- Glossary
- Atomic Swap
Atomic Swap
Atomic Swap is a transaction protocol that allows two different crypto assets to be exchanged with each other in a secure and decentralized manner.
Atomic Swap is a term used in the crypto market and refers to a technology that enables direct exchange between two different cryptocurrencies. This transaction is carried out in a decentralized manner and does not require an intermediary or third party. Atomic Swap transaction takes place between two different blockchain networks, and when the transaction is completed, either both parties receive the assets they want, or the transaction is reversed so that neither party loses the assets. In this way, safe, fast and direct asset exchange is ensured. Atomic Swaps are seen as a feature that increases the potential of cryptocurrencies and reduces dependence on centralized exchanges.