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Two-way Swap - Detailed guide Platform
APIS
12.24.2018


We applied our distinctive technology, Two-way swap using APIS platform(https://apis.mn/) to lessen the difficulties and confusion in existing coin’s mainnet switching process.

We can solve problems of snapshot and token transfer restriction after genesis block creation with Two-way swap system.

Supporters can complete token swap simply without writing an extra smart contract or snapshot through APIS platform.



[Mainnet Switch of the exsiting coin]
Private Wallet users had to send tokens following the swap guide or send them to an assigned exchange before mainnet and then had to go through deposit/withdrawal hold and snapshot, not being able to use a mainnet service.

[APIS Two-way swap system]
Through APIS, you can use deposit/withdrawal service of exchange regardless of the mainnet switch and can start using mainnet service right after the swap through APIS platform so it is much easier than former ways of other coins.

What is Two-way swap system?

Do not confuse [ERC-20 APIS Token] with [APIS Mainnet Coin / APIS] for the Two-way swap! [ERC-20 APIS Token] and [APIS Mainnet Coin / APIS] are each token and coin and totally separated.

Users can change [ERC-20 APIS Token] to [APIS Mainnet Coin / APIS], the mainnet coin or vice versa when they need, with Two-way swap system.

Please refer to the image below about the difference between [ERC-20 APIS Token] and [APIS Mainnet Coin / APIS].



[ERC-20 APIS Token]
ERC-20 APIS Token is an Ethereum based token which is available both on Ethereum based Wallets and exchanges but it won’t be available on APIS Core or other APIS Wallets.

[APIS Mainnet Coin / APIS]
APIS Coin is a mainnet coin and available on APIS core & other APIS Wallets but it won’t be available on Ethereum based Wallets.

But users can deposit both [ERC-20 APIS Token] and [APIS Mainnet Coin / APIS] to APIS platform(https://apis.mn/).
Two-way swap can be executed only through APIS platform(https://apis.mn/).



※Please note※

  1. Two-way swap can be executed only through APIS platform(https://apis.mn/).

  2. You are responsible for the loss caused by executing Two-way swap other than on APIS platform or mistakes regarding deposit/withdrawal.

  3. DO NOT transfer [ERC-20 APIS Token] directly from an exchange to [APIS Mainnet Coin / APIS] wallets or vice versa.




※NOTE; precautions

  1. Two-way swap can be executed only through APIS platform(https://apis.mn/).

  2. You should use APIS platform for Two-way swap and there is no other method.

  3. Make sure you chose the right option for your purpose between [ERC-20 APIS Token] // [APIS Mainnet Coin / APIS].

  4. DO NOT send [ERC-20 APIS Token] to APIS Core and [APIS Mainnet Coin / APIS] Wallets from exchanges or Ethereum based Wallets directly. (Do Two-way swap first on APIS platform.)

  5. DO NOT send [ERC-20 APIS Token] to exchanges or Ethereum based Wallets from PIS Core and [APIS Mainnet Coin / APIS] Wallets directly.

  6. Check the [ERC-20 APIS Token] // [APIS Mainnet Coin / APIS] option while P2P trading.

  7. You are responsible for any loss caused the carelessness regarding [ERC-20 APIS Token] // [APIS Mainnet Coin / APIS] transfer.

  8. APIS team is not responsible for any loss caused by carelessness or trying to do Two-way swap different way from we guided




Thank you for your love and support. We APIS team will try our best to lead the commercialization of Blockchain technology.

For Korean and Japanese announcement, click the link below.

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