Highlights
- THORSwap releases a landing website
- Users will have a better interface to trade
- Better trading speed
All you to know about THORSwap
Thorswap is a decentralized crypto-asset exchange with advanced technology. The exchange currently supports forty cryptocurrencies. It is believed that in the future, it will support more than a thousand crypto assets. Users will enjoy an unprecedented digital asset experience while trading on Thor. The trading speed is comparable to centralized exchanges, which means it will respond to users in milliseconds. THORSwap is the decentralized exchange of THORchain. THORChain combines several novel technologies to facilitate cross-chain token swaps, including on-way state pegs, a state machine, the Bifröst Signer Module, and a TSS protocol. This is all done behind the scenes, allowing even inexperienced traders to use the platform.
THORSwap’s Landing Website
Thorswap recently announced that it had launched a new landing website to carry out trades and easy user experience. This announcement was made 14th of October on its Twitter page.
THORSwap new landing website has been released 🥳https://t.co/7lljiydfjw pic.twitter.com/XduEXpP385
— THORSwap (🔱 ,🔱) (Hiring Devs) (@THORSwap) October 12, 2021
What To Expect From THORSwap In The Future: The Road Ahead
THORSwap now relies solely on THORChain liquidity. THORChain is exclusively meant to support short tail crypto assets, even though the number of supported blockchains is growing over time. THORSwap, the cross-chain DEX, is now ready to enter the next phase of its development, seeing it evolve into a DEX aggregator that will support long-tail assets across many blockchains Ethereum, Binance Smart Chain, Cosmos IBC, and Polygon.
This is just the start. THORSwap will incorporate the essential liquidity sources across many blockchains throughout its “expansion phase.” For example, when Cosmos is connected with THORChain, THORSwap will handle the most popular Cosmos-based liquidity providers such as Terraswap, Osmosis, and Kava.
THORSwap aspires to be a top-tier cross-chain aggregator, allowing traders and investors to instantly swap thousands of digital assets across several blockchains in a decentralized and non-custodial manner.
Why should you use THORSwap?
- Unlike centralized exchanges, decentralized exchanges are non-custodial
- Unlike other DEXes, you can seamlessly change between several blockchains
- Dedicated customer service team available 24 hours a day, seven days a week
- Access to all THORChain services at one place
The price of THORChain is currently at $7.74 according to Coin Market Cap, and it has a market cap of $2.39 billion.