If you’re looking for a decentralized cryptocurrency exchange, go no further than Atomex Exchange (https://atomex.me/). This exchange was built on the foundational technology of atomic swap. The atomic swap was the inspiration for this trade’s name. On this exchange, the trader may participate in cross-chain transactions without involving a third party. Cryptocurrencies may be traded freely between users because of the widespread availability of Blockchains. The inclusion of more pennies is unnecessary.
If operations on different blockchains were decentralized, it could be simpler for cryptocurrency traders to breathe. Due to the fact that it has characteristics of both centralized and decentralized systems, it has the potential to be an excellent alternative to the conventional exchanges that are now in use.
The order book for Atomex and the liquidity providers themselves are located in separate buildings. Even if the order may be managed centrally, the actual carrying out of the order is handled independently of any other body. The execution of an atomic swap results in the transfer of funds from wallets into either smart contracts or Hash Time locked contracts.
Atomex Exchange Functions and Features
There are a number of aspects that differentiate the Atomex Exchange from other cryptocurrency marketplaces. These aspects include:
- When utilizing your account, you have full control over all the money in your wallets and the transactions that take place. Private keys protect everything, and you’re the only one who has access to them. Since atomic swaps are employed in every single exchange, the system’s integrity can’t be compromised in any way.
- Hiding Your Identity There is no need to sign up to use this exchange or the wallet right now. But keep in mind that your IP address is being checked together with the addresses of every other device you use. You must remember this. This is done to maintain the security of the exchange and make sure no illegal activity is taking place there.
- Since the funds are already yours, we won’t make you pay anything more to add them or take them out. The only fee shops have to pay is the miner’s cut. Additional charges, such as those for processing a transaction, may be avoided. It applies equally to simple and complex deals involving several chains.
- Wallet providers and market makers may take use of the exchange’s Websocket application programming interfaces (APIs). You need to add the same information for your own objectives.
- Suppliers of Funds: The person with whom you will engage in trade is more than just another buyer or seller; he is also a “market maker” who facilitates trade by providing liquidity to buyers and sellers. This is how the Atomex Exchange works.
- You may stake your Tezos tokens on the Atomex Exchange to get some additional cash. You can increase your bitcoin earnings by doing this. Tezos currencies were created only by this trading platform.
Atomex Exchange Fees and Limitations
The costs are almost nonexistent due to the fact that the sole cost involved with using this exchange is the payment of the miners’ commission. Depositing and withdrawing any amount of currency, tokens, or coins will not result in any fees being charged to your account.
Currency pairs were allowed on the Atomex Exchange:
- Bitcoin
- Ethereum
- Tezos
- Litecoin
- USDT
- tzBTC
- wbBTC
- tBTC
Pros of Atomex
- Wallet that integrates with an internal exchange
- Accepts a wide variety of digital currency
- There are no extra fees
- Extraordinary safety
- A deterministic hierarchy
- Open-source