We will discuss about crypto swaps and particularly Atomic Swaps, a new way to do cryto swaps today. Komodo, an atomic swap early adopter launched the first atomic swap across ethereum. Today, Komodo has facilitated atomic swaps across 95 percent of all cryptocurrencies. Komodo recently released a new blockchain toolkit that allows users to create an entire blockchain network within minutes. Or, take Rubix for instance, which facilitates atomic swaps via a non-custodial wallet, allowing for fiat-to-crypto debit credit card purchases. The company is being rumored to be now working on a merchant payment processing platform that enables encrypted messages.

Security: Always check reviews to make sure the cryptocurrency exchange is secure. If your account is hacked and your digital currency transferred out, they’ll be gone forever. So whilst secure and complex credentials are half the battle, the other half will be fought by the trading software. Each exchange offers different commission rates and fee structures. As a day trader making a high volume of trades, just a marginal difference in rates can seriously cut into profits. There are three main fees to compare: Exchange fees – This is how much you’ll be charged to use their cryptocurrency software. What currency and coins you’re trading can influence the rate. Trade fees – This is how much you’ll be charged to trade between currencies on their exchange. A marker fee is the cost of making an offer to sell. A taker fee is the cost of taking an offer from somebody. Deposit & Withdrawal fees – This is how much you’ll be charged when you want to deposit and withdraw money from the exchange. You’ll often find it’s cheaper to deposit your funds. Also keep in mind some exchanges don’t allow credit cards. Using debit/credit will usually come with a 3.99% charge, a bank account will usually incur a 1.5% charge.

Komodo is a decentralized exchange and it is impossible to understate their contribution to the atomic swaps research. In fact, let’s take a tiny detour and go back in time. Just a year after Nolan presented the idea of atomic swap protocols, Komodo’s Lead Developer jl777 wrote the code that allowed some of the very first swaps. In the beginning, this code only allowed atomic swaps between NXT assets. However, jl777 then upgraded the code to enable NXT assets to be exchanged with any Bitcoin-protocol coins. During summer 2017, Komodo took the next step towards mainstream adoption of atomic swaps. They developed BarterDEX, which was the first GUI for a fully atomic-swap-powered crypto trading marketplace. Komodo soon began integrating dozens of Bitcoin-protocol coins and publicly performing thousands of atomic swaps on BarterDEX. The month after the Litecoin-Decred atomic swap, Komodo came up with a method of doing atomic swap trading with Electrum servers. See additional details on 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 Atomiic.io team is glad to welcome you at our service. We have done the process of cryptocurrency exchange simple, safe and comfortable. Our customers don’t need to create accounts or store their funds at Atomiic.io. We offer swaps of more than 300 cryptocurrencies. Our team is always glad to add new coins to the Atomiic.io list of currencies and is looking for new partners to make our platform even better. Visit: https://atomiic.io/.