Cross-Chain Trading

Cross-chain trading refers to the ability to trade cryptocurrencies that belong to different blockchain networks. In traditional trading, cryptocurrencies are usually traded within their own blockchain network. However, cross-chain trading allows users to exchange different cryptocurrencies regardless of the blockchain they are built on.

This process requires interoperability between different blockchain networks, allowing assets to move seamlessly between them. This is made possible through technologies like atomic swaps, sidechains, or decentralized exchanges.

By enabling cross-chain trading, users have greater access to a variety of cryptocurrencies and can diversify their portfolio without being limited to a single blockchain network. This also promotes decentralization and reduces reliance on centralized exchanges for trading different cryptocurrencies.