This article was first published on Komodo
As we prepare for the December 2020 AtomicDEX Stress Test Event, it’s a good time to learn more about our latest release — AtomicDEX v0.3 Initial Beta.
1. Wallet and Atomic Swap DEX - 100% Non-Custodial Combo
AtomicDEX is an all-in-one non-custodial wallet and decentralized exchange. Many DEXs in the blockchain space today aren’t genuinely non-custodial since user funds placed in liquidity pools are constantly exposed to impermanent loss, rugpulls, and vampire attacks. AtomicDEX, in contrast, avoids these issues by using decentralized P2P order books. You always control your own private keys, so you are the only one who can access your coins.
Want to HODL Bitcoin (BTC) and Ethereum (ETH)? You can do that with AtomicDEX. Want to use atomic swap technology to trade BTC for ETH, or vice versa, cross-chain without having to put your trust in proxy tokens or a custodian? You can do that with AtomicDEX.
Even more importantly, AtomicDEX continues to expand native support to additional blockchain networks, with compatibility for 99% of cryptocurrencies in existence. AtomicDEX v0.3 introduced the ERC-20 Token InstaList Feature — a straightforward process to add, store, and trade custom ERC-20 tokens through the GUI. The Liquidity Pool Multiplier, also introduced in AtomicDEX Initial Beta v0.3, gives you the flexibility to place an unlimited number of limit orders against any number of assets at any number of price levels.
2. Komodo Is DeFi With No Gas
Can’t be bothered by gas fees? As you can see on this page, gas fees are skyrocketing on many ERC-20 DEXs or Ethereum-based DeFi protocols. AtomicDEX doesn’t run on gas fees. Users only need to pay gas when trading assets from networks that require gas themselves.
If you wanted to trade Litecoin (LTC) for Dash (DASH), or vice ...
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