This all sounds great but its a lie that this is anything like a true decentralized exchange. Just like with any Bitshares exchange, like Crypto-Bridge, you deposit your coins to a centralized custodian, and then you credit our account with whatever coin we deposit. The custodian, in this case, steem-engine, has full control of the private keys of the cryptos they are backing with tokens, and can freeze, steal, or otherwise intervene in the operation and ownership of the coins. The only thing decentralized is the actual trading of fake versions of real coins. This also means, like with Crypto-Bridge, that this exchange MUST KYC/AML all US citizens or be at threat of total shutdown.
RE: Steem-Engine Breakthrough: BTC/LTC/BCH/DOGE trading now live!