Switcheo Launches Cross-Chain Atomic Swaps on EOS and NEO

Jack Yeu
Jack Yeu
Jun 19, 2019 · 2 min read
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Today, we are pleased to announce the launch of Atomic Swap between the EOS and NEO blockchains!

Switcheo users are now able to make cross-chain swaps between EOS and NEO, making Switcheo the first decentralized exchange to allow cross-chain trades between these two blockchains.

“The newly launched EOS/NEO market will allow users to trade seamlessly between all three markets currently supported by Switcheo. It functions similarly to the NEO/ETH market, which has become one of our most popular trading pairs.”

— John Wong, VP of Engineering, Switcheo Network

EOS and NEO are both blockchains with fast transaction speeds, so Atomic Swaps between these two blockchains can be settled rapidly.

Switcheo also provides an algorithmic market maker as the counterparty for users, allowing for constant liquidity and market driven pricing.

To develop the EOS implementation of the Atomic Swap, Switcheo is working closely with Obolus.

“Technically it is very difficult to communicate between two blockchains. Switcheo has not only achieved that in a secure way, but also made it simple for users to move assets easily, by implementing time-locked smart contracts that run on both the EOS and NEO blockchains.”

— Colin B., CTO, Obolus

Check out the newly launched EOS/NEO market today!

To find out more about atomic swaps, click here.

A step-by-step instruction guide for new users can be found here.


For more information on Switcheo:

Jack Yeu

Written by

Jack Yeu

Co Founder, Switcheo Network

Switcheo

Switcheo

Switcheo builds platforms that break new ground. We bring you finance without limits, for lives without limits. Whether you’re a battle-weary trader or are just making your first purchase, there’s nothing cryptic about crypto on Switcheo.

Jack Yeu

Written by

Jack Yeu

Co Founder, Switcheo Network

Switcheo

Switcheo

Switcheo builds platforms that break new ground. We bring you finance without limits, for lives without limits. Whether you’re a battle-weary trader or are just making your first purchase, there’s nothing cryptic about crypto on Switcheo.

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