DeFi Exchanges

Liquality: Cross-Chain Atomic Swaps

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Liquality claims it creates solutions for a more open and impartial future, where anybody can have access to the global digital economy in a free, secure, and efficient way. Their website states contributors allow the platform by building tools and solutions for accessible and productive liquidity networks. 

The project offers the most secure means to exchange Cryptocurrencies, with counterparty uncertainty and fees significantly lessened by adopting atomic swaps. The builders consider it as the primary measure towards developing a value administrative system that supports shared, accessible, and efficient liquidity networks.

When it comes to Atomic swaps, it is all about a tool that facilitates trade between two parties who don’t identify or trust each other to trade without a trusted third party. With Smart Contract escrows, the atomic swap is assured to execute successfully or reimburse the parties involved. 

By rejecting intermediaries, atomic swaps advance traders more comprehensive protection, privacy, and cost-savings. The Smart Contracts employed in the Liquality’s atomic swaps are user-owned-and-deployed. The project administrators under no circumstance can include middlemen fees, control your transaction, or initiate a kill switch, similar to other DEXes.

The Liquality wallet is the leading multi-chain browser extension wallet, making it the most comfortable way to swap Crypto across Blockchains. Conveniently, it can send, receive and swap Bitcoin, Ethereum and ERC-20 tokens while preserving complete control of your assets.

Feature of Liquality

No account sign-ups, deposits, “utility” tokens, wrapped tokens, or other complicated setup requirements. And they do not add any fees to your trades.  With cross-chain, you can trade Bitcoin and Ethereum-based tokens like ETH, DAI, USDC, USDT, and WBTC. All these functionalities come with trustless security and support Ledger and Metamask wallets. 

The Liquality atomic swaps support direct and risk-free trade with partners, eradicating the necessity for expensive exchange services that are games for hackers. It is the tech that works with transaction permissions from wallets that you control and have access to the assets you place in a trade.

With the belief that the exchange of value is a universal human right, the team thinks the base layer for exchange should remain open, impartial, and censorship-resistant, not monetized by irrelevant intermediaries. Liquality will deliver rewards by giving users useful products and value-add services that sit on top of the base layer of the exchange, leading everyone closer to shared, accessible, and efficient liquidity networks.

How To Swap On Liquality

The first thing to do is to choose the trading pairs, if you are satisfied with it, then press the “get a quote” button to keep the exchange rate for your swap. The next step is to link your wallet to the platform, remember the system supports Ledger and Metamask. 

Since it is a non-custodial wallet and accordingly, individuals control their funds, Atomic swaps maximize security and limit exposure to hacks and theft by excluding third parties from the process. If there are no assets in your wallet, then you have to make sure there is some for trading before you deploy.

The liquality atomic swaps are such that the trade will successfully execute, then you receive your requested coins/tokens, or you get reimbursement when conditions are not met. The bot can’t make your payment before it sends the coins requested.

There is a maximum of six hours to complete every trade. For claiming of coins, the requirement is utilizing your wallet to approve the transaction.

Join Liquality Community

Community is everything when it comes to Cryptocurrencies. It is factors like this that will determine the success of the project. 

It is also a means to interact, learn and network with members and the project team. To be successful in a community, one must familiarize with it and assist with community engagement.

Liquality is on various platforms like where you can join them to learn and interact with others. Go here:

To check the source code, go to the Github, and you can ascertain all the codes and make all the technical suggestions.

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