Swaps.Network operates as a decentralized OTC service. It connects buyers and sellers from across the world and essentially operates as a Global Liquidity Pool and a decentralized tool for exchanging digital assets. Users can use the service to conduct OTC sales, without the need for any third-party involvement.

SWAP is the network’s native cryptocurrency and is an ERC20 token type. SWAP functions as a utility token for the network. The token has a hard cap of 100 million of which 50% of distributed tokens are planned to be burnt. The SWAP token IEO took place in July of 2019. It raised $1,505,000.

What are SWAPS Network’s key features and how does it work?

As mentioned, the main service that Swap.Network provides is an OTC service. The platform uses a B2B model. It provides an exchange service and also creates a liquidity pool for all exchanges that are connected. It has a database that collects. Any token pair can be exchanged on the platform with no limit on volume.

The platform allows users to choose their own rate, and custom token pairings, including multiple exchanging multiple tokens. As well as facilitating private deals, and deals with multiple participants.

What is noteworthy about Swaps.Network?

Users can receive a trading fee discount if using the SWAP token. Holders of SWAP will also receive benefits.