![](https://steemitimages.com/DQmcxDAPWkmxDCZ7YNWCu1BsqQGA2mMW87XtMMXyFcJSTSf/image.png)
> Image from [Medium article](https://blog.altcoin.io/for-cryptocurrency-trading-to-flourish-we-need-a-truly-decentralized-exchange-6f2401e20323)



Altcoin.io is a decentralized cryptocurrency exchange being built around atomic swaps. The most recent update brought some new token support, wallet creation and backup, and atomic swap ! They also added the ability to test out the atomic swap functionality using testnet tokens.

While they say they added "dozens" of new tokens I can only see 17 (I enjoyed the fact that Substratum made the cut. ;] ). I tried out the coin swapping feature, since it's still in beta I had to create 2 separate wallets to manually swap coins between. With both wallets open the entire swap did take a few minutes, but it was overall very smooth and will be even smoother in future updates.

![](https://steemitimages.com/DQmPQQ1f7TCdK6H44ixFCL859KhRgEkxN6fSZtnT1kFVuDv/image.png)
> If you would like to try it you will need testnet coins. You can get some test Bitcoin [here](https://testnet.manu.backend.hamburg/faucet), or some test Ethereum [here](https://www.rinkeby.io/#faucet).

### Upcoming

Planned for the coming month(s) are more token additions, auto order matching & order book, a formal bug bounty to increase security, and the live mainnet launch. Their title of "What’s coming up over the next month?" tells me that the timeline of a month is hopeful, but some of these features _may_ take a little longer.

That being said, I am really excited for the auto order matching. Without this the swapping feature cannot scale. People wouldn't adopt it if they had to start a swap and then post to a forum or messageboard asking for someone to complete the other half of the swap.

I will definitely be watching the progress of [Altcoin.io](http://www.altcoin.io?kid=KHDK6), and will definitely use it when it's released.

- [Atomic Swap Wallet Beta Release](https://blog.altcoin.io/atomic-swap-wallet-beta-release-b6e3eef55842)
- [Altcoin.io](http://www.altcoin.io?kid=KHDK6)
- [Altcoin wallet beta](https://swap.altcoin.io/wallet)