Swap flow
Swap aggregator
A swap aggregator routes each order to whichever liquidity provider offers the best executable rate at that moment.
Aggregation improves rates and uptime but means the deposit is ultimately processed by a third party whose compliance rules apply.
On Swap.bz
Swap.bz routes through several liquidity partners; the fee you see (0.5% or 1%) is Swap.bz’s, network fees are separate.
Related terms
Instant exchange
An instant exchange converts one crypto into another in a single order — quote, deposit, receive — without an order book or account.
Liquidity provider
A liquidity provider is the counterparty that actually supplies the destination asset for a swap.
AML (Anti-Money Laundering)
AML screening is the automated analysis of a deposit’s on-chain history to detect links to sanctioned addresses, hacks, mixers or other high-risk sources.
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