- Expanding BitPay Wallet Capabilities
- Benefits for Users and Developers
- Conclusion and Future Prospects
SwapKit.dev, a leader in cross-chain infrastructure, has integrated with BitPay, a Bitcoin and cryptocurrency payment processor. This integration allows BitPay Wallet users to directly swap a wider range of cryptocurrencies within their wallets.
Expanding BitPay Wallet Capabilities
The integration expands the BitPay Wallet's capabilities, enabling users to swap a wide array of cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, and Litecoin, as well as over 4,800 ERC-20 tokens. By utilizing liquidity from THORChain and other decentralized exchanges (DEXs), BitPay users gain unprecedented asset flexibility without the need to leave their wallets.
Benefits for Users and Developers
This partnership brings several key benefits, including expanded blockchain support, allowing BitPay Wallet users to access a wider variety of cryptocurrencies. SwapKit.dev's cross-chain DEX aggregator ensures seamless swaps between assets by automatically selecting the optimal route for competitive pricing and minimized transaction slippage. The integration also reduces the complexity of cross-chain transactions. By enabling swaps to be completed in a single transaction, the process becomes more efficient with fewer steps required from the user, ultimately lowering barriers to cryptocurrency adoption for payments, particularly for those new to cross-chain exchanges.
Conclusion and Future Prospects
In addition to user-facing benefits, developers gain access to SwapKit.dev's SDK and API, which offer tools for integrating cross-chain swap functionality into applications. The toolkit supports transactions involving Bitcoin and over 5,500 other crypto assets across more than 14 blockchains, broadening the range of services that can be built on top of the BitPay platform. The collaboration between SwapKit.dev and BitPay aligns with the ongoing mission to make cryptocurrency more accessible and usable in everyday transactions.
The integration between SwapKit.dev and BitPay enhances the capabilities of BitPay Wallet users and simplifies the process of cross-chain transactions, making cryptocurrency payments more convenient and accessible.
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