Radar Relay Decentralized Crypto Trading Exchange Launches Beta Platform
cryptocurrency-event-2018

Radar Relay Comes Out From Beta With A Completely Decentralized Trading Platform

Radar Relay just announced that it has blossomed out of its Beta phase and released the Version 1 fully functional platform.

They are a peer-to-peer trading platform for Ethereum-based tokens built on the 0x Protocol that operates an order book and relays orders between peers while never holding any assets in custody. Users directly connect their wallets to the Radar Relay platform, with no accounts, sign-ups, deposits, or withdrawal limits.

This first version update comes with improvements to user onboarding, with an intuitive tool to guide users through the process of connecting their wallet to the platform and enabling tokens for trading. The update also provides Radar Relay’s blockchain-based API with the same level of operational stability and usability as other professional-level APIs.

In the beta stage, Radar Relay added more than 170 ERC-20 tokens to its platform, facilitated more than $150 million USD in trading volume, and saw the average trade size increase by a factor of 40.

When asked about the release of the full version of their platform, their CEO said:

“When we launched the Radar Relay beta, we took a leap of faith in taking on the challenges of creating a new category and bringing control back to traders. Nine months later, the answer is clear, the response has been humbling, and we are one step closer to onboarding the world to the token economy. Leaving beta is more than just a technical update; it’s an inflection point for our industry. We are excited to evolve past the traditional exchange with the creation of wallet-to-wallet trading.”

Their CTO Mike Roth added:

“With the newly-created API, we looked to innovate on the concept of an API altogether by creating an intuitive and in-depth toolset. The same level of effort and attention to detail that went into creating our product was applied to our documentation as well, to ensure it’s more than just code on a page. This enables users of all experience levels to plug into Radar Relay not only to create and execute automated trades but also to further enhance their existing applications.”

Notably, recently Alan Curtis and Radar Relay received a $250,000 grant from the Colorado Office of Economic Development and International Trade.

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