Bancor integrated into the DEX of McAfee
Bancor integrated into the DEX of McAfee
Crypto

Bancor integrated into the DEX of McAfee

By Marco Cavicchioli - 23 Dec 2019

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John McAfee announced that his DEX aggregator has integrated Kyber, Uniswap and Bancor

bancor dex mcafee

In fact on his Twitter profile he wrote

“McAfeeSwap.com is live! McAfeeSwap is a smart contract DEX aggregator that checks the price on DEXs such as Kyber, Uniswap, Bancor, & others to ensure you are getting the best price on trades. 1 click buying w/ instant processing! We hold no funds. NO KYC! 0.25% fee!”

The new service is McAfeeSwap.com, which allows people to buy and sell over 100 tokens directly or buy gift vouchers, bets and more. 

The service is used with MetaMask or Trust, anonymously and without having to register, and does not collect any personal information. 

All that is required is to select the token to send and the token to receive, enter the amount and click on SWAP. This will process the transaction immediately, after only 1 confirmation. 

McAfeeSwap charges a 0.25% fee on all transactions, and some of the trades used may require an additional fee. However, McAfee’s service promises to return 100% of all fees collected to its token holders on a monthly basis: 50% will be transferred to ESH holders, while the remaining 50% to DESH token holders.

In order to guarantee the best prices at all times, McAfeeSwap tracks prices on several decentralised exchanges, such as Kyber, Uniswap, Bancor, McAfeeDex and others. 

Bancor also commented on its official Twitter profile saying

“We’re thrilled to have Bancor’s Liquidity Network & $BNT integrated into the McAfeeSwap DEX aggregator!”

The use of decentralised exchanges and aggregators without KYC makes it possible to exchange tokens in complete autonomy and freedom, without running the risk of having to entrust funds to third-party custody. 

However, these services can only exchange cryptocurrency tokens, and not fiat currencies, as they are only compatible with crypto wallets such as Metamask or Trust. 

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

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