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At the moment SWAP tokens are not trading anywhere but on swap.online. And we avoid giving any predictions about its price. Although, as a reference, the contributors who help the development of the project and receive the reward in SWAP tokens generally evaluate 1 SWAP token at the price of $1. Therefore, they calculate the amount of compensation for their work considering that 1 SWAP = 1 USD.
In the memory of your Device
No, you don't need to pass KYC in order to trade on SwapOnline platform!
For now it's BTC-ETH, BTC-ERC-20 tokens. We plan to add EOS and other popular cryptocurrencies in the nearest time!
Nope, but you should pay miners for confirmation of transaction.
Usually, it's 100-150k. But the price of Gas depends on network load!
It's equivalent of 20 USD in BTC or ETH. The larger the sum of trade, the more profitable for you!
If there is a “non final” error, try to send the transaction again in an hour
For refunds from other blockchains send the message “My swap is broken!!!” to our Telegram group https://t.me/swaponline
"Swap.Online DEP" (Decentralized exchange protocol) is a protocol for cross-blockchain exchange of cryptocurrency directly between users.
Simply put, this is when Alice and Bob exchange Ether and Bitcoin among themselves without the involvement of a third party.
The exchange is implemented in such a way that the funds do not pass through a centralized gateway, as in the case with traditional stocks. This excludes the possibility of hacking the central gateway and stealing users' assets.
The protocol is based on the Atomic Swap technology.
Most likely x works with only one blockchain (eg 0x, etherdelda, bitshares ...) or it is not launched yet.
Testnet is working, minenet – only balances
If you are a programmer, you can see the tests immediately
Replenishment of a smart contract is possible not only with internal balance, but also with a direct transfer. So the user can keep the money out of the application and transfer it only during the exchange (for example, moving it from another exchange). Moreover, we will use arbitration
Most of the exchanges are written in Go, C, and we write our stock entirely in JS, that means that users will not have to download and install binary files. At the same time, no data passes through our server.
Just text to firstname.lastname@example.org or directly to t.me/sashanoxon
We use Lightning as well, then we add an orderbook and a reputation system. I.e. we get more complex and easy, quick blockchains exchanges oriented product. In addition, Lightning requires link opening, and we make an onchain, so the money can be used immediately, unlike Lightning where you still need to close the link.
We’re focused on only safe swaps (for example, btc- ERC20)
The majority uses gateways that accept currency and issue unsecured tokens instead (for example BTC > dexBTC), which can be already traded inside another blockchain, there is no guarantee that gateways will exchange the tokens back.
You don’t have to keep the volume/asset over here
A fraud is impossible due to technology because HTLC implies that the exchange is either done according to certain rules or not. The maximum damage is possible if one of the parties does not confirm the transaction, in this case the money can be frozen, but not lost. The amount of necessary reputation is dictated by the market, from a certain point the flood is not beneficial to the attacker.