Introduction to SwipSwap: Not just another swap

in #chainlink3 years ago (edited)

SwipSwap
SwipSwap

Short version: You can exchange coins, tokens, not restricted to the same blockchain, a DEX with the versatility of a CEX, and much more.

Detailed version:
With a team of two other talented developers, we created dexcrows in the 2020 chainlink hackathon. It became a multiple category winner. The excitement of the application of chainlink oracle became evident, so eltneg and I decided to forge ahead in creating a more robust solution that will help solve some issues that currently plagues cryptocurrency communities such as: "Are we getting delisted"?
"Where can I buy/sell"? "My money isn't safe on that exchange"?

In his article published earlier today, eltneg describes Satoshi's dream as the most important financial revolution of the last decade and specifically, that money should change hands at the sole discretion of its owner(s). SwipSwap is built on this philosophy by allowing users to exchange their cryptocurrencies irrespective of their location around the globe.

Our concept is simple, create a universally usable application where users can buy and sellers can list their coins in exchange for a different type of coin or token. If cryptocurrency is money, SwipSwap is its decentralized global exchange.

SwipSwap is powered by smart contracts. For example, a user may want to swap their ETH for BTC or BNB for QZTPR. The idea is if the token/asset you want to receive has a publicly available blockchain explorer and someone wants it, it can be SwipSwapped.

Relying on chainlink oracles, we safeguard the crypto community traders and holders by providing a trusted exchange for their coins, tokens, and other digital assets. Developers and entrepreneurs can now focus on developing and improving their solutions.

As with other genuine businesses, SwipSwap generates its revenue from facilitating the exchange of token using a reasonable flat transaction fee.

Whether you are new to crypto or an old-timer, we feature resources to educate you on the questions you might have. We are currently in the beta testing stage and are excited to get users' opinions on this product while working on improvements toward the launch on mainnets coming soon.

SwipSwap is available on Ethereum and Binance (BSC) blockchains with a quick follow to add support for more blockchains.

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