AirSwap is a decentralized exchange (DEX) built on the Ethereum blockchain and offers its users peer-to-peer token trading. AST (AirSwap Token) used on this platform follows the ERC20 token standard and gives its users the right to perform secure transactions without any third-party intervention. Founded in 2017 by Michael Oved, Sam Tabar and Don Mosites, AirSwap has become a segment of a rapidly growing cryptocurrency ecosystem. As Kriptokoin.com, in this article, we will examine what AST Coin is, its advantages, how it works and price predictions.
Key Features of AirSwap
AirSwap keeps its users’ assets safe by offering decentralized wallet access. This feature allows users to store their assets in their own wallets, thus protecting against hacking incidents that centralized exchanges are exposed to. Additionally, the AirSwap platform prevents process manipulation called front running by allowing users to match without sharing trading information. This enables users to trade in a confidential form and negotiate in a more secure environment.
Another important feature offered by AirSwap is the AirSwap Indexer. This acts as a search engine where users can search for counterparty information. With the information obtained through Indexer, users can privately contact counterparties and trade. In addition, AirSwap Oracle Protocol allows its users to make price discovery by providing real-time market data.
What is AST Coin and How Does It Work?
AST is a token designed for professional market makers, also known as liquidity providers. Market makers own a cryptocurrency that they want to exchange for another cryptocurrency at a reasonable rate and within a reasonable timeframe. This process requires the ownership of 100 AST tokens and locking these tokens for seven days. AST tokens allow users to indicate their intention to trade, thus making it possible to trade with liquidity providers.
While liquidity providers buy and sell tokens at the prices they determine, liquidity buyers accept these prices and carry out trade. Liquidity buyers pay no price when trading even if they do not own the AST token. This makes trading on AirSwap’s decentralized exchange attractive.
AST Coin Price Prediction
AST coin is currently trading at $0.1008 in the market. As the growth and adoption of the AirSwap platform increases, the value of the AST token may also increase. The increasing popularity of decentralized exchanges and the tendency of users to use more reliable trading techniques may positively affect the value of AST coin. In addition, the limited supply of AST tokens and the innovations brought by the platform support the potential for price increase.
By the end of 2024, AST coin is expected to reach $0.15 – $0.20. These assumptions are directly proportional to the general situation of the cryptocurrency market and the expansion of the user base of the AirSwap platform. However, the volatile nature of cryptocurrency markets should be taken into consideration and investment decisions should be made accordingly.
The Future of AirSwap
AirSwap has established itself in the decentralized exchange space and is expected to be adopted by more users in the future. The support of famous crypto investors such as Mike Novogratz and Joseph Lubin increases the reliability of the platform and enables it to reach a wider audience. In addition, the low process costs and safe trading environment offered by the platform will continue to attract the attention of users.
As a result, AirSwap and AST coin play an important role in the decentralized finance (DeFi) ecosystem. The innovative features and security measures provided by the platform increase users’ interest in decentralized trading and make AST coin have the potential to increase its price even further in the future.