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Paybis Male • United States of America

The Paybis article on atomic swaps explains that they are a method of exchanging cryptocurrencies directly between two parties without the need for an intermediary or centralized exchange. Instead of relying on a third party to hold funds during the transaction, atomic swaps use smart contracts to ensure that both sides of the trade are executed simultaneously, or not at all. This “all-or-nothing” mechanism helps prevent fraud and reduces counterparty risk.
https://paybis.com/blog/glossary/what-are-atomic-swaps/
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