How To Trade Crypto Without Paying Exchange Fees

By Corlynne | Element Zero | 17 Oct 2019


Disruptive project — Element Zero (EZ) SmartSwap will allow anyone to exchange crypto for crypto, without the hassle, risk, or expense of using an exchange.

Most exchanges charge trading fees based on a “maker-taker” model, under which “takers” place orders that are executed immediately (read: market order), removing liquidity from the market, while “makers” place orders that sit on the books, below the ticker price for a buy and above it for a sell (read: limit order). Makers create more liquidity in the market and are often rewarded with lower fees and rebates. Takers are typically charged higher fees, which in these exchanges generally hover around 0.1% or 0.2%.

Smart Swap is still in beta, however, much attention has already been given to this disruption. Element Zero (EZ) SmartSwap allows anyone to exchange crypto for crypto, without the hassle, risk, or expense of using an exchange. By swapping your crypto using EZ SmartSwap, your crypto will be traded for the exact value needed. Say you need $100 BTC, but you only have ETH? Simply send your ETH to the EZ SmartSwap Contract and receive the exact value in BTC.

See how it works and subscribe for launch details: https://www.elementzero.network/ezo-beta/

 

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Corlynne
Corlynne

Specialising in the design, implementation, and evaluation of blockchain-enabled systems.


Element Zero
Element Zero

Element Zero is a not-for-profit next generation payment network based on an algorithmic stablecoin creation platform. Element Zero is designed with the hope of making the world better for all, by providing a new form of payment that is protected against long-term inflation and eliminates the possibility for any volatility in the first place.

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