Swap CryptoCurrency | |
| Title: | Swap CryptoCurrency |
| URL: | https://atomiic.io/ |
| Description: | Atomiic only entered the marketplace last year, but has captured a significant share of the market already. The fact that it enables purchases to be made with credit card is a useful feature that’s unusual to see with crypto-swapping services. The platform enforces AML/KYC: if a transaction is marked as suspicious, the exchange is paused and the customer is asked to confirm their identity. Otherwise, Changenow doesn’t require any sort of registration. There’s no limit on the maximum amount that can be exchanged and more than 170 coins can be converted, from BTC and ETH to BCH, LTC and more niche altcoins. All transactions take under 15 minutes to complete, and a fee of 0.5% is incorporated into the exchange rate you pay. Projects who want to start working or port their token to a new blockchain can also use this opportunity as a funding mechanism. One typical way to do that is to inflate the coin/token supply of the new blockchain and set a portion of it to be given to swappers who include a Bitcoin (or any prefered cryptocurrency) contribution into their swap. For example, a project could offer a 1:1 coin swap to its users and also offer the possibility for people to add a set percentage of the total value of their coins in Bitcoin. In exchange for for the contribution, the user receives a bonus in coins from the new blockchain. The Bitcoin contribution is what constitutes the funding the team gets from the swapping process. |
