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Published on Nov 26, 2021

AtomicDEX

Author: Rubin
#Glossary
icon-alt1 Min

AtomicDEX is a cryptocurrency wallet and decentralized exchange in one application available on desktop, mobile, and the web. It enables users to transfer, receive, and trade various currencies, including Bitcoin, Ethereum, and BNB, as well as ERC-20 and BEP-20 tokens. There is no need to download the whole blockchain using AtomicDEX.

One of the key characteristics of the AtomicDEX wallet is using a 24-word seed phrase, which must be kept secure or recalled by the user to recover cash in the case of a forgotten password. AtomicDEX's decentralized exchange employs peer-to-peer order books powered by atomic swaps to move bitcoin from one party to another without the involvement of a third-party middleman.

AtomicDEX is one of the ecosystem products made with the Komodo AtomicDEX API, an open-source platform that supports 99 percent of cryptocurrencies. DogeDEX and GleecDEX are two more products that leverage the Komodo AtomicDEX API.


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