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Crypto exchange Switcheo has signed an agreement with O3 wallet

On Monday, NEO-based decentralized crypto exchange Switcheo said that it signed a deal with mobile wallet O3, which will enable wallet users to trade directly from their O3 app.

Wallet users should use the new decentralized application (dApp) browser and sign a signature request before making a Switcheo trade order. Switcheo is the first exchange to use the O3 dApp browser, which aims to make crypto trading easier and faster.

Currently Switcheo supports 19 NEP-5 tokens in trading pairs with NEO (NEO), Gas (GAS) and its own token Switcheo (SWTH). NEP-5 is a token standard for NEO blockchain similar to the Ethereum ERC20 protocol.

Switcheo plans to add QRC20 tokens based on the Qtum network as well as coins that use ERC20. The trading platform is also developing a second exchange, dubbed v2, which will have new trading APIs and a new mobile user interface.