Cross-Chain Trading On Ethereum, Ethereum Classic, and Callisto: Why the Saturn Network is the next generation of cryptocurrency exchanges

  LONDON, UNITED KINGDOM - 05/08/2018 (PRESS RELEASE JET)

Saturn Network has already begun transforming the cryptocurrency trading market when they launched Radex, the first zero fees decentralized exchange for trading Ethereum ERC20 & ERC223 tokens, in December 2017. Radex is their unique vision on how an exchange should be run: completely on the blockchain with no exceptions. This ensures that all the market data is accessible to everyone and, for users to trade securely without the need of deposits or creating accounts. Furthermore, it provides a unique possibility of trading with zero fees as there are no overhead costs. In addition, the underlying technology is compatible with all EVM (Ethereum Virtual Machine) blockchains such as Ethereum Classic, Callisto or Qtum; putting the Saturn Network at the forefront of developing secure decentralized cross chain trading.

It is no secret that cryptocurrency trading has taken a turn for the worst by following the poisoned footsteps of traditional financial institutions. Today we find ourselves having to use platforms that are all controlled by one single entity, falling into traps like market manipulation and insider trading. Exchanges that routinely get hacked due to their centralized architecture, making it a risk that traders may lose everything. Current decentralized exchanges cannot be hacked or rigged, yet suffer from low liquidity due to smaller trading volumes and this is where the Saturn Network will thrive.

Saturn Protocol allows access to a decentralized order book in just one transaction, providing a shared liquidity pool to decentralized exchanges to attract a much higher trading volume. Built for the users with shared ownership in mind, there are no imbalances of power: holding SATURN tokens means you are part of the Saturn DAO (Decentralized Autonomous Organisation). You will be able to vote on binding protocol changes or even be paid dividends from exchange fees.

The real kicker is just how far Saturn Network team has taken their vision of the DAO, their voting system is not just feedback, it is a true democracy governed by the blockchain. For example, a scenario exists where the community could, by vote, change the whole development team. You can join the Saturn DAO today and be part of shaping the future of cryptocurrency, by participating in their strategic investor program where a 50% bonus is available or in their main ICO.

Saturn Network’s ICO started on May 1, 2018, and will end July 31, 2018; the Saturn DAO token has been released on the Ethereum blockchain following the ERC223 standard.

To download their whitepaper and for more information visit: https://saturn.network