AI & Machine Learning

Deposit-address swaps, explained: how a cross-chain swap works without connecting a wallet

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Deposit-address swaps offer a cross-chain exchange method that bypasses direct wallet connections, enhancing security by eliminating approval and signing risks associated with smart contract interactions. In this model, users send assets to a generated deposit address, and the service handles the trade execution and payout to a specified address. This approach minimizes counterparty trust and signing risk but introduces custody window and address error risks, making it a pragmatic alternative for users with funds on exchanges or when integrating programmatically.

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