THORSwap Strengthens Liquidity with $BCH Cross-Chain Support

Source: CryptoNewsNet Original Title: THORSwap Strengthens Liquidity with $BCH Cross-Chain Support Original Link: https://cryptonews.net/news/blockchain/32291284/ THORSwap, a renowned decentralized exchange (DEX), has unveiled a new cross-chain integration through the L1 blockchain NEAR Protocol. Specifically, THORSwap is extending the cross-chain trading network by integrating Bitcoin Cash ($BCH) via NEAR Intents, the abstraction layer of NEAR Protocol. As per the official announcement, the upgrade provides complete Bitcoin Cash ($BCH) swap support. Hence, this reaffirms the platform’s status as a prominent decentralized alternative to legacy centralized exchanges.

THORSwap Increases Multi-Chain Reach for $BCH via NEAR Intents

With the latest support for Bitcoin Cash ($BCH) through NEAR Intents, THORSwap is providing users with native $BCH swaps across diverse blockchain ecosystems. The development also underscores the platform’s robust potential on SwapKit technology for powering its widening interoperability features and liquidity. The well-known supported chains include Avalanche, Litecoin, Dogecoin, TRON, NEAR Protocol, Zcash, XRP, BNB Chain, Solana, and Bitcoin. With the new swap functionality, THORSwap is solidifying its position as a key liquidity layer in the multi-chain economy.

Strengthening Non-Custodial Security and Transparency to Increase Adoption

According to the announcement, the $BCH support also signifies a contrast to centrally controlled exchanges, which require custody of consumer funds and pose greater security risks. THORSwap brings a non-custodial mechanism, continuing to attract traders looking for autonomy and transparency. As users increasingly demand cross-chain interoperability in the swiftly evolving crypto sector, THORSwap’s broadening list of compatible networks elevates its position in the decentralized liquidity landscape.