This article was first published on Metal Blog
We’re beyond excited to announce that, after months of hard work and development, Proton Swap is now officially live!
What is Proton Swap?
Proton Swap is a next-generation decentralized cryptocurrency exchange that facilitates automated trading between cryptocurrency tokens on the Proton blockchain through the use of smart contracts.
Due to the speed and flexibility of the Proton blockchain, users can enjoy instant and seamless transactions on Proton Swap without having to worry about paying gas or mining fees, like they’re forced to pay to transact on other blockchains.
Audited by PeckShield, an industry-leading blockchain security company, Proton Swap was found to be a secure and reliable decentralized exchange. We know that your cryptocurrency is valuable to you, which is why we’ve taken extra care to make Proton Swap an easy, safe, and valuable tool for your journey through DeFi.
Swapping your cryptocurrency on Proton Swap is the most rudimentary function of this platform. The swapping feature allows you to exchange one cryptocurrency for another with just the click of a button; simply connect your wallet, choose the swapping pairs, set the amounts, and you’re ready to make a swap.
All swaps on Proton Swap are done without the need to deposit your cryptocurrency in a centralized exchange. By interacting directly with your wallet, swapped crypto will be withdrawn and deposited directly, ensuring you maintain complete control over your cryptocurrency at all times.
Unlike other swapping tools in existence, Proton Swap stands out by offering record-breaking fast swaps and industry-low fees. Most swaps between Proton-wrapped assets happen instantaneously, and any fees charged are negligible at most. That means no hours-long transaction times, no eye-watering gas fees, and no reason to regret a swap.
How to swap on Proton Swap
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