Liquality Atomic Swaps: An Alternative To Instant Exchanges
Instant exchanges like Changelly, ShapeShift, and LocalBitcoins offer users convenience when swapping crypto across different blockchains. Their minimal sign-up requirements and relatively simple user experience make crypto exchange accessible to the masses.
Unfortunately, these types of exchange services often — knowingly or unknowingly — make false claims and put users’ funds at risk. Our goal for this article is to educate users on the real costs of using these services, including:
- Having to trust the exchange to do the right thing
- Privacy and data protection issues of PII
- Hidden and additional fees
We then explain how Liquality atomic swaps are the most economical, private, and secure alternative to these services.
