Exploring Dether: Peer-to-Peer Cryptocurrency Exchange

Dether serves as a peer-to-peer exchange, enabling users to buy and sell cryptocurrencies using a diverse array of local currencies. The platform introduces its native token, DTH, and initially emerged as a means for purchasing Ether with cash and locating stores that accept Ether.

Key Aspects:

• Local Trading: Dether facilitates users in discovering local sellers, offering reputation scores and personalized fee selection by the sellers themselves.
• Communication Facilitation: The platform mediates communication between buyers and sellers, streamlining the transaction process.
• Inner-Wallet Exchange: Dether's mobile wallet allows seamless conversion of different cryptocurrencies within the wallet itself.
• Security Concerns: The wallet's security raises concerns as information about its details is lacking on the website.
• Project Origins: Dether is a recent project, funded through an ICO that garnered around $12 million in February 2018.
• Promising Features: The platform offers valuable features such as locating local sellers for Ether transactions in native currencies and identifying users' locations.
• Future Potential: Dether's in-wallet cryptocurrency conversion caters to traders and users. While the range of supported cryptocurrencies is currently limited, the project holds promise for the future.