TLDR; atomic swaps take longer and can have limited liquidity. Thorchain fixes this. Swapping two cryptocurrencies should be simple. Yet it involves multiple steps and can be complicated depending on the currency you want to swap. In case your coins are stored on a centralised exchange like Binance, then it’s really easy to swap, but on Binance you don’t hold custody of your coins (
How to swap cryptocurrencies
How to swap cryptocurrencies
How to swap cryptocurrencies
TLDR; atomic swaps take longer and can have limited liquidity. Thorchain fixes this. Swapping two cryptocurrencies should be simple. Yet it involves multiple steps and can be complicated depending on the currency you want to swap. In case your coins are stored on a centralised exchange like Binance, then it’s really easy to swap, but on Binance you don’t hold custody of your coins (