Soku Swap Exchange

4 min readMay 22, 2021

Introduction

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

Moving on, the project I’m going to present you is Soku Swap (https://www.sokuswap.org/), a fully decentralized cryptocurrency exchange with the focus and customer service of a centralized exchange.

Definition

In more detail, Soku Swap (https://www.sokuswap.org/) is an exchange based on Blockchain technology using a type of automated liquidity protocol trading model for cryptocurrencies.

List of Features and Benefits

Easy-to-use AI Flash Loans: The platform offers arbitrage trading with exchanges such as PancakeSwap or Uniswap. Soku Swap will employ AI to advise whether the trade you are about to make will be profitable or not before you start.
Soku Swap Own Member: Soku will be a governance token, thus allowing users themselves to decide on the future of the platform itself.
Soku Swap tokens: The platform offers this tool, with which they invest for you, in case you don’t know what to invest in. They offer an autotrading service through a weekly study of the best cryptocurrencies to invest in.
Soku Swap Token Rating: At Soku Swap each token receives a percentage score based on an internal evaluation of the platform.
Two networks, one exchange: On Soku Swap, you can trade on the Ethereum network and the Binance Smart Chain.
Soku Swap Crypto Classes: Free crypto classes, short and entertaining way to learn about their technology and what they do.
Soku Swap Live Chat Support: Soku Swap 24 hour live chat to handle any request.
Soku Swap No KYC: No KYC = Privacy. With the freedom of DEX, just connect your wallet and make your trades.

Bounty program

The project gives the opportunity to earn Soku tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (BTT_Thread_SokuSwap), where you can access the link in order to see what are the conditions to become an early Soku Swap contributor and start acquiring tokens.

You can also stay tuned in their official Telegram Channel (https://t.me/sokuswap). I hope you liked the post and soon I’ll send you new ones.

Token details

Symbol: SOKU
Token price: $0.07 USD
Blockchain: Binance Smart Chain
Type: BEP-20
Total supply of tokens: 222,222,222,222 SOKU

The Soku token will be the$SOKU, which will add value to the project ecosystem and to be able to create a sustainable environment. The platform currency to be used as the exchange method is Soku, which will be on both the Ethereum network and Binance Smart Chain.

The token is based on the Binance Smart Chain (BSC) network, which is a blockchain network built for running smart contract-based applications, which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. What is special about Binance Smart Chain is its low fees and fast transaction speed, but what is even more special is its compatibility with EVM (Ethereum Virtual Machine). Due to EVM compatibility, DApps developed on Ethereum can be ported (imported into Binance Smart Chain as-is), and Ethereum wallets like Metamask can be used as-is.