Switch ESH
$0.00914 3.03%
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Updated at 06:30$0
#7313
$81.72 3.00%
-$0.00028 3.03%
-$0.00033 3.56%
What about Switch?
ESH (Switch) is the native cryptocurrency of the Switch Network platform – a decentralized cryptocurrency exchange (DEX) hosted on the Ethereum blockchain. ESH functions as an ERC-20 token and is designed to facilitate transactions within the Switch Network platform.
The Switch Network is a non-custodial DEX that allows users to trade cryptocurrencies without the need for intermediaries, such as centralized exchanges. The platform utilizes a unique "Dynamic Loopring Order Matching" mechanism that facilitates speedy and efficient execution of trades, while creating robust liquidity.
ESH token has a dual purpose on the Switch Network platform: as a payment medium and a valuable asset. Apart from swapping ESH tokens for other cryptocurrencies, users can accumulate them for their potential worth. Furthermore, ESH token holders are entitled to a portion of the transaction fees produced on the platform, as an incentive for staking ESH tokens.
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