27 Jun 2018 Jane Whitmoore
Ethereum Classic Welcomes its First Decentralized Exchange - Radex Classic
Following the release of the Saturn Wallet, which provides access to dApps both on Ethereum and Ethereum Classic blockchains, the engineering team at Saturn successfully completed the Radex migration.
The exchange prides itself to be uncensorable and to run a zero fees policy for trading Ethereum tokens. The architecture of the decentralized exchange supports ERC 20 & ERX 223 tokens and runs on the chain without the need of overhead costs or centralization concerns.
The launch of the exchange is a crucial milestone in achieving the goal of building an ecosystem of decentralized exchanges running on multiple blockchains and a key driving force behind Ethereum Classic’s and Saturn Network’s future.
It is particularly empowering for the ETC network, as such decentralized trade platform and dApp browser attracts higher levels of developer attention. Radex allows migration of pre-existing Ethereum dApps, ensuring they are accessible and usable via the Saturn Wallet. Cryptocurrency startups and developers can be sure that their tokens will be suitable for listing on Redex Classic and will get instant liquidity.
The Saturn Network bases its strategy on working towards a fair and safe cryptocurrency trading future, run by traders, without intervention from centralized institutions. The company also strives to bring a decentralized exchange solution to each blockchain network.
Saturn token holders can vote on protocol changes related to exchange fees changes, new token listing, collective investment in new crypto projects, and receive a share of the profits as dividends.
The partnership with Saturn could only help the growth of the ETC ecosystem. With the launch of the trading platform, ETC has all it takes to attract new investments and users and make their vision for the future a success.