SWAPS.NETWORK is an OTC Global Liquidity Pool. It accumulates all deals on the market and connects sellers and buyers from around the world. SWAPS.NETWORK provides fully decentralized OTC solutions. Users can make OTC deals without a 3rd party or escrow. *OTC stands for “over the counter,” meaning assets can be traded through a dealer network rather than over an exchange.
|Soft cap||3,000,000 USD|
|Token for sale||70,000,000 SWAP|
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|Website||Click Here For Visit ICO Homepage|
Exchanges not handle trading
Centralized exchanges are managed by a specific company or person who is focused on making a profit. Managing exchanges are responsible for protecting user data and information about trading, fully control the operation of the platform and independently make decisions that are important for the development of the project. Decentralized exchanges are managed with the involvement of platform participants in the process of making important decisions. Such platforms provide the technical possibility of direct interaction between the participants and use blockchain for storing and processing data.
The OTC platform is the solution to these difficulties – it is not just an intermediary. Such a service provides an opportunity to assign a transaction without attracting a third party, which may entail additional risks that should not be allowed when it comes to billions of dollars in crypto turnover. Service users will also be able to use direct payments for OTC transactions, without the need to use different wallet addresses. Eventually, large-amount OTC platforms will become an attractive tool for large investors, which are an interesting alternative for major clients who want to diversify their investments.
Sites for transactions without entering the order book can use SWAPS solution for improved secure and transparent trading. The exchanges can redirect their clients in an organized way to a bargain for a profitable transaction and take their percentage for it. A special feature is that it will be decentralized and secure. OTC companies can also use a more
advanced and convenient service that can be implemented directly to the site using the API protocol. The earners can sell a large number of coins of various cryptocurrencies accumulated by mining.
On the platform, two approaches are provided for implementation using smart contracts. With this approach, after specifying all the conditions of the transaction, a unique smart contract is generated that strictly complies with all the user’s requirements. Swaps are harder to track than a single smart contract which is used for all transactions. The process of creating a swap is easier for the user. No need to sign a transaction or install a wallet. The high cost of creation. Deployment of the contract in the network requires a lot of gas, the cost can reach $20.
Interactions with different currencies
Currently, the service is available for the Ethereum network only. This means that more than 100,000 tokens will be available for exchange. Including tokens such as BNB and ETHER. The next step is to develop a service TRON, EOS and NEO. Understanding that the volume of cross-blockchain exchanges is a significant proportion, the SWAPS. Network team plans to implement this type of exchange. To date, a number of projects have made progress in swaps between various blockchains. The following projects can distinguished: Atomic Wallet, Tokrex Capital.
The external services that use SWAPS.NETWORK include crypto wallets (current services integrated into wallets have significant restrictions on the volume of exchange), broker companies, OTC sections of exchanges and exchange services (in the event of a large amount of exchange). For external services, an API will be developed (based on the REST API) for creating a transaction or participating in it. An external service admin panel will be developed to track transactions. To pay all the commissions, the SWAPS token will be used.
Vladimir Tikhomirov CEO, founder
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