What is Swap.Coffee? Get to know the DEX Aggregator on the TON Network

Bittime - Swap.Coffee enables secure and decentralized crypto OTC transactions using blockchain technology and smart contracts, offering users transparency, security and complete control.

What is Swap.Coffee? 

Swap.Coffee is a project that allows users to safely carry out OTC transactions using completely decentralized tools. Swap uses blockchain technology and smart contracts to provide security and transparency for fully decentralized transactions. 

The smart contracts used on the platform provide transactions with security and transparency, automatically fulfilling their terms if all conditions are met. Moreover, smart contracts are stored on the blockchain, which guarantees transparency and availability of historical transactions.

What is the Swap.Coffee Mission Like?

Swap.Coffee's mission is to create a safe, clear and efficient crypto asset transaction market. This market will allow users to exchange assets freely without interference from intermediaries and centralized stock markets. Swap.Coffee seeks to give users complete control over their transactions, allowing them to choose transaction terms, payment methods and how to receive assets.

Additionally, due to the decentralized nature of the platform, the aim of the project is to address the security and transparency issues of conventional centralized OTC market platforms. 

Another important task for Swap.Coffee is to provide an easy-to-understand user interface to interact with all the technologies provided by the program's set of tools, so that new users can use them. 

What about the Swap.Coffee Token Value?

The staking mechanism and limited token issuance provide Swap.Coffee token value. Swap.Coffee's automatic mechanism provides commissions for each transaction. Investors can maintain consistent income and keep the token value at the right level by paying a small amount of tokens every time a transaction is made on the Swap platform. These fees are used for smart contracts that distribute them depending on the quantitative share of the staking participants. 

Swap.Coffee OTC Solutions Marketplace

According to Tabb Group research conducted in 2018, OTC trading market volume at that time was three times higher than the exchange's trading market capacity. On this basis it can be assumed that by the time the exchange trading peak at $139,000,000,000 was reached on November 10, 2021, the OTC volume was around $300,000,000,000 which proves the importance of OTC solutions. There are currently no fully decentralized OTC solutions, but there are many centralized ones.

What kind of market challenges does Swap.Coffee face?

Swap.Coffee addresses the problem by providing safe and reliable OTC trading to users with the help of a completely decentralized approach. It ensures a user-friendly interface for carrying out transactions, guarantees the safekeeping of crypto assets, and implements fraud prevention mechanisms. 

In addition, the exchange ensures that there is no possibility of conflict situations, there is no need to resolve disputes between the parties. Additionally, Swap seeks to protect crypto assets from cyber attacks and make OTC crypto asset trading more attractive to end users.

Conclusion

Swap.Coffee is a creative project that uses blockchain technology and smart contracts to provide a decentralized OTC solution. Creating a safe, transparent and effective crypto asset transaction market without intermediaries is the goal. Limited staking and issuance mechanisms maintain the value of the token. Swap.Coffee has the opportunity to become a major player in the growing OTC market thanks to its user-friendly interface and focus on security.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.