Decentralized marketplace Particl introduces native ‘BasicSwap’ DEX

BasicSwap will provide the Particl ecosystem with an independent, autonomous, and private way to swap, buy, and sell the native currency of the platform (PART) for as many other cryptocurrencies as possible...

Decentralized marketplace Particl introduces native 'BasicSwap' DEX

Particl, a blockchain platform offering users a gateway into an independent and autonomous economy, announced that it soon will launch and expand its ecosystem with a new vital dApp – BasicSwap.

BasicSwap is a cross-chain and private decentralized exchange (DEX) protocol that allows users to swap one crypto for another without any middleman or third party being involved. It lets users make or take orders on a distributed order book and execute swaps that are safe, trustless, and unrestricted.

The DEX is powered by atomic swap technology and the SMSG network (Particl’s own P2P network, which also powers its marketplace dApp).

“It’s vital to be able to acquire, sell or trade the platform’s native currency in an independent, safe, fast, and decentralized way. That’s precisely what the BasicSwap DEX enables, but it doesn’t stop at just buying and selling PART.”
– The Particl Team

Available Features Include:

Initially, the available and compatible coins on the DEX will include, Bitcoin, Monero, Litecoin, Namecoin, and the native Particl (PART) token.

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