Swap.Online, a cryptocurrency wallet with atomic swap exchange built-in, announced today the launch of infrastructure that will enable the users of DEEX to use bitcoin for decentralized crypto trading.
DEEX is a user-friendly trading solution featuring various sets of trading pairs and powerful trading toolkit. Yet, it was impossible to find bitcoin pairs there: only related substitutions based on BitShares. The holders of bitcoin were not able to trade directly, only through some intermediate tokens.
Introducing JavaScript instruments for blockchain, the developers of Swap.Online created a widget allowing users to deposit bitcoin even on proxy-token IOU services. DEEX will be the first commercial experience of this use-case. Every user of bitcoin (not bitBTC, GDEXBTC etc.) now will be able to make and take orders and to trade directly from his or her bitcoin wallet.
Use of the widget will be free for traders with zero trading fee. Moreover, no additional downloads or installations are required. Due to the decentralized nature of atomic swap technology, trades can be performed through ordinary trading on DEEX — but with bitcoin.
“We treat this collaboration as one more step in B2B-implementation of atomic swaps infrastructure by Swap.Online. Our widgets are useful for every project interested in the cross-chain interaction, with no regard to the nature of the project.”