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RE: Swapsteem - All You Need to Know about SwapSteem and the SWEET'Drop!

in #utopian-io5 years ago (edited)

Have you looked into the legalities of all this? Not to be negative but a lot of exchanges, once they get big enough, run into issues with governing bodies in various countries. I’m guessing you’ll be fine tor the time being but is there any plan or system in place to avoid these pitfalls should you grow?

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This is not a traditional exchange but a decentralized peer to peer exchange. We don't hold and Fiat assets with us as collateral neither hold any bank account in any country.
The Dex will be Registered before launch in a crypto supportive territory like Malta, Singapore or Estonia.

Posted using Partiko Android

Cool! Thanks for the clarification 😊

Posted using Partiko iOS

what safety measures a user has?