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17 August 2022

Updated: 20 October 2022

AtomicDEX High-Level Overview


AtomicDEX High-Level Overview

Table of contents

AtomicDEX is a cryptocurrency dApp that includes a non-custodial wallet, cross-chain/cross-protocol decentralized exchange, and a cross-chain/cross-protocol bridge. AtomicDEX users store cryptocurrencies in their own wallets and make cross-chain swaps while always controlling their private keys.

1) Non-Custodial Wallet

The AtomicDEX wallet is non-custodial. This means each user has full control of their own digital assets. We never store any sensitive data, including your seed phrase or private key for any other cryptocurrencies. This data is only stored on the user’s device and never leaves it.

2) Cross-Chain/Cross-Protocol Decentralized Exchange

AtomicDEX supports native crypto trading across blockchains thanks to atomic swap technology. Most other decentralized exchanges limit trading to a single blockchain network or use proxy tokens. In contrast, AtomicDEX users can trade native BTC for native ETH, or vice versa, without needing to trust a third party.

3) Cross-Chain/Cross-Protocol Bridge

AtomicDEX allows users to trade assets natively at a 1:1 ratio, minus blockchain network fees and platform fees. For example, a user may transfer a portion of USD Coin (USDC) from the Avalanche blockchain to BNB Chain. This flexibility enables users to access various applications that might exist on one blockchain but not on another.