Crypto-to-crypto swaps, explained
How do crypto-to-crypto swaps work… and what are the top tips for performing them safely and cheaply? Any top tips for storing cryptocurrencies safely?Always double-check the transaction before confirming and take precautions.Of course, there are a few safety tips that you should follow. Be vigilant for phishing scams, and make sure that you’re using the official Ledger Live app.Never share your recovery phrase, or store it in a computer or smartphone — and only trust the details that you see on the screen of your hardware wallet.Learn more about ChangellyDisclaimer. Cointelegraph does not....
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PRESS RELEASE. Tallinn, Estonia: Swaps is pleased to announce that we have updated our platform. As a crypto and fiat payment processing company, we prioritize providing our partners with the best crypto on-ramp, off-ramp, and checkout services. Our new update includes better UI and UX, 31 blockchains and 1000 tokens available, new payment methods, quick API integration, and many more features. Since 2019, Swaps has been committed to helping businesses to access Web3 by providing crypto on-ramp solutions, allowing them to offer Bitcoin, Ethereum, Tether and other coins. Now this update....
Atomic swaps are a peer-to-peer, trustless method of exchanging coins on different blockchains. In essence, atomic swaps allow you to exchange, for example, bitcoin with litecoin, while avoiding the need to trust an exchange or any other third party. Further Reading: What Is Bitcoin? Atomic swaps ...
The Monero Project introduced a new trustless way to exchange between Monero and Bitcoin last week. Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week.On Friday, the Monero Project officially announced a rollout of the Atomic Swap implementation developed by the cross-blockchain protocol COMIT, aiming to simplify trades between XMR and Bitcoin (BTC).Following the launch of Monero Atomic Swaps, XMR has seen a notable surge, with its price rising from around....
The cross-chain liquidity protocol has put special focus on user experience with a simple user interface without them having to deal with complex virtual networks. At a time when the decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role in the DeFi ecosystem, and many protocols over time have come up with various new solutions to keep liquidity pools brimming. The latest trend in the liquidity market is focused on cross-chain solutions.Many experts believe....
It is well-known that Bitcoin’s upcoming lightning network promises instant confirmations and low fees. What is not as well-known is that this highly anticipated scaling layer is actually not limited to Bitcoin. The very same peer-to-peer protocol can potentially be extended to, and made interoperable with, many altcoins. This could allow for trustless altcoin payment processors, decentralized altcoin exchanges and perhaps even cheaper bitcoin-to-bitcoin payments and more. Atomic Swaps. Interoperability between Bitcoin and altcoins is not new. So-called atomic swaps(or atomic cross-chain....