American entrepreneur and crypto enthusiast John McAfee has launched his own decentralizedexchange on the Ethereum blockchain. The exchange will begin working in beta today, October 7th.
On his Twitter page, McAfee stated that government control over fiat currencies is restrictivefreedom of citizens, while decentralized exchanges cannot belimit or control.
According to the stated information, registration onThe McAfee exchange does not require passing a KYC audit, accepts residents of any jurisdictions and charges a single commission for takers in the amount of 0.25%. The exchange will not charge a fee to the makers and will have an open source code.
All tokens of the ERC-20 standard will be added to the platform without commission.
In a video posted on October 5, McAfee calls on the crypto community to use decentralized exchanges to achieve freedom and independence fromStates.
As previously reported, decentralized crypto exchangers work semi-automatically or automatically and allow users to fully control their own funds.
As of January 2019, decentralized platforms account for only 19% of the global exchange ecosystem, and their trading volumes account for less than 1% of the total.
In April of this year, major centralized exchange Binance launched its own DEX on its mainnet.Decentralized platforms also plan to launch the OKEx and Bithumb exchanges.
Based on materialscointelegraph.com