American entrepreneur John McAfee has launched an Ethereum-powered decentralized exchange (DEX). The platform will run in a beta from Oct. 7, according to the platform’s official website.
McAfee DEX reportedly will entail no Know Your Customer checks, block no jurisdictions and charge a single platform fee of 0.25% for takers. It will not charge maker fees and will also reportedly be open sourced.
Any ETH-based token (ERC-20 standard) can be added without a fee to the beta version, with more unspecified tokens to be supported in the future.
As previously reported, John McAfee declared his intentions to work with Cuba’s government as a crypto advisor after the officials revealed their plan to launch a cryptocurrency as part of anti-sanctions package.