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What is Atomic Swap?

Crypto Glossary Definition

The exchange of one cryptocurrency for another without the need for a trusted third party, such as an exchange. Atomic Swaps happens directly on the blockchain.

Why Atomic Swap Matters

Because atomic swaps happen directly wallet-to-wallet with no exchange involved, they either complete in full for both sides or don't happen at all — there's no scenario where one party pays and the other doesn't deliver, which removes counterparty risk entirely.

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