Waiting For The Spring: Swap.online February Dev Update

SwapOnline Team
SwapOnline
Published in
3 min readMar 7, 2019

Have a look on the progress of our AI productivity, trading performance, UI and find out who became the first B2B-user of Swap.online exchange widget. Our CTO Alex Bykhun will tell you a story about our last achievements.

Swap.Button: First Commercial User

Those who follow the process of Swap.online products’ market adoption know that we are partners of Saturn.Black — cutting-edge product for OTC-trading and crypto asset liquidity provider. Saturn.Black team now is conducting tokensale of Saturn tokens (ERC-20: XSAT). And it’s a first start-up to install our exchange widget. So, they are collecting money with 0 % fee in decentralized manner via direct link: https://saturn.black/exchange/ .

First tokensale with Swap.online exchange widget

That’s one more proof of Swap.online developability and flexibility.

Trading Performance

While working on trading solutions of Swap.online, we have only one aim: it should be easier to finalize swap via our exchange than to fail it. To reach this goal, we developed some useful functions:

  • now the taker of liquidity can pay the Ethereum gas fee for the whole swap in case of maker’s funds insufficiency;
  • also, the Swap.online can refund the gas in case of emergency. This option is prevented from the fraud with multiple refund requests, but we do take care of our clients’ comfort;
  • the multiple parallel swaps are now allowed for one user. As you know, it’s only one Swap.online tab can be opened in one browser due to the issues with users’ safety. By the way, the maker of liquidity can now initiate multiple swaps at the same time. The taker of liquidity, otherwise, can take only one offer.
  • finally, the user can fill his balance during the procedure of swap in case of need. That’s how it looks like:
Refill your balance and finalize the swap, don’t lose your partner.

Moreover, we upgraded the possibilities of our trading bot. Now, in premium version, the history of operations is available. The user of this version also can see, how much did he earn by launching our bot. So, the Swap.online premium bot is a must-have for the profitable automated trading.

User Interface

We have fixed some bugs in the interface of Swap.online. E.g., the information about errors is redesigned to let the trader have full and updated information on the status of his trades. Also, we reviewed the tips for traders: now, the information about high gas fee is shown. We made it to prevent the user from unprofitable deals.

In the immediate future we will continue our work on partial swaps. We will enable the ‘stop’ function to let the user cancel the swap he is no more interested in.

See you in March!

Best regards,

Swap.online team

Swap.Online Essential Links

Website: https://testnet.swap.online
GitHub: https://github.com/swaponline
Email: team@swap.online
Telegram: https://t.me/swaponline
Facebook: https://www.facebook.com/Swaponline
Twitter: https://twitter.com/SwapOnlineTeam
Wiki: https://wiki.swap.online/
Bitcointalk: https://bitcointalk.org/index.php?topic=4636633

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