Skip to content
what is crypto swap

What Is A Crypto Swap? Quick Guide

Swaps are an integral enhancement to the efficiency of cryptocurrencies. They enable users to exchange their assets with other coins, further reducing the risk of interference or censorship in conducting their financial transactions without fear of censorship.

The idea behind crypto swaps is simple: it enables the exchange of digital assets wherein two individuals trade identical amounts of money in different cryptocurrencies. 

privacy swaps

A Practical Introduction to Privacy-Focused Crypto Swaps

One of the most common misconceptions about cryptocurrencies is that they are completely anonymous and untraceable. 

While individual users aren’t personally identifiable, with privacy arising from wallet addresses since they act as a form of pseudonym, blockchains record all transactions under a single public ledger.