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Partic, a blockchain platform, provides users with access to independence and Autonomous economy, Announced that it will soon launch and expand its ecosystem through a new important dApp-BasicSwap.
BasicSwap is a cross-chain and private decentralized exchange (DEX) protocol that allows users to exchange one cryptocurrency for another cryptocurrency without any intermediary or third party involvement. It allows users to place or accept orders in a distributed order book, and perform safe, trustless and unrestricted swaps.
DEX consists of atomic swap technology and SMS network (Particl’s own P2P network also provides support for its market dApp).
“The ability to acquire, sell or trade the local currency of the platform in an independent, safe, fast and decentralized manner is essential. This is exactly what BasicSwap DEX can achieve, but it is not limited to buying and selling PART.”
– Particle Team
Available features include:
- Real Monero support
- No account, registration or KYC
- Incredibly low and competitive fees
- User-friendly interface
- There is no third party, intermediary or middleman at any time
- Taproot compatible
- Lightning Network Compatible (will appear in a later version)
Initially, the tokens available and compatible on the DEX will include Bitcoin, Monero, Litecoin, Namecoin and local Particl (PART) tokens.
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