Atomic swaps platform

We will discuss about crypto swaps and particularly Atomic Swaps, a new way to do cryto swaps today. Truly decentralized: Atomic swaps are truly decentralized, allowing cryptocurrency traders to exchange digital assets without the need for third-party arbitration, with no counterparty risk. Mitigate investor risk: Atomic swaps also leave cryptocurrency holders in complete control of their cryptocurrency at all times, eliminating the hacking risk presented by centralized exchanges. Reduced trading fees: The only fees associated with atomic swaps are standard blockchain transaction fees, making atomic swaps a fee-free trading method.

They can also be expensive. Whilst there are many options like BTC Robot that offer free 60 day trials, you will usually be charged a monthly subscription fee that will eat into your profit. They can also be expensive to set up if you have to pay someone to programme your bot. On top of that, you’ll need to pay to have your bot updated as the market changes. So, whilst bots can help increase your end of day cryptocurrency profit, there are no free rides in life and you need to be aware of the risks. Perhaps then, they are the best asset when you already have an established and effective strategy, that can simply be automated. The most useful cryptocurrency trading tutorial you can go on is the one you can give yourself, with a demo account. Firstly, you will you get the opportunity to trial your potential brokerage and platform before you buy. Secondly, they are the perfect place to correct mistakes and develop your craft. You’ll usually be trading with simulated money, so mistakes won’t cost you your hard earned capital. Once you’ve trialled your strategy and ironed out any creases, then start executing trades with real money.

After that, in Feb 2018, Komodo managed to connect Ethereum and Bitcoin-protocol coins with a swap between ETH and DOGE. This way, Komodo was the first blockchain project to achieve this feat. By March 2018, Komodo’s atomic swap technology supported trades between 95% of all coins and tokens in existence. At the time of writing, over 110,000 atomic swaps have been performed on BarterDEX, Komodo’s decentralized exchange (DEX). How Komodo Works. Suppose John has BTC and would like some KMD (Komodo tokens) in exchange. Similarly, Alexandra has KMD and wants some BTC in return. How is this atomic swap going to work out? Read more details on Swap Crypto.

“Simple, fast and private. No registration” is the strapline you see when alighting on flyp.me, and for users troubled by KYC, it’s music to the ears. With flyp.me, you can exchange over 30 cryptocurrencies instantly including BTC, DASH, LTC, and a bunch of other altcoins while retaining full privacy. You also retain at least a measure of control over the exchange rate: when you hit the ‘Flyp now’ button, the rate is locked in for the next few minutes. Flyp.me promises to leverage several trading platforms to secure the best exchange, analyzing the market depth and liquidity of the currency in question and taking a 0.5% cut while they’re at it. Another very good choice is Atomiic.io.

The system is integrated into the largest cryptocurrency trading platforms. There is no deposit storage, only instant coin exchange in our service. So we are able to find the most profitable exchange rate for our users in a very short time. A project created for the convenience of customers. Our users don’t need to create accounts or store deposits in our service. Thanks to this, the users are protected from any kind of financial theft. We provide the best rates possible by comparing a wide range of reliable trading platforms. Source: https://atomiic.io/.