Review of the decentralized exchange TokenMom

in #tokenmom5 years ago

Hello to all subscribers of my blog! Are there many among you who often make transactions with the exchange of crypto currencies or participate in ICO, Airdrop and Bounty campaigns? Because the project, which I am reviewing today, will be most interesting for this category of users.

After all, if you think that all trading and exchange of crypto currencies is now taking place on centralized exchanges such as Binance, Bitfinex or Kraken, or on numerous exchangers presented on the Bestchange website. But all these platforms are under the full control of their creators and are forced to obey the laws of different States and the requirements of regulators. Account users can at any time block, for example, on suspicion of fraud, or simply to prevent withdraw from the exchange a large amount of money. Add to this the fact that most sites need to be verified, KYC and AML, to provide scans of documents, sometimes even on small exchangers. And where verification is not mandatory, you still need to bind and confirm your email address and mobile phone number. It turns out that all the vaunted decentralization, anonymity and openness of crypto currencies, disappears as soon as you start using the services of crypto exchanges and exchangers. And this has to be done, because in another way to buy or sell the crypt just nowhere, except directly through friends, or from dubious individuals on shadow forums.

Add to this the high Commission on transactions and the risk of losing all their savings, which are stored on the exchange.

But all these problems disappear when using the project, which I would like to tell you about – TokenMom. This platform is a unique decentralized exchange. Unlike many other similar projects, TokenMom embodies all the most cherished dreams of cipher banks and crypto-archers. Because this exchange, decentralization is implemented to the full. There is no need to register and create an account, pass user identification and provide documents for KYC and AML. Complete anonymity and freedom.

Instead of accounts on the exchange TokenMom will be used wallets Meta Mask or Ledger Nano S. Trade will be carried out directly from the wallet, and the exchange will act only as a link between the two people who want to make the exchange. You will not need to provide a phone number and email address, just connect your wallet to the exchange and trade.

When using this approach, there are 2 significant advantages – even if the site or the exchange server is hacked, they will not be able to steal anything from there. After all, the exchange will not store any funds – users will keep them on their own wallets. And since TokenMom does not need to worry about the safety of the funds entrusted to them by users, They can set a minimum size of the trading Commission for transactions. In the first 2 months of the Commission there will not be at all, and after this period it will not exceed 0.05%.

Another huge advantage that distinguishes this exchange from others is the ability to trade any ERC 20 and ERC 721 tokens on it. This feature will be highly appreciated by all ICO investors and bounty hunters, because now they do not have to wait for months when the tokens of the young startup they bought or earned will appear in the listing of some exchange. On TokenMom them immediately to sell, just found a seller.

Therefore, TokenMom does not even conduct an ICO – all investors who want to invest in the project before it becomes known can do it immediately on the exchange, which is already partially working.

Website : https://www.tokenmom.com/
Whitepaper: https://www.tokenmom.com/whitepaper_eng_1.1.pdf
twitter : https://twitter.com/Token_Mom
telegram: https://t.me/joinchat/JTRUsA3uCziUcGwt_3u79A
Ann thread : https://bitcointalk.org/index.php?topic=5088587.0

BBT K-265
https://bitcointalk.org/index.php?action=profile;u=2356011;sa=summary
Eth Address : 0x7E6cc119019D0661467285b3AA8Aa5840C806e0C

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