Switcheo Launches Cross-Chain Atomic Swaps on Ethereum and NEO

Jack Yeu
Jack Yeu
Apr 25, 2019 · 2 min read
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The new Switcheo Atomic Swap interface

”A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says Ivan Poon, CEO of Switcheo. “With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.”

Atomic Swap technology has been around for a few years now, but has not yet been widely adopted because the process to complete a swap is usually troublesome.

“We spent a large portion of development time simplifying the process for users.” says John Wong, VP of Engineering. “By combining Atomic Swaps with an algorithmic market making backend, we are able to provide consistent liquidity in a trustless and speedy fashion, regardless of users’ knowledge level.’’

To find out more about atomic swaps, click here.



Switcheo

We go forward.

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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