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AirSwap Review 2023 - Is It Safe?

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Country: USA
Launched: 2018
Volume: $ 5,540.0
Pairs: 2
Mobile app: iOS, Android
Grade points: 0.00
Expert Review
May 29, 2020

AirSwap is a decentralized exchange (DEX) that operates on the Ethereum blockchain. Launched in 2017, AirSwap was designed to be user-friendly, highly secure, and accessible to everyone. AirSwap aims to provide a peer-to-peer trading experience that allows users to exchange tokens without the need for an intermediary.

Trading on AirSwap

AirSwap enables users to trade tokens through a peer-to-peer network of nodes. The exchange's trading protocol is based on a unique system of smart contracts that allow users to trade tokens without the need for an order book. Instead, AirSwap uses a system of indexed tokens that enable users to locate buyers and sellers for any given token.
Trading on AirSwap is simple and user-friendly. Users can search for any token they wish to trade and see a list of available buyers and sellers for that token. Once a buyer and seller have agreed on a price, the trade is executed via a smart contract, which ensures that the transaction is secure and transparent.

Security

Security is a major concern for any exchange, and AirSwap takes security very seriously. The exchange uses a system of smart contracts to execute trades, which helps to prevent fraud and hacking attempts. Additionally, AirSwap does not hold any user funds or private keys, which means that users have complete control over their assets.
AirSwap also offers a range of security features to help users protect their accounts. These include two-factor authentication, email verification, and the ability to view and revoke active sessions. Overall, AirSwap's security measures make it a highly secure and trustworthy platform for trading tokens.

Fees

AirSwap does not charge any trading fees for users. Instead, the exchange generates revenue by charging a fee to liquidity providers who supply tokens to the network. This means that users can trade tokens on AirSwap without incurring any additional costs, which makes the platform highly competitive compared to other exchanges.

Token Support

AirSwap supports a wide range of tokens, including ERC-20 tokens, as well as other tokens that operate on the Ethereum blockchain. This makes the exchange highly versatile and accessible to users who want to trade a variety of tokens.

AirSwap Token (AST)

AirSwap has its own native token, AST, which is used to power the exchange. AST can be used to signal the value of tokens on the platform and to access features such as search rankings, trading analytics, and API access. Users can also stake AST to become a member of the AirSwap Indexer network, which enables them to earn rewards for providing liquidity to the platform.
Overall, AirSwap is a highly accessible, user-friendly, and secure decentralized exchange that offers a range of features to users. Its unique system of indexed tokens and smart contracts make it an innovative platform for trading tokens, and its commitment to security and low fees make it an attractive choice for traders of all levels. With the support of a wide range of tokens and the benefits of the AST token, AirSwap has the potential to become a leading DEX in the decentralized finance (DeFi) space.

Our Score
Functionality 4 / 5
Reputation 4 / 5
Security 4 / 5
Support 4 / 5
Fees 4 / 5
Our Score
4.0 / 5
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User reviews
Aperol 11 July 2020
5.0

Fee deposits make sense, I think. I'm looking forward to see the app.

Tom Riddle 21 October 2019
5.0

AirSwap has no trading fees and is ridiculously easy to use. I trade tokens OTC fairly often, and their new Trader product lets you trade any token you want, with no fees.

Morello 6 October 2019
5.0

I like the big choice of the assets, they are all active and I can use any of them, The interface is very convenient, everything’s at hand. Good exchange.

Mauro 5 October 2019
5.0

I like the design of the website, It looks fresh and cool. I’ve made a couple transactions here and they finished without any issues. That’s good, I’m gonna use the platform. I’m using it without any complaints.

Till 3 October 2019
4.0

A small exchange with the anonymous trading possibilities. As they say, not great not terrible. You can’t find a good volume or magnificent trading tools. But it gives stable tradings with no fee. In the world of a fake exchanges this platform is a good choice.

Country: USA
Launched: 2018
Volume: $ 5,540.0
Pairs: 2
Mobile app: iOS, Android
Grade points: 0.00
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