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Background

In traditional trading, the order book can work automatically to provide suitable offers. However, this systematics runs centrally which allows orders to be made, executed or canceled. The solution to overcome this basic problem is to present a decentralized order book.

However, using an order book in blockchain technology is not that easy. There are many obstacles that will occur, such as the cost is quite expensive. Even to run matching algorithms will be subject to high fees. It can also be said that the blockchain order book will work very difficult to run on the token ecosystem.

Efforts to minimize these problems are by presenting a peer-to-peer trading system. This trading system runs on fair transactions. Transactions occur between people or businesses, each party knows and decides on the choice with whom they will transact.

Peer-to-peer orders occur based on the interests of each individual to bid. All transactions will be adjusted to the request of the party concerned. The parties concerned will be able to negotiate privately without being known by the public.

The size of the price will be determined by agreement. So, if an offer can be made with many individuals, it allows you to reach a price that exceeds the stock price though. Open peer-to-peer solutions are the key to the revolution to determine the direction of more innovative asset exchanges.

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Introduce AirSwap.io

AirSwap.io is a peer-to-peer exchange platform that supports trading for Ethereum tokens. In its development this platform has adopted several protocols such as the Swap protocol, Peer Protocol, Indexing Protocol, and Oracle Protocol.

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Swap Protocol

The Swap Protocol is a protocol that facilitates a peer-to-peer ecosystem to blockchain Ethereum trading tokens.

Peer Protocol

This protocol allows trading orders to be negotiated quickly, fairly and privately. The party involved in this transaction is the maker and taker. The maker is the party that provides the order and the taker is the party who will fill the order.

Indexing Protocol

The indexer is an Off-Chain service that serves the interest to trade. This will allow makers and takers to match their counterparts to transact based on their intentions. This protocol will involve interaction between maker, taker and indexer. Each maker independently determines their intentions. Whereas Takeers have the right to find makers who are interested.

Oracle Protocol

This protocol will provide pricing information to makers and takers. The maker can ask oracle to determine the reasonable price to be offered to the taker. This applies also to the party taking. Oracle works to send reasonable price information to offer to makers and takers. This of course will help the makers and takers to carry out negotiating actions.

In the end the AirSwap.io platform provides a decentralized trading system without restrictions. Use of great protocols on the platform to provide services that are faster, more convenient, fair, safe, and honest to stakeholders. In addition, the protocol also allows you to trade without the need to create / have an account.

To trade you will be integrated with 4 types of Ethereum wallets supported by the platform. Trading can be started by pressing the "trade" feature found on the platform screen.

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AirSwap Team

AirSwap founders are Don Mosites and Michael Oved, they are students at Carnegie Mellon University.

After completing education, Don Mosites became an entrepreneur and designer who designed products at Zynga and Google.

Whereas Oved was a very successful algorithm algorithm trader before launching AirSwap.

After that, they also have a great team called Sam Tabar. He is the former head of capital strategy at Bank of America Merrill Lynch. At least he has worked for more than 15 years in finance. He is a graduate of Oxford Law School and Columbia Law School.

AirSwap has a number of great people who will be the basic foundation for generating project quality and quantity.

AirSwap (AST) Tokens

In October 2017, AirSwap raised around $ 33 million. At ICO, the price of the AST token is valued at $ 0.30. All the time, the highest price of AST occurred in January 2018 which was around $ 2.08. At present the price of AST is $ 0.063466 and is ranked 352 based on the coinmarketcap on July 2, 2019 at 23:33 GMT + 7.

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Save AST in a Compatible Wallet

AST is a token based on an intelligent contract ethereum blockchain. You can save in a wallet that supports ERC20. But I advise you to save it in a wallet that can be integrated directly into the AirSwap.io website.

There are four types of wallets supported by the platform including MetaMask, Ledger, Equal and Portis. You can trade AST on AirSwap.io or choose to trade on other platforms like Binance. Binance provides the AST / BTC, AST / ETH pair at the price of $ 0.062125 at 23:45 GMT + 7.

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How the AST Token Works

AST is used as a provider of liquidity for exchange. The AST Token can also be used to create a market for altcoins. The maker will determine the number of bids that are willing to be paid and determine the amount they will receive.

To find these features and services, you must risk 250 AST and lock them for seven days. On AirSwap anyone can become a market maker to provide liquidity.

The party mentioned above is called the name of the maker. While on the other hand there are also party takers. The taker is the party who buys the altcoin that is registered by the maker.

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Information on Details and Transactions without Fees

Formatting provides historical information that occurs on the exchange. The taker can find all the makers on the platform, get price information, place an order, offer up to an agreement to make a transaction.

Transactions can be made interface that is convenient to buy / sell. Takers who contribute to the platform are not charged the slightest fee to pay for every transaction made. Everything is free!

Conclusion

The great technological capabilities that have been adopted on this platform are the key to the success of platform development. Great protocols are used to give the impact of decentralized peer-to-peer trade that is safe, comfortable, fair and honest. The ups and downs of the AST token share will have a broad impact on the future development of the project. The idea of ​​trade will soon be carried out to increase the price of AST on the market. This token will soon have good potential when the AirSwap platform has become a major attraction for stakeholders to get great and free services. I urge you to start trading ERC-20 tokens on the AirSwap.io platform because they are free to use.

Resource & More Information

• Website
• Whitepaper
• Blog
• Twitter
• Facebook

DISCLAIMER
This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.