Monero Bidirectional Atomic Swaps are Live on BasicSwap DEX | A Quick Demo of How to Use Them
Channel: Particl
Date: 2023-08-12

BasicSwap is a privacy-first, decentralized and cross-chain trading exchange that charges no fee at all, complete with a fully distributed order book. It has a number of coins available including Bitcoin, Monero, Particl, PIVX, Firo, Litecoin, and Dash.

In this demo, we showcase BasicSwap's groundbreaking update enabling bidirectional Monero atomic swaps by placing an offer requesting Bitcoin for Monero on the order book. You can find more information about why this update is such a big deal by reading our blog post on the topic at this link: https://particl.news/bidirectional-part-anon-and-xmr-atomic-swaps-now-live-on-basicswap-dex/

00:00 Introduction
00:50 Take note of current balances
01:31 Place a new offer (XMR to BTC)
04:31 Accept new bid on your offer
05:03 Initiate the XMR to BTC swap
06:53 Verify your new balances once the swap completes
07:18 Conclusion

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BasicSwap DEX Website: https://BasicSwapDEX.com/ 
BasicSwap DEX Blog: https://particl.news/tag/basicswap/
Particl Academy: https://academy.particl.io/

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Audio Track Notice

Copyright Notice:
© Enrico Bozzato, 2021 

License Notice:
This work is licensed under the Attribution-NonCommercial-NoDerivs 3.0 Unported (CC BY-NC-ND 3.0) license.

Attribution Notice:
"Hantica" by Air Protection Office from the album "Air Protection Office" is licensed under the Attribution-NonCommercial-NoDerivs 3.0 Unported (CC BY-NC-ND 3.0) license. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc-nd/3.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.