BitPay: SwapKit Integration Spotlight 🤝

SwapKit is an all-in-one SDK solution for native cross-chain trading, DEX aggregation, yield, lending services, wallet integration, analytics tools, and more. Armed with the full-featured SwapKit API/SDK tech-stack, builders across Web3 can develop truly multi-chain dApps and products.

Today, we are pleased to announce that BitPay, a leading global cryptocurrency payment service provider, has integrated the SwapKit SDK, bringing THORChain swaps and DEX aggregation to its users. This integration marks a significant step forward in providing seamless, decentralized trading capabilities directly within the BitPay platform.

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About BitPay, a True Crypto Pioneer

Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet, BitPay Card, and Bill Pay.

“By leveraging SwapKit’s cross-chain capabilities, BitPay Wallet users gain access to competitive swaps across multiple networks and thousands of coins. This partnership unlocks more asset flexibility and choice while ensuring 100% self-custody. We’re thrilled to provide this expanded capability.”

– Bill Zielke, Chief Marketing Officer, BitPay

Learn more and experience SwapKit Powered swaps on the BitPay app.

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What Does This Integration Mean for BitPay Users?

With the integration of SwapKit, BitPay users can now access THORChain’s powerful cross-chain swap functionality, enabling decentralized, trustless swaps between native assets across multiple blockchains. This means users can swap assets like Bitcoin, Ethereum, Bitcoin Cash, Dogecoin and Litecoin directly within the BitPay app, without the need for intermediaries or centralized exchanges.

In addition to THORChain swaps, BitPay users will benefit from enhanced liquidity through DEX aggregation. SwapKit’s DEX aggregator sources liquidity from multiple decentralized exchanges on Ethereum, ensuring that users get the best possible rates on their trades.

Key Features of the Integration:

• Cross-Chain Swaps: Effortlessly swap native assets across multiple blockchains without leaving the BitPay app.
• DEX Aggregation: Enjoy the best available rates through SwapKit’s DEX aggregation, which pulls liquidity from various decentralized exchanges.
• Seamless User Experience: BitPay’s integration of SwapKit SDK ensures that these advanced trading features are accessible directly from your BitPay wallet, providing a smooth and intuitive user experience.

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SwapKit: Seamless Access to Best-in-class Cross-Chain Swaps

SwapKit provides a comprehensive SDK that simplifies the integration of cross-chain swaps, offering unparalleled flexibility and efficiency. By providing a unified interface for interacting with THORChain’s protocol, SwapKit simplifies the integration process for projects like BitPay, allowing them to tap into THORChain’s robust liquidity pools and trustless cross-chain technology with minimal friction.

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Experience it in action

Using cross-chain swaps on BitPay is simple:

Step 1: Get the app
Download the BitPay app from your preferred app store. Already have the BitPay app? Skip this part.

Step 2: Tap “Swap”
From the app home screen, tap the “Swap” icon.

Step 3: Choose your swap pair
Select the wallet containing the assets you’d like to swap and the asset you’d like to swap it for. Then enter how much of the asset you’d like to swap.

Step 4: Review and confirm your swap
Choose the THORSwap offer presented, review the swap details, then confirm the transaction. Your new assets will be delivered to your self-custody wallet.

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Looking ahead

The integration of SwapKit SDK into BitPay marks a major milestone in the ongoing adoption of decentralized finance. By offering THORChain swaps and DEX aggregation, BitPay is providing its users with a powerful, decentralized trading experience that is both secure and easy to use.

We invite BitPay users to explore these new features and take full advantage of the expanded capabilities now available within the app. As always, thank you for your continued support, and stay tuned for more exciting updates.

To start exploring the new THORChain swap options on BitPay, download the BitPay app.

To learn more about SwapKit and how to integrate, visit our documentation at docs.swapkit.dev.

Stay tuned for more updates as we continue to push the boundaries of what’s possible in the world of decentralized finance together!

We invite other projects and teams to experience the transformative power of SwapKit. SwapKit offers a composable, user-friendly API+SDK that makes integrating cross-chain functionality easy- empowering any dApp to go multi-chain in less than 100 lines of code.

SwapKit comes with the benefits of streamlined affiliate fees, improved quotes & gas pricing, robust wallet connectivity, and DEX aggregation enabling swaps between 5,500+ crypto assets across 14 blockchains in a single transaction.

Powering leading protocols such as THORSwap, KeepKey, Onekey and more, SwapKit abstracts the complexity of integrating THORChain services with a battle-tested infrastructure for cost-effective, enterprise-level performance.

Integrate our SDK to access state-of-the-art cross-chain technology, expand your trading operations, and drive significant volume and growth. SwapKit is more than a tool; it’s a gateway to the future of decentralized finance, offering a path to innovate, excel, and lead in the ever-evolving DeFi landscape.