Atomic crypto swaps platform
We will comment about crypto swaps and particularly Atomic Swaps, a new way to do cryto swaps today. The launch of the bitcoin network in 2009 heralded the beginning of a new era of finance. This is driven by the promise of a completely transparent and decentralized means of storing and exchanging value. Today, the cryptocurrency ecosystem is far from decentralized with trade being dominated by centralized exchange platforms.
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.
Exchange usually levy a lot of fees and charges, especially when you are trying to withdraw your coins back to your wallet. Some exchanges also have pretty questionable fee-structures. The first limitation that atomic swaps face in its current iteration is that three conditions need to be met for two cryptocurrencies to engage in atomic swaps. As of right now, these characteristics are going to greatly limit the number of cryptos that can actually take part in these swaps. However, that’s not the worst part. It will, unfortunately, also limit the number of companies and users that can experiment with them right now. This will increase the time it will take the general masses to get used to this new technology. See additional info at Swap Cryptocurrency.
Swapy claims to offer the best exchange rate possible without the need to manually place buy/sell orders. It manages this by combining over 10 exchanges to give users more low-cap and low liquidity tokens at spot price. Currently, you can swap BTC, ETH and USDT into over 70 different tokens, from XEM and REM to BCH and DASH. All of the exchange flows to your wallet can be tracked on-screen. Another 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. Visit: https://atomiic.io/.