The Elysian token is being listed on the exchange token.store. Token.store is a decentralized exchange to buy and sell ERC20 tokens. This platform is unique because when a trader purchases a token, they are taking the best order available from an exchange that is integrated into the token.store ecosystem. So the platform basically does the dirty work for you; they find the best available offer to avoid the hassle of opening 10 different tabs to check the trading price of several different exchanges.
The reason we feel that this is a good addition to our portfolio of exchanges is because as our list of exchanges continues to grow, more prices will be accessible for traders that liquidate on the token.store platform.
The platform itself is relatively easy to use for traders of all levels, but the UI/UX could use a bit of improvement. In order to trade on this platform you will need to either create an account on token.store, import your MyEtherWallet account with your private key, or go through MetaMask, which is best used as an extension, most commonly on Google Chrome. All of these methods are very simple.
Token.store also has a significant amount of tokens on their platform currently. We can expect this number to increase in the near future, especially considering the fact that they are actively researching credible projects, such as Elysian, to add their tokens onto the exchange. As the platform grows, so will the amount of reputable projects that choose to list their token here.
The 24 hour volume is decent for the size of the exchange, and this will also improve once the bear market finally comes to an end. Volume on all exchanges is down heavily since January, some of which around 90%. This is always a reflection of the state of the market and the popularity of certain tokens.
Overall, token.store is very simple to use and it’s a good option for basic ERC20 token trading. All options of creating or importing accounts make the process convenient. This is a fairly small exchange that has several token options available and will continue to grow as it gets bigger in the industry. The addition of Elycoin (ELY) helps to grow their ecosystem and also helps to improve liquidity for the Elysian community as well.
The Elysian project has successfully listed its token on over 10 exchanges now since the completion of the token sale in early July. With the development of the mobile wallet and the completion of the new platform CryptoVerse in progress, there are lots of things for the Elysian community to be excited about in the next 60 days. Users will be able to store their tokens in the mobile wallet and transfer them to and from both exchanges and the Elysian Ecommerce platform.
The Elysian team understands the importance of continuing to produce and improve when the industry is struggling a bit, so that when it recovers we can be on top of the list of thriving projects and get a step up on the others. This is a critical point in the existence of the project for several reasons, and we acknowledge this and are acting accordingly. We expect the rest of 2018 to be very productive and to have some great things to show the public to continue to grow interest and exposure to the Elysian project.
About Elysian:
Forum https://forum.elycoin.io
Website https://elycoin.io
Telegram https://t.me/elysian_ely
Whitepaper https://elycoin.io/whitepaper/english
Reddit https://www.reddit.com/r/Elysian_ELY/
Twitter https://twitter.com/Elysian_ELY
