Swapin Interview: CryptoYou, the Cross-Chain Swapper with Deep Liquidity and No Slippage

Today we are meeting with Cedric Maloux, the co-founder of CryptoYou, a revolutionary cross-chain hybrid exchange that combines the security of web3 wallets with the liquidity from DEXs and CEXs for large cross-chain swaps.

Can you explain the core concept of CryptoYou and how it solves the problem of cross-chain swaps?

CryptoYou is a cross-chain swap platform that allows users to perform swaps directly from their own wallets, without the need for intermediaries. This eliminates many of the risks associated with other types of exchange platforms. The primary problem we solve is the issue of compatibility between different blockchains. In the past, if someone wanted to swap a token from one blockchain for a token on a different blockchain, it was a complex and costly process. CryptoYou facilitates these swaps directly, securely, and with minimal fees.

What unique challenges did you face in building a platform that facilitates cross-chain swaps, and how did you overcome them?

Building a platform like CryptoYou presented numerous challenges, particularly because we were navigating largely uncharted territory. The technology for cross-chain swaps is still relatively new and evolving. Ensuring security was a major concern. We invested heavily in creating a secure environment that still offered the flexibility and freedom for our users to control their own assets. Additionally, guaranteeing sufficient liquidity for a wide range of tokens and reducing slippage were other significant challenges. We have addressed these issues by integrating with multiple liquidity sources and utilizing intelligent cross-chain routing to optimize swap paths.

CryptoYou emphasizes its security features and self-custodial wallets. Can you elaborate on how these features work and their importance to users?

Security is of paramount importance in the crypto world. In CryptoYou, we employ self-custodial wallets to ensure that users have complete control over their private keys and hence, their funds. This means that instead of transferring their assets to a third-party wallet, users can execute trades directly from their own wallets. This significantly reduces the risk of hacks and theft. 

By building on the Yanda protocol, we have successfully bridged the gap between centralized finance (CeFi) and DeFi, creating a secure, transparent, and efficient swapping experience for users. The Yanda protocol is a Hybrid Finance solution designed to bridge the divide between CeFi and DeFi. It aims to connect centralized exchanges (CEXs) to the decentralized ecosystem, unlocking the vast liquidity present in centralized platforms for the benefit of DeFi users. By doing so, Yanda is revolutionizing the DeFi space by making trading via CEXs more transparent and accessible through web3 wallets, ensuring that the custody of cryptocurrencies remains the responsibility of the asset owners. Yanda is a DeFi protocol that uses off-chain components to access centralized exchanges’ liquidity.

With many other players in the market offering cross-chain swap services, what sets CryptoYou apart?

CryptoYou stands out due to a combination of features that we’ve carefully developed, keeping in mind the needs of experienced crypto users. First and foremost, our platform offers exceptional security with self-custodial wallets. We provide access to centralized exchange liquidity, ensuring minimal fees for cross-chain swaps. We have also focused on reducing the slippage risk and providing a wide range of token availability. Moreover, CryptoYou offers fast transaction processing times, transparent pricing, comprehensive customer support, and an overall user-friendly platform.

How does CryptoYou handle liquidity, and how does it ensure minimal slippage and optimal swap paths for users?

At CryptoYou, we prioritize liquidity as it is critical for the execution of large cross-chain swaps and affects slippage and transaction costs. We are integrating with multiple liquidity sources, including both centralized and decentralized exchanges, to ensure that our users always get the best rates. Additionally, we’ve developed a proprietary algorithm for intelligent cross-chain routing. This algorithm determines the most efficient swap path that minimizes slippage and maximizes the user’s returns.

CryptoYou is built for experienced crypto users who perform large cross-chain swaps. How do you ensure that these users’ needs are met?

We recognize that experienced crypto users who perform large cross-chain swaps have specific needs, and we have designed CryptoYou with those needs in mind. Our platform is engineered to handle large volume swaps efficiently and securely, minimizing the slippage and offering competitive rates. Our research shows that we are the most cost effective cross-chain swapper on the market. Unlike current competitors like Thorswap that perform well with transactions up to a maximum of $10,000, CryptoYou allows its users to swap up to $2M in a single transaction with minimal slippage risk.

In what ways do you see the cryptocurrency landscape evolving in the next five years, and how does CryptoYou plan to adapt to these changes?

CryptoYou is constantly evolving to meet the growing demands of the crypto space. We are looking forward to integrating more blockchains and tokens into our platform, improving our routing algorithm for even better swap paths, and enhancing the overall user experience. We are also exploring partnerships with other fintech platforms to extend our reach and provide more value to our users. Ultimately, we aim to make CryptoYou the go-to solution for large cross-chain swaps, simplifying the process and making it accessible to everyone.

Finally, what advice would you give to someone who’s just getting started with cross-chain swaps?

To anyone considering CryptoYou, I would say, give it a try. We’ve built CryptoYou with the user in mind, focusing on security, liquidity, and user experience. We’re confident that once you experience the ease and efficiency of performing large cross-chain swaps with CryptoYou, you’ll appreciate the value it brings to your trading activities. We’re here to support you, and we’re always open to feedback to make our platform even better.

One more thing, we have a special treat just for you—an incredible 50% discount on fees (valid until June 30th, 2023). Yes, you heard it right! It’s our way of showing our appreciation for your loyalty. All you need to do is follow this link and create an account on CryptoYou. That’s it! You’ll unlock the power of CryptoYou while enjoying this exclusive discount. Don’t miss out on this fantastic opportunity!

Swapin Wins MasterCard People’s Choice Award

We have incredible news for the Swapin community! Thanks to your votes and unwavering support, Swapin has been honored with the prestigious People’s Choice Award from MasterCard Lighthouse FINITIV. We are particularly proud to receive this award in recognition of our commitment to providing the perfect payment solution for all crypto enthusiasts looking to seamlessly spend cryptocurrencies in their daily lives. At the end of this article we will give you a present to celebrate this event together!

What is MasterCard Lighthouse FINITIV?

The MasterCard Lighthouse FINITIV program, now in its 10th edition, is a prestigious platform that brings together startups, banks, investors, and advisors to scale innovative ideas. As a platform that has facilitated multiple partnerships and supported over 150 fintech platforms since its inception in 2018, the program aims to showcase and support the most promising startups and scaleups in the fintech industry, especially during economically challenging times.

How was Swapin picked for the program? 

This year, Swapin was handpicked alongside 14 other outstanding fintech startups from the Nordics and Baltics to participate in the program.

Swapin’s participation in the program is a significant step forward for crypto adoption by the traditional finance system. We see our mission in bridging the gap between crypto and traditional banking. To achieve that, SwapinPay provides a seamless platform for users to pay EUR and GBP invoices with crypto or transfer money to friends and family bank accounts using crypto. 

For merchants, SwapinCollect offers an easy way to start accepting crypto without any integrations needed, enabling them to receive instant EUR or GBP payments on their bank accounts. These solutions collectively underscore our commitment to making crypto as accessible and usable as any other currency.

Main takeaways from the program 

During the program, Swapin team had the opportunity to engage in exciting discussions with industry leaders such as MasterCard, SwedBank, AWS, Fintech Mundi, and more. The discussions revolved around the future of connecting Web3 finances to the Web2 ecosystem and the challenges of dealing with crypto for banks. Notably, Swapin holds an Estonian VASP license that is already compliant with the upcoming regulation on markets in crypto-assets (MiCA), positioning the company well for the transition towards more crypto-friendly banking operations​.

MasterCard Lighthouse FINITIV Startup Showcase at Latitude59 event in Tallinn

People’s Choice Award

During the grand finale of the MasterCard Lighthouse FINITIV Spring 2023 program, held at the Latitude59 event in Tallinn, MasterCard announced the winners. Among 5 other startups from Estonia and Lithuania, Swapin pitched during the startup showcase in the Baltics class.

We extend our congratulations to Cino for being selected as the winner in the Baltics country class. Their achievement is truly commendable!

We are particularly thrilled to announce that Swapin has won the prestigious People’s Choice Award. As the only crypto-related startup in the program, this recognition holds immense significance. It also marks a historic moment as Swapin becomes the first Estonian startup to receive the People’s Choice Award from MasterCard Lighthouse! We are truly grateful for the unwavering support of our community. Your votes, trust in Swapin, and belief in the future of crypto payments have been instrumental in our success.

Swapin CEO and founder, Evald Hannes Kree, receives People’s Choice Award from MasterCard.

People’s Choice Voucher for Your SwapinPay Transactions

To celebrate Swapin’s victory together, we have a special offer for you. Use the code PeoplesChoice when making a SwapinPay transaction and enjoy a 50% discount on the Swapin service fee! This voucher is valid until June 30th, 2023.

Thank you for being a part of this incredible journey with us. Together, we will continue to revolutionize the world of payments and make crypto more accessible and user-friendly for all.

How to Buy Any Car with Crypto

So, you’re a crypto enthusiast with your Bitcoins, Ethereum, or USDT securely stored in your crypto wallet. But can you actually use them in your daily life, like buying a car, for instance? While many automotive brands, like BMW and Tesla, have started accepting crypto, what if your local dealership still insists on invoicing you in EUR or GBP? Don’t worry, we have the perfect solution for you. Allow us to introduce SwapinPay, the user-friendly crypto payment solution that enables you to pay for your dream car using 10 TOP+ cryptocurrencies, while the dealer receives fiat money in their bank account instantly. Get ready to embark on a seamless and secure car buying process like never before.

Why Choose Crypto for Your Car Purchase?

The crypto market may not be at its peak currently, but there are still many reasons why customers might want to spend their crypto. This is particularly relevant for individuals who receive income in cryptocurrency. Additionally, miners, traders, and stakers who use crypto to generate additional income may wish to convert it into real-world assets, such as a new car. However, it’s worth noting that many dealerships still prefer to avoid dealing with Web3 payments and only accept traditional fiat currencies like EUR or GBP. That’s where Swapin comes in with a solution that allows you to pay any EUR or GBP invoice from a car dealership using your crypto.

How to Buy Your Dream Car with SwapinPay

SwapinPay is here to simplify your crypto car buying experience. Our solution supports a wide range of popular cryptocurrencies, giving you the flexibility to choose the one that best suits your needs. Purchasing your dream car with crypto is a breeze with SwapinPay. Here’s a step-by-step guide:

  1. Create a Swapin account: Visit our website and sign up for a free account. We’ll guide you through the setup process quickly and smoothly.
  2. Complete your verification: To ensure a seamless crypto-to-bank transaction, we require a know your customer (KYC) process to verify your identity. Depending on the price of the car, you’ll need to apply for either Basic or Full verification level.
  3. Start a new SwapinPay transaction: Navigate to the SwapinPay menu and fill in all the necessary information from your car dealership invoice. Choose the fiat currency (EUR or GBP) that the dealer will receive, as well as the cryptocurrency you wish to pay with. Fill in the beneficiary’s name, address, IBAN, and payment description/invoice number.
  4. Send crypto from your wallet: Swapin will provide you with a crypto wallet address where you can send your chosen cryptocurrency. Once the transaction is initiated, you’ll have 30 minutes to complete the transfer. During this time, the rates will be locked, ensuring that the dealer receives the exact amount of EUR or GBP specified on the invoice.
  5. Swapin converts crypto to fiat and sends it to the bank: Once we receive your crypto, it will be automatically converted to EUR or GBP. The fiat money will then be sent directly to the car dealer’s SEPA bank account, ensuring a fast and secure transaction for a minimal fee.

By following these simple steps, you can seamlessly purchase your dream car with crypto using SwapinPay.

Is it safe to Buy a Car with Crypto using SwapinPay? 

Swapin prioritizes the security and safety of your crypto-to-fiat transactions. As a non-custodial solution, we ensure that your funds are not held by us. Operating under a VASP license in the EU (Estonia) and proudly being a trusted member of the Estonian Chamber of Commerce, we are a reliable partner for your crypto payments. In recognition of our commitment to security, we have been selected by MasterCard for their Spring 2023 FINITIV Program, highlighting our dedication to providing a secure platform that bridges Web3 payments and the traditional banking system. With over 6 years of experience in the crypto market, we fully understand the significance of instilling confidence in our valued customers.

Transform Your Dealership with SwapinCollect

If you’re a car dealer looking to enter the world of crypto, SwapinCollect is the perfect solution. By accepting crypto payments through SwapinCollect, you can receive fiat GBP or EUR directly into your bank account while providing your customers with a seamless payment experience. Say goodbye to the complexities of pricing in a volatile crypto market and start embracing the benefits of accepting cryptocurrencies in your dealership. Learn more about accepting crypto with ease on our SwapinCollect page or book a demo call now, and our sales team will be happy to answer any questions you may have.

Embrace the Future of Car Purchases

Swapin is revolutionizing crypto-to-fiat payments, making it as seamless as using any other currency. Say goodbye to complicated conversions and multiple intermediaries. With Swapin, you can effortlessly use your crypto for payments in fiat currencies like EUR or GBP, enabling you to make purchases with ease. Experience a future where crypto becomes an integral part of everyday transactions, starting with Swapin.

Experience the simplicity and security of buying a car with crypto using SwapinPay, or start accepting crypto as a car dealer with SwapinCollect. Sign up today and embark on the car buying journey of tomorrow!

GYMSTREET Metaverse Partners with Swapin for Crypto Payment Solutions

GYMSTREET Financial Metaverse, the first purpose-built DeFi and CeFi virtual realm, is proud to announce a strategic partnership with Swapin, the popular crypto-to-fiat payment solution. This collaboration aims to provide GYMSTREET’s community members with access to Swapin’s off-ramp services while also utilizing affiliate commissions for the buyback of GYMNET community tokens. This move is expected to significantly benefit both parties and push the GYMNET token price upwards.

Swapin Joins the Metaverse

Swapin has already made its mark in the GYMSTREET Metaverse with a unique building, symbolizing its entry into the innovative world of virtual finance. Founded in 2017, Swapin (formerly Piixpay) recognized the potential of crypto to revolutionize the global payment industry, connecting crypto to traditional fiat payments. With a powerful and user-friendly platform, Swapin enables individuals and businesses to spend crypto as easily as any other currency.

GYMSTREET: The Wall Street of the Metaverse

GYMSTREET is setting the stage to become the Wall Street of the Metaverse, offering an immersive platform for financial service providers to interact with real customers in a virtual world. With stunning 2.5D and later 3D graphics and a variety of NFTs, GYMSTREET is the perfect destination for DeFi, CeFi, banking, exchange, real estate or any other financial service providers aiming to make a significant impact in the Metaverse.

One of the key benefits of the GYMSTREET Metaverse is simplified access to a wide range of financial products that are typically hard to access and complex to navigate. With GYMSTREET, users have a straightforward and engaging way to build passive income by exploring various financial services within the virtual world.

A Win-Win Partnership

The collaboration between GYMSTREET and Swapin is set to create a win-win situation for both parties. GYMSTREET community members will now have access to Swapin’s convenient crypto-to-fiat payment services, while the affiliate commissions generated from fees will be fully used for the BUYBACK of GYMNET community tokens. This strategic move will drive demand for the GYMNET token and push its price upwards, benefiting the entire GYMSTREET ecosystem.

In conclusion, the partnership between GYMSTREET Financial Metaverse and Swapin is a game-changer for the virtual finance industry. With this collaboration, GYMSTREET is one step closer to becoming the Wall Street of the Metaverse, offering its community members unparalleled access to innovative financial services and a unique opportunity to generate passive income. As the partnership unfolds, GYMSTREET and Swapin are set to redefine the landscape of finance in both the virtual and real worlds.

Swapin Joins MasterCard Lighthouse FINITIV 2023 Spring Program

This year, Swapin has been chosen as a finalist in the MasterCard Lighthouse FINITIV 2023 Spring Program. This is big news for a startup bridging Web3 and Web2 worlds and connecting crypto to bank accounts. We are thrilled to share more details about Swapin participating in the program and what it can bring to our customers in the future.

What is MasterCard Lighthouse FINITIV?

It is a program founded by MasterCard that aims to bring startups, banks, investors, and advisors together to scale innovative ideas. As a fintech startup, Swapin applied to be part of the program and pitched our crypto-to-fiat solution to MasterCard and leading banks. As a result, MasterCard handpicked Swapin and 14 other outstanding fintech startups from Nordics and Baltics to participate in the Spring 2023 program. This means a big step ahead for crypto adoption by the traditional finance system. Also, the Swapin team is excited to use this opportunity to make new connections and receive advice that will drive us towards a future of crypto-to-bank payments.

Key Swapin Takeaways from the Program Kickoff Event

At the recent kickoff meeting Swapin team met other game-changing fintech startups, including Solid World, Mifundo, Cino, and AMLYZE. Additionally, we had the pleasure of giving personal intros/pitches to some of the most influential industry players, including MasterCard, SwedBank, SEB, AWS, and Fintech Mundi.

Evald Hannes Kree, Edward Rebane, Ian Kalla, Joonas Honga

One of the most exciting discussions we had was with MasterCard. We talked about the future of connecting Web3 finances to the Web2 ecosystem and shared some ideas about a seamless flow for using cards for off-ramping. As pioneers of crypto-to-fiat payments, Swapin’s team will be honored to provide our vision for this potential product.

We also appreciate AWS’s readiness to support Swapin and other fintech startups by providing free access to AWS Infrastructure for a certain period. AWS is also ready to provide technical expertise to support startups like us. We find the idea of adding Swapin API products in the Amazon marketplace an exciting prospect for our team.

The discussion with Swedbank and SEB revolved around the challenges of dealing with crypto for banks. While there are still many regulations and compliance topics to cover, we believe the future of crypto-to-fiat transactions is bright. The upcoming regulation on markets in crypto-assets (MiCA) is a big deal breaker for banks to become more crypto-friendly. As a company, we hold an Estonian VASP license that is already compliant with the future MICA standard, which will make the transition even more seamless.

Kate Voogla, Caroline Barnekow, Mats Taraldsson

We were also excited to meet with Fintech Mundi, the global accelerator that helps fintech companies develop ideas, commercialize products, and grow their businesses. We thank Susanne Hannestad for helping startups like us with introductions and a development plan after the program. We are honored to meet you!

Caroline Barnekow, Jasmin Elmi, Susanne Hannestad

What’s Next?

We are looking to join the next workshops dedicated to potential partnerships, investor relations, product, and marketing advice. Overall, we believe that this program provides us with a valuable opportunity to network, collaborate, and grow in the financial technology industry. We are excited to see where this program will take us and how we will continue to innovate in the crypto-to-fiat industry. Stay tuned, we will cover more on the blog soon.

Swapin Relaunches SwapinCollect Merchant Tool

Swapin is thrilled to announce the relaunch of SwapinCollect, our user-friendly merchant tool that streamlines the process of accepting cryptocurrencies and allows merchants to receive EUR or GBP instantly in their connected bank account.

What is SwapinCollect?

SwapinCollect is a tool that enables merchants to start accepting crypto by creating a SwapinCollect payment link and still receive fiat money (EUR or GBP) in their bank account. It’s simple to set up within one business day, with no integration required. SwapinCollect is perfect for merchants who want to expand their potential customer base by accepting crypto, but still want to avoid the challenges typically associated with crypto transactions, such as volatility issues, managing crypto wallets, and off-ramping. The product was launched in spring 2022, and we’re now introducing the new upgraded version of SwapinCollect.

Check out this video that explains how SwapinCollect works:

Key SwapinCollect Benefits

Here are the key reasons why merchants should choose SwapinCollect:

  • No integration required, no API or development, just create a SwapinCollect payment link.
  • No volatility issues. For each transaction, Swapin locks crypto-to-fiat rates for 30 mins, ensuring that merchants receive the exact amount of fiat they planned, with no need to worry about crypto’s high volatility.
  • A payer covers all fees, and 0 fees apply to merchants. Read more about SwapinCollect fees here.
  • No accounting issues, as all transactions will appear on the SwapinCollect dashboard.
  • Real-time payouts. 95% of Swapin crypto-to-fiat transactions are processed in 5 mins or less.

What’s New for SwapinCollect?

SwapinCollect is now integrated into the Swapin App. Previously, we set it up individually for each merchant upon their request. Now, merchants can complete all the steps needed to start accepting crypto themselves on the app. This means you can start accepting crypto in one business day. However, Swapin is pleased to offer a dedicated key account manager for each merchant to assist with onboarding and any other inquiries. Additionally, there is a dashboard showing transaction history, providing accountants with all the information they need.

How to Start Accepting Crypto as a Merchant?

Setting up a SwapinCollect payment link is easy, but it’s important to let your customers know they can pay with crypto now. This can be done via various marketing channels. Here are our recommendations:

  • Distribute the SwapinCollect payment link with each invoice.
  • Add information stating ‘Crypto Accepted’ and your SwapinCollect payment link on your landing page.
  • Send an email blast to your customers informing them that they can now purchase your goods or services with cryptocurrency.
  • Use “Crypto accepted” stickers, posters, or video ads in your stores.
  • Add the “Crypto accepted” message to all your marketing materials, such as videos, banners, and other ads.

Create a SwapinCollect payment link today and tap into a new market of customers who prefer to pay with digital assets.

For more information on SwapinCollect, please visit the SwapinCollect website.

Got questions or want a demo? Schedule a call with Kate Voogla, your dedicated Swapin Business Development Manager. 

Swapin Unveils Enhanced KYC Process

As a licensed company, registered as a virtual currency services provider, Swapin must adhere to the strict regulations in order to remain compliant but also to give our customers the most secure digital experience possible. This helps us to ensure the protection of all of our registered customers while they utilize and navigate on any of the various Swapin crypto-to-fiat payment solutions.

A More Efficient KYC Process

Swapin recently unveiled an advanced KYC process that will greatly increase efficiency by enabling new customers to begin using SwapinGet and SwapinPay for sending money on their bank accounts within minutes after signing up. Swapin is pleased to announce this to our current and future customer base. Previously, the KYC process took an extended amount of time to complete, as delays were common between new customer sign up and accounts being active.

What Are The Changes To The Swapin KYC Process?

Swapin KYC Verification Levels
Easily verify your identity and documentation with AI automation and begin using SwapinPay and SwapinGet within minutes.

Swapin enables users to register in one of three verification levels depending on territory and region and other personal verification factors. Newly-registered Swapin customers on the ‘Starter Level’ will be able to complete KYC verification in under 2 minutes with the technology implemented in our enhanced KYC verification model. These customers are able to transact in total with as much as 2500 euros of combined value through SwapinGet and SwapinPay, which can only be used to make payments to their own SEPA bank accounts.

The manual requirements of the process have also been automated for new platform registrants. Thanks to the technology and support of Swapin partner, Veriff, customers no longer need to manually input their personal information. Veriff enables Swapin to gather this information digitally from the documents submitted by the new user.

In essence, the new KYC upgrades drastically reduce verification wait times, and reduce barriers to entry when onboarding with Swapin.

A Couple Of Ways In Which The New KYC Process Is More Efficient

Now, not only is the process cut from several hours to under two minutes in which new ‘Starter Level’ users can be up and running, but also the process of submitting information is less error prone. Since the information is in fact pulled from the technology developed by Veriff, the technology does checks and balances itself, instead of the need for manual processes.

Advances For New Basic Level Customers

The newly-implemented KYC process enables new individual ‘Basic Level’ customers to send and receive crypto payments after a verification and review process which can last from several hours through one business day. This tier of service enables registered users to send crypto-to-fiat payments to themselves or any other SEPA bank accounts.

‘Basic Level’ customers are required to submit ID and proof of address (POV) documentation such as a bill or official document issued in the customer’s name. These customers have a threshold of 30,000 euros which they are able to send and receive in total transaction volume through SwapinPay and SwapinGet in a single calendar year.

SwapinGet enables customers to receive crypto and transfer to fiat manually in order to deposit into their SEPA bank account. SwapinPay enables customers to make crypto to fiat transfers and send payments to any SEPA bank account for bill payments and more.

Faster Process To Register For Full Access Level

As a part of the new version now released to the public, Swapin also enables ‘Starter’ or ‘Basic’ customers to upgrade to a ‘Full Level’ access at any time. Customers verified at the ‘Basic Level’ can do so by providing source of funds (SOF) information, while customers at the ‘Starter Level’ must provide both POV and SOF documentation.

Provided SOF information enables higher customer access by giving banks the ability to approve larger transactions in compliance with AML regulations. While unlimited transactions are allowed at the ‘Full Level’ access, members can still be limited based on information provided in the verification of SOF.

Making Web3 Finance Accessible to All

At Swapin, we believe starting your crypto-to-fiat payments should be as easy as possible. As a startup bridging Web3 finance with the Web2 world, we will continue delivering more convenient solutions to our customers. Stay tuned!

Introducing All-New Swapin Product Names For 2023

The Swapin team continues to innovate and strategize for the future. We are proud to reveal that several Swapin products have been rebranded with new names, further aligning with the message of convenience and simplicity across all of our leading crypto-to-fiat services. 

Here is everything you need to know about SwapinGet, SwapinPay, and SwapinCollect (formerly, InstaFill, InstaPay, and CoinCollector).

Why Rebrand Select Swapin Products & Services?

As you may be aware, Swapin began last year with a significant rebranding from PiixPay to Swapin, representing the growing range of crypto-to-fiat products and services and the proliferation of cryptocurrencies globally. 

This year, we are once again refining our marketing messaging and have rebranded our three key products: InstaFill, InstaPay, and CoinCollector. InstaFill has become SwapinGet; InstaPay is now SwapinPay; and CoinCollector has transformed into SwapinCollect. 

The Swapin mission is to connect crypto to the world of daily payments to make spending and using crypto as easy as any other form of money. We also sought to make the names of our products better aligned under the Swapin umbrella and easier to remember and understand.

Introducing: SwapinGet, SwapinPay, and SwapinCollect

SwapinGet allows users to turn their BTC, ETH, USDT, and other coins into EUR or GBP and receive the funds in a personal bank account. The entire process takes no more than a matter of minutes, eliminating the need to manually exchange cryptocurrencies into fiat and move it to your EU bank account. By setting up a convenient SwapinGet wallet address, all it takes is a quick crypto transfer, and you can top up your bank account with fiat.

SwapinPay enables fast payments in EUR or GBP to any EU bank account by sending Bitcoin, Ethereum, and other top cryptocurrencies, which are instantly converted into fiat. It is now easier than ever to use crypto to send money to friends and family, pay bills like rent or insurance, or buy goods online. SwapinPay takes away the volatility risk associated with sending and receiving cryptocurrencies by locking the exchange rate for 30 minutes while the transaction takes place. 

With SwapinCollect, businesses can accept crypto immediately without all the risk, accounting issues, and more. Cryptocurrency transactions cannot be reversed, offering unique business benefits such as no chargebacks. A rapidly-growing audience is now within reach, with no fees ever charged to the business, as customers cover the costs when they use cryptocurrencies to pay for goods, services, and more using a custom payment link. Contact Swapin sales to access SwapinCollect and other business tools.

Stick With Swapin For More Future Updates

These essential Swapin services will be updated within the Swapin app in the coming days. Please stay tuned to the official Swapin blog for more updates and information. You can also follow Swapin on Facebook, Twitter, Telegram, or LinkedIn. Be sure to try the Swapin app today!