Ordiswap dubbed the Bitcoin version of Uniswap, offers a fast, simple AMM for swapping BRC-20 tokens on Bitcoin’s Layer 1.
This partnership signifies a leap forward in making cryptocurrency trading more accessible and efficient for users worldwide.
Phantom Partners with Ordiswap for Easy Bitcoin Swaps
Ordiswap Labs stands out with its easy-to-use platform for swift BRC-20 token exchanges, similar to Ethereum’s ERC-20 tokens. But within the Bitcoin ecosystem. The integration with Phantom will boost functionality, using its advanced infrastructure to improve the trading experience.
Phantom is officially integrated with @OrdiswapLabs 🧡
You can think of Ordiswap like the Uniswap of Bitcoin. The AMM makes it easy and fast to swap BRC-20s directly on BTC L1—no need to sift through listings or wait for your order to be filled.
Try it out now with Phantom 🔄 pic.twitter.com/aSFJdOTsbe
— Phantom (@phantom) February 8, 2024
The primary advantage of using Ordiswap is the elimination of the traditional hassles associated with cryptocurrency trading. Users no longer need to navigate through extensive listings or endure the uncertainty of waiting for their orders to be filled. Ordiswap’s AMM model ensures liquidity is always available, enabling instant transactions at transparent and competitive rates. This immediacy and clarity are crucial for traders who need to act swiftly in the fast-paced crypto market.
More About Phantom
The JUP airdrop stands as one of the largest in history, setting unprecedented levels of network traffic that had never been witnessed before. At its peak, the traffic soared to 90,000 requests per second (RPS), tripling the volume seen during the $WEN airdrop.
More than 30% of eligible wallets have claimed their $JUP 🎉
If yours is one of them, and you want to swap, you can do so in Phantom.
If you still haven’t claimed, be sure to only visit official links from our banners or from @JupiterExchange to claim your tokens. https://t.co/VoYoqrttwL pic.twitter.com/tOeo6QTeZI
— Phantom (@phantom) January 31, 2024
This surge in demand could have easily overwhelmed many systems, yet, remarkably, Phantom managed to prevent any outages, ensuring that hundreds of thousands of participants could claim their well-deserved rewards without interruption.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.