You glance at the chat to catch it bustling. It’s been a favorite trading group for years, through the highs and lows, the thick and thin. You and your fellow admins have always carefully handled funds as escrow to make trading safe for the community you’ve built.
It’s not been without its share of scams. That time another admin walked away with a truckload of DAI, another time someone tried out a new escrow service that just stole their tokens outright never to be seen again. Sometimes you think there must be a better way.
Trustless escrow for modern traders
AirSwap is a network created by traders and technologists to remove the need to trust. Two of the most powerful features of Ethereum are smart contracts as tokens and smart contracts that swap these tokens in a transaction that succeeds or fails completely. This is the atomic swap.
Our team published the Swap Protocol whitepaper in 2017 and has been delivering products on it ever since. Today, we’re releasing AirSwap Trader, an important new building block of decentralized trade and the latest member of the AirSwap product family.
Decentralized trade is between two parties and a smart contract. No intermediaries means no fees, no deposits, no sign-ups, and no counterparty risk. Tokens never leave your wallet until they’ve successfully been swapped.
Price and quantity are set by one party — the maker — and either accepted or dismissed by another party — the taker. Both sides cryptographically sign the trade using their wallet, whether browser-based like MetaMask, web-based like Portis, or hardware like Ledger.
Fits your workflow
Chatting through a trade can happen anywhere. When you’ve agreed on price, just head over to AirSwap Trader to start the trade, plug in a wallet, set the details, and share the link. Connect your wallet and go, it’s that easy.
Every trade is directly between two wallets and only executed when both sides have agreed. Using AirSwap Trader, creating trades is just a few short clicks away and reviewing details is crystal clear.
Open source and ready to trade
AirSwap Trader is trustless, built on the Swap Protocol. The code itself is verified on Etherscan, where you can see exactly how your trade executes on Ethereum. Stay tuned for more open source developments coming soon.
Shareable with anyone
Even without a specific counterparty ready on the other side, you can just as easily create a trade and share the link publicly, with friendly social media previews that display the trade itself.
Even if you’ve created a new token, users can trade it. There is no listing process on AirSwap, as the tokens on the network are brought by traders themselves, with the exception of those that have been blacklisted.
Participating in the AirSwap network is intuitive, secure, and liquid, requiring no personal information, deposits, or trading fees. Trader is here as the “automated escrow” on which trading communities grow with confidence.
Check it out today at https://trader.airswap.io/
More about AirSwap
- Subscribe to the Fluidity Blog
- Request and upvote new features on AirSwap
- Catch up on AirSwap product updates
- Follow AirSwap on Facebook, Twitter, LinkedIn, Instagram, and YouTube
- Visit our AirSwap Developer Tools for the latest AirSwap tutorials, docs, and updates
- Join us on our Telegram and our Developers Discord
- Subscribe to AirSwap’s subreddit