We will discuss about crypto swaps and particularly Atomic Swaps, a new way to do cryto swaps today. What is the downside to an atomic swap? Atomic swap trades are limited by liquidity. This means that without an exchange platform it can be difficult for traders to communicate and exchange cryptocurrencies. However, recent developments with atomic swap technology have resulted in the prolific increase in decentralized exchanges. Decentralized exchanges are combatting this issue through matching orders between traders using atomic swaps.
You should then sell when the first candle moved below the contracting range of the previous several candles, and you could place a stop at the most recent minor swing high. It’s simple, straightforward and effective. Even with the right broker, software, capital and strategy, there are a number of general tips that can help increase your profit margin and minimise losses. Below are some useful cryptocurrency tips to bear in mind. Short-term cryptocurrencies are extremely sensitive to relevant news. When news such as government regulations or the hacking of a cryptocurrency exchange comes through, prices tend to plummet. On the flip side, if a big company announces they’ll be incorporating the use of a currency into their business, prices can climb quickly. If you’re aware of any news and can react rapidly, you’ll have an edge over the rest of the market.
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? Discover extra details at Swap Crypto.
Changelly was founded in 2015 and supports over 150 cryptocurrencies, taking a 0.25% fee for all swaps. You’ll need an email address to use the service though, and Changelly reserves the right to apply AML/KYC to certain users, addresses and particular transactions, which may deter privacy absolutists. Like Changenow, Changelly enables credit card purchases of crypto thanks to a partnership with Simplex. Another very good pick 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/.