We are happy to announce that the Firo cryptocurrency (FIRO) has been integrated into BasicSwap and will be available for swapping as soon as its open beta goes live!
Stay tuned for the announcement of the BasicSwap open beta launch date later this week! 🚀
Easy Atomic Swaps Coming to Firo!
Starting as soon as Day 1 of BasicSwap’s open beta, you’ll be able to place and take Firo offers on BasicSwap’s distributed order book and swap the privacy coin in exchange for a range of other cryptocurrencies, including Bitcoin, Litecoin, Particl, and (soon) Monero.
All Firo swaps are powered by atomic swaps and require no third-party involvement, wrapped assets, or intermediary layers. Additionally, due to the DEX’s fee-less architecture, Firo swaps are free of charge, meaning you’ll only need to pay the regular Firo blockchain transaction fee and nothing extra.
- Learn more about BasicSwap: https://particl.news/basicswap-the-fully-private-cross-chain-dex/
Note: At this beta stage, FIRO cannot yet be swapped with Monero or “anon” Particl coins. We are working on a more extensive integration for non-Segwit coins which is expected to go live later during beta.
When is BasicSwap Going Live?
BasicSwap is currently undergoing its final closed beta testing round; a feature freeze has been put in place meaning that we are now exclusively focused on the launch. Stay tuned for the announcement of the release date within the next few days.
You can also subscribe to our newsletter to not miss the announcement of the launch date and stay up-to-date with anything Particl or BasicSwap!
FIRO is a cryptocurrency that puts a focus on privacy. As a result, users can make untraceable transactions and be free from corporate or governmental control. Firo researches and develops innovative privacy protocols and zero-knowledge cryptography. Notably, in 2021, the project introduced an improved transaction protocol called Lelantus and Lelantus Spark.
Learn more: https://www.firo.org/
BasicSwap is a cross-chain and privacy-first decentralized exchange (DEX) protocol and a trading app that allows you to swap one cryptocurrency for another without any middleman or third-party being involved.
It lets you make or take orders on a distributed order book, with no fees, and execute swaps that are private, unrestricted, and trustless.
BasicSwap fosters a safe and pro-freedom trading environment without central points of failure, providing healthier conditions for all.
Learn more: https://academy.particl.io/
Particl is an ecosystem of privacy-first decentralized applications built against the centralization of powers and services on the web.
United under the mission of shifting the balance of power from corporate monopolies back to the people, Particl contributors built a privacy-first and modular ecosystem of decentralized applications, complemented by a native privacy coin, to send and receive untraceable currency payments within smart contracts.
These dApps — alternative versions of some of the online services and products we use every day — are designed to operate in complete and total privacy and without intermediaries or restrictions.
Learn more: https://particl.io
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