Atomic Swaps Are Live Between Monero And Bitcoin Cash

By Cryptopeach | Public Thoughts | 21 Apr 2025


Decentralization is the highest pillar that supports cryptocurrencies, without it cryptocurrencies are nothing more than a normal asset that doesn't bring any change to the current financial system.

Atomic swaps are peer to peer swaps that are completely decentralized and anonymous. Using this protocol two users can connect to each other anonymous and trade their assets with each other.

Now it's possible to do atomic swaps between Bitcoin Cash and Monero. Monero is the default currency for privacy and decentralization and now Monero developers included Bitcoin Cash in this decentralized trading system. Users can find other users to exchange their Bitcoin Cash for Monero and vice versa. The system as already been live for exchanges between Bitcoin, Ethereum to and from Monero, now Bitcoin Cash joins the group of enabled currencies.

Although the order book is still very empty, because the feature is still very new, in time the order book may become full of exchanges to do.

The thing that worries users the most about this is getting tainted coins, coins that are flagged by authorithies for being used is some type of crime. Although someone might not have committed a crime they can still have their assets frozen if they send tainted coins to a centralized exchange. That's the danger when atomic swapping Monero to Bitcoin Cash, getting tainted Bitcoin Cash. The other way around there's no problem as Monero is completly private and transactions can't be traced, making Monero coins impossible to taint.

Atomic swaps are a huge step forward in terms of decentralization, in a world full of KYC products these swaps bring privacy and control to its users. Atomic swaps are a breeze of fresh air in a world where KYC already dominates.

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Cryptopeach
Cryptopeach

Crypto enthusiast.


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