BTC-XMR Atomic Swap Launches On Monero Network, First Group Of Suppliers Participate

The Bitcoin-Monero Atomic Swap launched on the Monero network in May, but the first atomic exchange provider has yet to emerge. According to a real tweet, the user Monero has become one of the first providers of the network. All Monero users can now trade using the Command Line Interface (CLI). The exchange charges a high rate of 20%, which is the same as the Bitcoin ATM rate. The community hopes to cut costs and more and more exchange providers are now appearing on the network. Atomic Swap allows users to exchange content in its entirety without the need of a third party. Monero is positioned as "Private Coin". Since most exchanges are medium, communities are very excited about atomic exchanges. Users must now use the command line interface to perform the exchange. The developers have promised to implement a graphical interface soon. (U. Today)