TAZ listed on Komodo Atomic DEX

Komodo Wallet: Your Gateway to Atomic Swaps

Komodo has been at the forefront of pioneering atomic swap technology, allowing users to seamlessly exchange cryptocurrencies directly between different blockchains without relying on intermediaries or centralized exchanges.

The Komodo Wallet stands out as a versatile multi-coin wallet, supporting a wide array of cryptocurrencies. It offers a secure platform for users to manage their digital assets, catering to both desktop and mobile users.

Swapping TAZ (TazToken) with other prominent cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Litecoin (LTC), and Komodo (KMD) typically involves utilizing a decentralized exchange or a platform supporting atomic swaps. With atomic swaps, users can engage in direct peer-to-peer exchanges without intermediaries.

Here’s a step-by-step guide on how to perform such swaps using the decentralized exchange provided by Komodo:

Prerequisites:

• Komodo Wallet: Ensure you have the Komodo Wallet installed, which can be downloaded from the official Komodo website.

Steps to Swap:

1. Open DEX: Launch the DEX application within the Komodo Wallet.
2. Select TAZ as Base Coin: Choose TAZ as your base coin, representing the cryptocurrency you want to swap.
3. Choose the Pair: Select the cryptocurrency you want to swap TAZ with (BTC, DOGE, LTC, KMD) as the pair.
4. Place Swap Order: Indicate the amount of TAZ you want to swap and set the desired exchange rate.
5. Wait for Match: Allow time for a matching order from another user looking to trade the selected cryptocurrency for TAZ.
6. Atomic Swap Execution: Once a matching order is found, the atomic swap process automatically executes the exchange.
7. Verify and Confirm: Review the details of the swap, and if everything looks correct, confirm the transaction.
8. Receive the Swapped Coins: Upon completion of the atomic swap, you’ll find the swapped cryptocurrency in your Komodo Wallet.

Important Considerations:

• Ensure a stable internet connection throughout the process.
• Be mindful of transaction fees associated with atomic swaps.
• Check the liquidity of trading pairs to ensure matching orders are available.

Explore the world of atomic swaps with Komodo and experience the freedom of direct, secure cryptocurrency exchanges on your terms!