Riecoin Listed on Spectrade

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Pttn
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Riecoin Listed on Spectrade

Post by Pttn »

In the wake of the XeggeX security breach, we have been reminded that any such services can unexpectedly fail at any time and cause important losses. This prompts us to look for fundamentally different alternatives.

One of them is Spectrade, and we are glad to announce that Riecoin has been listed there.

Spectrade is a Decentralized Exchange (DEX), meaning in particular that there is not some centralized entity holding everyone's funds and particularly susceptible to be targeted by hackers. Instead, users are the ones in control of their own holdings, and use the platform to conveniently trade them via smart contracts securely performing the swap of assets. Should the platform shut down for any reason, users would be able to retrieve their funds themselves.

The platform is still in early development with some quirks, but it can pretty much be used in the same fashion as a regular centralized exchange. Spectra Cash has some ambitious plans, and we wish them much success so they also become a reliable and practical place for Riecoin trading.

Please come support them and Riecoin traders by bringing some liquidity to the markets!

Pairs: RIC/BTC, RIC/USDT (Polygon), RIC/LTC
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