Atomic swaps are a technology that allows for the direct exchange of different cryptocurrencies between parties, without the need for a trusted third party or intermediary. This is achieved through the use of smart contracts that enforce the swap automatically once predefined conditions are met, ensuring a secure and trustless exchange process. Atomic swaps can be conducted between different blockchains, enhancing interoperability and liquidity in the crypto market. For a more detailed understanding of atomic swaps and their potential impact on cryptocurrency trading, check out this guide:
https://paybis.com/blog/glossary/what-are-atomic-swaps/ It offers a thorough breakdown of the technology and its benefits.