Atomic Swap

« Back to Glossary Index

This is a term used for trading one Cryptocurrency for another but without the interference of any trusted third party and outside of a cryptocurrency. Instead, a feature called “smart contract” is used to satisfy this purpose. This feature ensures that either of the two parties doesn’t become a victim of any fraud and ensures complete fair and safe exchange. An example of a platform that supports Atomic Swap is “Lighting Network”.

Read More.

« Back to Glossary Index

Check Also

etoro-review

eToro Review: A Guide To Trading On The Popular Platform

If you’re looking to invest in the stock market or cryptocurrency, eToro might be the …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.