are open to any and all partnerships, promotional opportunities, and rebates for market-makers -- just ping one of the admins on the telegram group to get in touch.
  4. Hello! We are The Token Store, a truly decentralized exchange (DEX) built on the Ethereum network. We’re smooth, sleek, fast and efficient, with friendly support and a host of excellent features. If your only experiences with DEXs so far have been with EtherDelta and its forks, you’re going to find using The Token Store a delightful experience. Today, we’re announcing that we’re cutting our fees by 90%. That means that market-takers are charged a fee of only 0.03%! Market-makers, as before, are charged a fee of 0%. With the fee cuts, we’re now 90% cheaper than EtherDelta and ForkDelta, and 85% cheaper than IDEX for market takers and infinitely cheaper for market takers. Additionally, due to IDEX’s ‘semi-decentralized’ nature, our gas fees are going to be approximately 5x less than IDEX’s. In addition to these fees, the Ethereum network charges a transaction fee (gas) for every transaction. At current prices, that’s between $0.10 and $0.20 per transaction, and it goes to the Ethereum network miners, not us. We’re also happy to announce that we now support trading any ERC20 token with just the contract address. Simply go to http://token.store, click on the green “Address Trading” button, and enter the contract address there. If it’s a valid ERC20 contract, we’ll populate the market. Using Address Trading is a great way to test new tokens, swap tokens between users, and create markets for tokens that don’t want to pay the extortionate listing fees of more centralized exchanges. You can also access any ERC20 trade by address market at token.store/trade/<contractaddress>, replacing <contractaddress> with the ERC20 contract address. The Token Store supports MetaMask, you can directly import your private key, or you can use The Token Store to create a new ETH public address / private key pair. In case you’re not familiar with using DEXs, our friend DJ Bobby Hustle made this excellent Youtube tutorial: https://www.youtube.com/watch?v=XcFfZU187V0&t=281s Feel free to ask any questions you might have in this thread, or join our friendly telegram group at t.me/thetokenstore! Thanks! PS: We are open to any and all partnerships, promotional opportunities, and rebates for market-makers -- just ping one of the admins on the telegram group to get in touch.
  5. Hello! We are The Token Store, a truly decentralized exchange (DEX) built on the Ethereum network. We’re smooth, sleek, fast and efficient, with friendly support and a host of excellent features. If your only experiences with DEXs so far have been with EtherDelta and its forks, you’re going to find using The Token Store a delightful experience. Today, we’re announcing that we’re cutting our fees by 90%. That means that market-takers are charged a fee of only 0.03%! Market-makers, as before, are charged a fee of 0%. With the fee cuts, we’re now 90% cheaper than EtherDelta and ForkDelta, and 85% cheaper than IDEX for market takers and infinitely cheaper for market takers. Additionally, due to IDEX’s ‘semi-decentralized’ nature, our gas fees are going to be approximately 5x less than IDEX’s. In addition to these fees, the Ethereum network charges a transaction fee (gas) for every transaction. At current prices, that’s between $0.10 and $0.20 per transaction, and it goes to the Ethereum network miners, not us. We’re also happy to announce that we now support trading any ERC20 token with just the contract address. Simply go to http://token.store, click on the green “Address Trading” button, and enter the contract address there. If it’s a valid ERC20 contract, we’ll populate the market. Using Address Trading is a great way to test new tokens, swap tokens between users, and create markets for tokens that don’t want to pay the extortionate listing fees of more centralized exchanges. You can also access any ERC20 trade by address market at token.store/trade/<contractaddress>, replacing <contractaddress> with the ERC20 contract address. The Token Store supports MetaMask, you can directly import your private key, or you can use The Token Store to create a new ETH public address / private key pair. In case you’re not familiar with using DEXs, our friend DJ Bobby Hustle made this excellent Youtube tutorial: https://www.youtube.com/watch?v=XcFfZU187V0&t=281s Feel free to ask any questions you might have in this thread, or join our friendly telegram group at t.me/thetokenstore! Thanks! PS: We are open to any and all partnerships, promotional opportunities, and rebates for market-makers -- just ping one of the admins on the telegram group to get in touch.

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