Technological advancement has had its evident influence on every aspect of life. Life has partially transferred into a virtual world. Thanks to sophisticated technology, trading, advertisement, and other aspects of life have been developing faster. Even banking and many transactions are conducted via online platforms on the Internet. This ever-increasing development has created a high demand to create online money. The competition among many online currencies has resulted in the creation of hundreds of cryptocurrencies. XLM, Swap, and BTC are examples of successful cryptocurrencies. If you are interested in exchanging Swap, XLM to BTC, or completing other exchanges, you are recommended to get to know each of them better.
What is SWAP?
PanCakeSwapis was founded in 2020 and is considered one of the most successful cryptocurrencies in the market. It is considered a phenomenon thanks to the features that it offers. The platform aims to provide a stress-free environment for the users. The founders of the platform are still unknown. The native token of the platform is Cake, which may be used on many platforms. SWAP is also known as an automated market maker. In other words, there are no limits to marketing. Recently it has gone through various alternations which aimed to make the platform much more accessible for the users.
What is BTC?
Bitcoin was founded in 2009. It is shortly known as BTC. Many developers and investors use this digital value to make investments. Like other cryptocurrencies, BTC is also based on blockchain technology. Each transaction makes up a single block, which is visible to everyone. However, personal details are not being accessible to third parties. BTC has gone through many ups and downs; however, it continues to be a leading cryptocurrency in the market. Moreover, its success encourages the creation of many other cryptocurrencies.
What is XLM?
XLM, or Stellar Lumens, is another leading cryptocurrency in the market. Like the currencies mentioned above, it is also based on blockchain technology. Stellar Development Foundation developed it. It provides low-fee, effective, and fast services to make transactions. Its cryptocurrency is known as lumen. Within the last five years, this digital value has increased its market cap reaching up to $1 billion. According to the Codex review, XLM has over 22.5 billion coins in circulation. In the beginning, the foundation had over 100 billion lumens. Unfortunately, almost half of that supply was burned in 2019. Since coin burns are deemed controversial, many decentralized systems try to protect themselves from them, considering them as a way of manipulation.
How to do SWAP, XLM to BTC exchange?
. If you have decided to make exchanges between SWAP, XLM, or BTC coins, you need to follow some simple steps.
- Choose the most reliable online aggregator platform.
- Create your online wallet.
- Charge the wallet with the cryptocurrency.
- Choose the currencies of the exchange.
- Follow the suggested subsequent steps to complete the action.