Atomic Swap

Trade Across Multiple Blockchains

Trade crypto assets through a P2P mechanism across multiple blockchain ecosystems.
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Trading Crypto

About Atomic Swap

Atomic swap or atomic cross-chain swap is a protocol that allows trading crypto assets in a peer-to-peer manner across different blockchain networks.

The protocol uses a smart contract that enforces the conditions of the transaction. It utilizes a two-way virtual safe function (HTLC – Hashed Time Lock Contract) to ensure that both parties fulfill their sides of the transaction at a predetermined time.

It is dubbed to be one of the futures of blockchain technology that provides convenience and flexible trading in a single transaction, eliminating third-party entities.

Benefits of Atomic Swap

Trading Flexibility

Riverex allows users to trade over 1,100 coins and tokens across six different blockchains: Ethereum, Binance, Fantom, MoonBeam, Polygon, and Tron, with others to be updated.

Increased Security

It employs a Hashlock and Timelock protocol to guarantee traders of getting their funds back in case of delays, as their funds are locked in a smart contract until either party withdraws or refunds the transaction.

Affordable Fees

With atomic swap, traders can exchange cryptocurrencies directly on a single transaction, avoiding the fees when converting different assets to trade in multiple networks.

Frequently Asked Questions

It’s a peer-to-peer exchange of cryptocurrencies between different blockchain networks without the intervention of a middleman.

Riverex supports six blockchains – Ethereum, Binance, Fantom, MoonBeam, Polygon, and Tron. More networks will be added soon.
A step-by-step tutorial of atomic swap has been listed to help you start executing your atomic swap transaction in Riverex.
Riverex charges a 0.03% transaction fee for an atomic swap transaction.