Market Cap: $2.51T 0.22% 24h Vol: $133.37B 4.42% BTC Dom: 56.20% 0.11%
WARNING: as stated on the website "Regrettably, the UbiTok.io exchange was permanently shutdown in July 2018."
UbiTok.io: Exchange from Country not disclosed

UbiTok.io

Exchange Information:

Blockchain icon Decentralized: Yes
Type icon Type: Exchange
Company icon Company: Bonnag Limited
Founding year icon Year Founded: 2017

Trading Information:

Trading fees icon Trading fees unknown (Submit)
API Status icon API Status: Active

Website

Online icon Online

Links:

API Information icon API Information unknown (Submit)

Features:

Affiliate program icon Affiliate program: Unknown

Social Media & News

What is UbiTok.io?

UbiTok.io was a decentralized exchange designed to trade Ethereum tokens. Although it introduced innovative technological advancements within the decentralized finance space, the platform faced significant challenges that hindered its commercial success. A key issue was the payment of Ethereum gas fees for every order placed or canceled, which proved to be unappealing to potential market makers. The lack of market makers, in turn, made it difficult to attract casual users looking for a viable trading experience.

Despite its promising technology, UbiTok.io ceased operations and was permanently shut down in July 2018. Even though the exchange is no longer operational, its underlying smart contracts remain functional as long as the Ethereum network supports them. However, interacting with these smart contracts without a user interface presents a significant challenge, limiting their usability.

UbiTok.io’s legacy reflects both the potential and pitfalls of decentralized exchanges, illustrating the complexities of creating sustainable trading platforms in the rapidly evolving cryptocurrency landscape. The exchange thanked its users and token creators for their support during its operation, standing as a testament to the vibrant yet challenging realms of decentralized trading solutions.

Frequently Asked Questions

UbiTok.io is based in: Country not disclosed.
UbiTok.io is a decentralized exchange.
UbiTok.io does not have a token at the moment.
UbiTok.io is a decentralized exchange.
UbiTok.io has an affiliate program and allows you to create a personal referral link.
UbiTok.io does not have an API.
According to our current information the website of UbiTok.io is online.
We do not have a direct link to the trading fees of UbiTok.io on records, but you might be able to find them on their website.

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