SwapKit.dev, a provider of cross-chain infrastructure solutions, has announced its upcoming integration with BitPay, the leading Bitcoin and cryptocurrency payment processor. This integration will allow BitPay users to access a wider range of digital assets and leverage SwapKit to facilitate seamless in-wallet exchange of diverse cryptocurrencies via THORChain.
Keaton Freeman, SwapKit’s Partnership Director, expressed excitement about the partnership, stating that it will empower businesses of all sizes to tap into the potential of crypto payments and enhance the user experience for both merchants and customers.
The launch of the SwapKit-BitPay integration is set for August 22, 2024, and will offer significant benefits for businesses, including expanded blockchain support, ERC-20 asset support, reduced friction in transactions, and an enhanced user experience.
Through SwapKit’s advanced cross-chain DEX aggregator, BitPay users will be able to swap seamlessly between over 4,800 long-tail assets on Ethereum via liquidity on THORChain, Uniswap, Sushiswap, and 1inch. This partnership marks a milestone in SwapKit’s mission to advance the crypto industry by providing innovative solutions for businesses and protocols.
Bill Zielke, BitPay’s Chief Marketing Officer, highlighted the increased asset flexibility and choice that this partnership will bring to BitPay Wallet users, ensuring 100% self-custody and competitive swaps across multiple networks and coins.
With SwapKit’s toolkit, BitPay users can now execute cross-chain swaps using thousands of coins, always getting the most competitive rate. This capability can be accessed through the BitPay Wallet app or other self-custody wallets on BitPay.com.
To learn more about how SwapKit can simplify crypto payments, visit their website at https://swapkit.dev/.
About SwapKit:
SwapKit provides a user-friendly API + SDK that simplifies THORChain integration, allowing dApps to achieve multi-chain functionality with ease. With robust wallet connectivity and DEX aggregation capabilities, SwapKit enables seamless swaps among over 5,500 crypto assets across 14 blockchains in a single transaction.
About BitPay:
BitPay, founded in 2011, is a pioneer in blockchain payment processing, offering business solutions to eliminate fraud chargebacks, reduce payment processing costs, and enable borderless payments in cryptocurrency. The BitPay Wallet provides consumers with a complete digital asset management solution.
