Apollo’s Atomic Swaps: What is It?

by Marvin Dumont

An atomic swap is smart-contract technology that enables the exchange of different cryptocurrencies without the need for intermediaries or third parties. The trade of one crypto for another is possible even if they are running on different blockchain networks.

Atomic swaps are:

  • Secure as traders don’t have to use their private keys
  • Resistant to fraud

Moreover, users don’t need a centralized exchange, which decreases transaction costs.

Apollo’s Decentralized Exchange (DEX) protects Apollonauts’ privacy and data when trading and transferring funds. Trades will be done via atomic swaps.

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