How to make Atomic Swap in Atomic Wallet

Atomic Wallet - Multi-currency Wallet with Decentralized Atomic Swap Exchange
The use of Atomic swap technology makes the management of cryptocurrency efficient, reliable and easier. This virtual e-wallet belongs to Atomic Wallet (atmoicwallet.io) and uses the same blockchain technology. Also, by its use, there is no involvement of the third party in process of exchanging the currencies between the two-party. For example: If you have a certain amount of BTC (Bitcoin), while the other user possesses an equal amount of ETH (Ethereum) then an atomic swap is a way to exchange the currencies in absence of the middle party.

The transaction functions in peer to peer connection, thus it is transparent, reliable and can be lightning fast. After all, life is always about saving our precious time. The Atomic Swap Work used by the Atomic Wallet uses two means : On-Chain and Off-chain. Thus these chain works by applying Hashed Time Lock arrangements (HTLCS). This concept is derived from BTC which uses Lightning Network.

Some of the basic features and benefits of Atomic Wallets are :

There are no limitations on the exchange, and it is easy and reliable. As it is a new system of exchange, there are hundreds of customers trading every day. Anyone can find their right amount as it is easy to locate another collaborator.

No fraud. The use of cross-chain technology makes the exchange reliable. The Atomic Wallet uses its own token called Atomic Pocketbook Coin (AWC). These tokens use the blocks which acts independently without an issue. The data are fixed and works according to the agreements. Also, this Atomic Wallet Token can be run on Ethereum block-chain with ERC-20.

Safety. Both the party has to agree on a certain deal before the transaction. This process of following a regulation helps to ensure the safety among the users.

Safe Ecosystem. Since each transaction is signed through a digital signature, it is sent to the blockchain. As soon as the transaction process takes place, the signature becomes committed which means the money will be transferred safely to another wallet. This entire process makes the Atomic Wallet safe place to use, exchange and store the user's cryptocurrency. The advanced security like multi-signature and authentication helps the eco-system grow towards the secure system.

How to make Atomic Swap in " Atomic Wallet "

How to exchange funds between blockchains without third-party risks?
https://medium.com/atomic-wallet/how-to-transfer-funds-between-blockchains-without-third-party-risks-f8eedc4b7fa8

Atomic Swaps is a new technology that makes it possible to exchange cryptocurrencies directly and without third parties. For example — you can exchange BTC to LTC with the fixed and small fee for any amount without centralization exchanges.

Financial aspects of Atomic Swaps
https://medium.com/atomic-wallet/financial-aspects-of-atomic-swap-f6e8e6e0bdb6

In this short Article you can see how easy you can perform Atomic Swap into Atomic Wallet.

There is two part:

Create your own Swap Order
Accept existing Swap Order

Create your own Swap Order
1.1. First of all, you should click the “Atomic Swap” tab at the left menu. There are three tabs from above: “Markets”, “Place order” and “My orders”.
1.2. You should click on the “Place order” tab, click at Ticker and choose the Coin that you wanna Swap
1.3. Use the arrow icon to change the trading pair. Then you have to set the amount that you want to exchange, set the trade rate and Place the order
1.4. Or you can specify variable values with “Advanced settings”, other people will be able to choose how much they want to exchange. Just set the min amount you want to exchange, then other people will set the amount between min and max that is possible. Click Place order
1.5. And also you can click on “Market price” checkbox to set the large/small price than the market price. You will be able to set the “Margin percent” to make your order more attractive to buyers. Then click Place order
1.6. After that, you’ll see your order in the “My orders” tab. You should wait until someone will start Atomic Swap with you
1.7. When someone will start Atomic Swap with you there’ll be request to you where you’ll have to enter the password of your Atomic Wallet and click on “Start Swap”

All the future proceed will perform Automatically and you just have to wait some time while there will be transactions confirmations at blockexplorer.

Accept existing Swap Order
2.1. When you have chosen the Trading pair you can see below all Orders that exist at this moment. Just choose one and click the SWAP button
2.2. Will open a window with Swap details, you need to enter the password of your Atomic Wallet, then send Swap request to the maker of this order and wait while maker confirms it
2.3. When the maker of this order confirm your request and start the Swap you’ll see the Swap process and details, there should be green all the checkboxes to complete
2.4. You can close previous window and return it back by click “Details” button, but you should be online and don’t leave out of your wallet to complete the Swap, because it proceeds by your personal device without any third party
2.5. When all the checkboxes will be green then Swap is complete and your deal is Successful
2.6. Now you can see the deal with “Success” marker in your orders
2.7. You can check it out in your Transaction history tab at the left menu. It takes some time while your assets will credited to your account
2.8. When funds will be credited to your account, you’ll see that your balances has changed

You can download Atomic Wallet here: https://atomicwallet.io

Atomic Wallet partners :

Furthermore, the consumers could deal with the transaction at any time. The token monetary system is regulated in international standard and the price advancement is clarified through the special charter. The Atomic Wallet is also a centralized system which protects the information of the user. The system ensures the safety of user data and protection from cyber attacks, IP penetration by the hackers and the fraudsters. The design of Atomic Wallet is in simplest form and users with any basic knowledge can work on it. The users do not require the additional ability and the time taken by the task are quick and reliable.

In conclusion, the other cryptocurrency exchange can be harmful to its users because they use central systems with centralized administration. Therefore, Atomic Wallets is recommended to the user which definitely saves the user from the modern cyber problem. The absence of the third-party in the transaction is also the greatest achievement, and the use of Atomic Wallet certainly has its own benefit among the users.

Do you wanna know about Atomic Wallet?

Website >>> https://atomicwallet.io/

White Paper >>> https://download.atomicwallet.io/atomicwallet-whitepaper.pdf

Twitter >>> https://twitter.com/atomicwallet

Facebook >>> https://www.facebook.com/atomicwallet

Telegram >>> https://t.me/atomicwallet

My forum username >>> Elena_che

Profile link >>> https://bitcointalk.org/index.php?action=profile;u=2037390

ETH >>> 0x43Fa282f35209f4aE6797fDae648375b626f5af2