Accepting Crypto Payments a Rising Trend Among Businesses

As of 2024, global cryptocurrency ownership has surged to an average of 6.8%, with over 560 million users worldwide. This marks a significant increase from 420 million users in 2023, highlighting substantial growth in adoption (Triple-A). Cryptocurrencies have transitioned from a niche investment to a widely accepted payment method for goods and services. This evolution is sparking interest among businesses to start accepting crypto payments too. Let’s dive into this trend and explore why an increasing number of merchants are considering crypto as a viable payment option.

Table of Contents:

The Rise in Crypto Payments

Crypto payments are predicted to grow at a compound annual growth rate (CAGR) of nearly 17% between 2023 and 2030 (Statista). This is driven by a variety of factors, including increasing consumer interest, technological advancements, and broader acceptance of cryptocurrencies.

Both merchants and consumers have grown more knowledgeable about crypto and confident in using it as a payment method. Global surveys indicate a high level of awareness about cryptocurrencies, with 92% of respondents out of a survey of 15,000 people in 15 countries across all continents stated they “have heard about them” (Consensys 2023).

A survey by Arlington Research for Kaspersky revealed that almost half of respondents (44%) believe that crypto payments will become a common choice for online shopping. Nearly 1 in 4 people would buy their groceries with crypto, 81% of gamers would use it to pay for game-related purchases, and 36% would use crypto to pay for dining and entertainment tickets.

Furthermore, 68% of surveyed people stated they want more opportunities to use crypto for payments, from video games (59%) to groceries (39%) to cars (32%). This shows that more people are open to using crypto for everyday purchases, signaling a possibility for merchants.

Stablecoin Payments: A Growing Trend

In recent years, stablecoins have emerged as a compelling alternative to traditional payment methods, with major names like PayPal and Visa integrating them. Unlike more volatile cryptocurrencies like Bitcoin, whose price can swing dramatically, stablecoins are pegged to real-world assets, offering stability that appeals to traditional investors and businesses. Bernstein analysts noted in their latest report that just Q1 2024 value transferred stands at $6.8 trillion, nearly matching the 2022 high of $7 trillion. Stablecoin transactions are expected to exceed $187 billion globally by 2028 (Juniper Research).  This trend highlights the growing preference for stablecoins in facilitating transactions between businesses and customers.

Challenges and Benefits of Using Cryptocurrencies

Challenges

While the buzz around crypto is growing, its adoption as an everyday payment method is still not mainstream. Major obstacles include:

One major obstacle is volatility, which can deter both merchants and customers. Crypto payment gateways, however, can automatically convert crypto into fiat like EUR during a purchase, mitigating volatility risk and ensuring that the merchant is receiving the exact invoiced amount in EUR and the customer was able to pay with desired crypto.

Regulatory clarity around cryptocurrencies is still lacking in many regions, which can cause hesitation among businesses. The introduction of new regulations like the Markets in Crypto Assets (MiCA) in the EU are helping to clarify legal ambiguities, making it easier for more businesses to integrate crypto payments.

Technical complexity is another challenge. Integrating crypto payments may seem complex and time consuming, but solutions like SwapinCollect simplify the process, allowing merchants to get started with invoicing customers within one business day.

Security remains a significant concern. In 2022, cryptocurrency hacks resulted in $3.7 billion stolen from users (Chainanalysis). While this figure decreased by 54.3% in 2023 to $1.7 billion, the threat persists as hackers are developing new ways to exploit exchanges and wallets. Crypto payment providers must invest in robust security measures to protect against breaches, and merchants must ensure they partner with licensed and security-focused providers.

Benefits

Despite these challenges, the crypto payments industry is evolving, more crypto-friendly businesses and eager consumers are emerging. Benefits of crypto payments are significant:

Crypto payments can reduce transaction costs significantly compared to traditional payment methods. Most cryptocurrency payment processors charge around 1% in fees, compared to up to 3.5% for credit card payments.

Blockchain transactions can be processed almost instantaneously, which is especially beneficial for international transactions that typically take several days through traditional banking systems.

Accepting cryptocurrencies can attract a new segment of customers that prefer to use digital currencies, expanding a business’s reach and boosting growth.

As cryptocurrencies gain more acceptance as a payment method, being an early adopter may provide a competitive edge and position you as an innovative brand.

Accepting Crypto Payments as a Business

Cryptocurrencies can offer businesses a number of benefits when accepting them as a payment method:

  • Meeting customer demand: More people want to pay in crypto, especially in regions with high crypto adoption rates
  • Fast settlements: Blockchain technology enables fast transaction processing, carried out 24/7, reducing cash flow gaps for businesses
  • Cost efficiency: Crypto transactions typically have lower fees than traditional payment methods, which can result in significant savings, particularly for businesses with high transaction volumes
  • High average transaction value: Some industries report that the average deposit value for crypto can be 5-10x higher than for other payment methods
  • Transparency: Blockchain transactions are final and traceable, eliminating the risk of fraud and the associated costs and administration
  • Reliability: Leading cryptocurrencies have been proven over many years as a method for securely making transactions
  • Easy adoption: Merchants can partner with crypto payment providers to make the process of accepting cryptocurrencies simple and straightforward
  • Payer experience: While the crypto payment experience is still maturing, providers like Swapin make it easy for your users to complete the crypto payment process. You just provide an invoice and a payment link, they’ll know what to fill in, send crypto, and it’s done – Euros in your bank account!

Getting Started with Accepting Crypto Payments

As we’ve discussed, there are many benefits for merchants that enable crypto payments for their customers. These include meeting customer payment preferences, settling funds fast, lower processing costs compared to cards. With the rise of cryptocurrencies, businesses are presented with a new opportunity to cater to a rapidly growing demographic of crypto-savvy customers. Start accepting crypto payments to provide your business with the chance to reach a broader customer base, appealing to those who prefer using crypto for their purchases, and stay ahead of your competition.

Why Businesses Choose SwapinCollect to Accept Crypto Payments?

If you’re considering integrating crypto payments and are looking for an easy way to do so, SwapinCollect offers a great solution. Here’s how:

  • Multi-currency support: Swapin supports various cryptocurrencies, including BTC, ETH, USDT, USDC, and more, providing flexibility for both merchants and customers.
  • Fast transactions: All crypto payments are settled directly to your business’ SEPA bank account in EUR.
  • Zero fees for your business: Free onboarding and set-up. The customer pays the transaction fees.
  • Licensed provider: Swapin is a EU-regulated payment processor, ensuring the security of customer data and funds.
  • Rate lock: Exchange rates are locked for 30 minutes during the payment process, ensuring your customers have time to complete their payment and your business receives the exact amount as invoiced.
  • No chargebacks: Crypto payments cannot be reversed and are easily tracked on the blockchain.
  • Personalized support: Our team of experts is always there to assist you with any questions

Frequently Asked Questions (FAQs)

Q: How many businesses accept crypto?
A: While it is difficult to get an accurate global total, around 30,000 merchants worldwide currently accept Bitcoin. Well-known brands include PayPal, Microsoft, Shopify, Starbucks, Twitch, Subway.

Q: What are the benefits of accepting cryptocurrency?
A: There are many benefits for merchants, including meeting customer payment preferences, settling funds fast, and lower processing costs compared to cards. 

Q: What are the risks of accepting crypto payments?
A: Risks include price volatility and navigating an inconsistent regulatory environment. Stablecoins are becoming popular for payments because they provide greater price stability.

Q: Can small businesses accept crypto?
A: Yes, any size business can accept crypto payments. Many crypto payment processors like Swapin offer solutions tailored to small businesses, making it easy to start.

Q: Can my business have a crypto wallet?
A: Yes, businesses can have custodial or non-custodial wallets, depending on their needs and how they prefer to manage their assets. Swapin is a non-custodial solution, so we don’t hold your funds, we immediately process payments for you

Conclusion

Cryptocurrencies are forecasted to become a mainstream payment method in the future, driven by their advantages in speed, cost, and accessibility. While challenges remain, particularly around regulations, the benefits for both consumers and businesses are substantial.

For businesses looking to accept crypto payments, SwapinCollect provides the tools and support necessary to make this transition smooth and secure, enabling businesses to tap into the growing market of crypto users and drive growth.

Learn more about SwapinCollect here and reach out to our team to get started today!


Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here. Follow us on social media for more updates from Swapin.

GameFi: Merging Blockchain Gaming with Finance

Blockchain gaming is set to skyrocket with a 68.3% growth rate from 2023 to 2030. That’s way faster than overall online gaming industry’s expected growth, according to Grand View Research. Now, think about playing games and earning some cash or crypto at the same time. Sounds interesting, right? Thanks to blockchain and GameFi, gaming is now more than just fun and entertainment – it’s also about making moves in the world of finance with digital currencies and NFTs. So today, let’s dive into this exciting mix of gaming and finance to see what it’s all about.

Table of Contents:

Understanding GameFi

GameFi, the combination of gaming and decentralized finance (DeFi), is utilizing play-to-earn models and non-fungible tokens (NFTs) to create economies where players can earn profits through gameplay. These ecosystems not only entertain but also offer financial incentives, effectively bridging fun and finance.

Why Blockchain Gaming is Blooming

As mentioned above, blockchain gaming is expected to grow at a rate of 68.3% from 2023 to 2030. To put that into perspective, the whole online gaming world is only expected to grow by 13.4% in the same period. February alone saw a 20% increase in daily unique active wallets, reaching 2.4 million players in a day (DappRadar). Behind these numbers lies an influx of capital and interest, positioning the sector for an explosive trajectory in the coming years. Play-to-airdrop campaigns and the upwards trajectory of crypto gaming tokens are testament to the industry’s boom.

Blockchain games UAW and volume over last year. Source: DappRadar.

Top Chains, Tokens and Games

The GameFi landscape is rich with projects that push the boundaries These platforms leverage community-driven tokenomics and innovative gameplay to establish not just games but ecosystems where players have a stake in the game’s success and growth. Let’s look at the top chains and tokens that are currently trending.

Top Chains

When it comes to blockchain gaming, several chains have emerged as the go-to in the field. Some of the most popular ones include:

  • Ethereum: Ethereum is the hub for NFTs and DeFi (Decentralized Finance) projects.
  • Polygon: Polygon is known for its scalability solutions and hosts various NFT projects and games.
  • Solana: Solana’s speed and low transaction costs make it an attractive choice for blockchain games.
  • Avalanche: Avalanche features high throughput and fast confirmation times, making it a good fit for gaming.
  • BNB Chain: Binance Smart Chain offers compatibility with the Binance ecosystem, making it a convenient choice for some users.
  • WAX: High-performance blockchain platform designed for digital asset trading and gaming.

Top Play-to-Earn Tokens

Play-to-earn tokens are a fundamental part of GameFi. They’re cryptocurrencies you can earn by playing games. Instead of the traditional model where you pay to play, in the play-to-earn model, you’re rewarded for your time, effort, and skill. Here are top 10 Play-to-Earn tokens by market capitalization according to Coinmarketcap:

Top Play To Earn Tokens by Market Capitalization. Source: Coinmarketcap.

Most Popular Games

The world of crypto gaming is filled with a wide variety of games. While there are countless options, here are some of the most popular ones:

  • Axie Infinity: Axie Infinity is a game where players collect and battle creatures called Axies. It’s one of the pioneers of the play-to-earn model.
  • The Sandbox: This is a virtual world where you can create, own, and monetize your experiences. Built on Ethereum.
  • Decentraland: Similar to The Sandbox, Decentraland is a virtual world that allows users to buy, sell, and develop parcels of virtual land. Also built on Ethereum.
  • Gods Unchained: Gods Unchained is a blockchain-based trading card game with unique cards represented as NFTs.
  • Splinterlands: Splinterlands is another blockchain-based collectible card game with a vibrant player base.
  • Illuvium: lluvium is an open-world, RPG adventure game where players capture and battle creatures. Built on Ethereum blockchain and uses NFTs for in-game items.
  • DeFi Kingdoms: P2E game that combines DeFi with gaming. Players can stake crypto to earn rewards, farm for resources, and craft NFTs.
  • Pixels: It’s a farming MMO (massive multiplayer online game) on the Ronin Network. By completing quests, farming resources and trading with other players, gamers earn BERRY tokens. Last month, the platform also released PIXEL token
  • Alien Worlds: Space economy game on WAX blockchain where players own cards to earn rewards and complete tasks.
  • Star Atlas: Multiplayer online role-playing game (MMORPG) set in a futuristic Sci-Fi universe. Built on Solana blockchain and uses NFTs for in-game assets.

These games provide a range of experiences, from battling creatures to owning virtual land, farming and trading cards. There’s a crypto game for everyone, and more continue to emerge and gain popularity.

How Fintech Fits into Blockchain Gaming

Fintech, particularly crypto payment gateways, play a crucial role in the GameFi ecosystem by providing the infrastructure necessary for the smooth execution of financial transactions within games. Payment solutions providers facilitate secure and fast payments, allowing players to buy, sell, and trade with ease without having to leave the platform. This integration of fintech solutions within gaming platforms is essential for the growth of GameFi projects. Swapin provides a bridge between in-game economies and traditional finances, enabling platform’s players to enjoy their profits in their daily life thanks to SwapinWidget integration.

Challenges and Opportunities

While GameFi presents numerous opportunities, it also brings its set of challenges. Volatility in cryptocurrency values and regulatory uncertainties are among some hurdles. Yet, the opportunity to create a more inclusive and innovative gaming experience persists, one that could empower players financially and pave the way for a new genre of entertainment.

Frequently Asked Questions (FAQs)

Q: What exactly is GameFi?
A: GameFi combines gaming with decentralized finance (DeFi), where players can earn real value through play-to-earn models and NFTs.

Q: Are there any risks involved in GameFi?
A: Like any investment, GameFi comes with its risks, including market volatility and the evolving nature of blockchain technology and its regulations. It’s crucial to do thorough research and consider risk management.

Q: What impact does GameFi have on traditional gaming?
A: GameFi introduces a new dimension to gaming by adding financial incentives and ownership through blockchain. It’s offering an alternative with different rewards and engagement.

Q: Can anyone participate in GameFi?
A: While GameFi is accessible to a wide audience, some games may have specific requirements, such as owning certain cryptocurrencies or NFTs, and understanding crypto wallets and transactions.

Q: How does Swapin integrate with GameFi?
A: SwapinWidget provides an easy to integrate crypto payment gateway that facilitates easy crypto buying and selling for platforms, enhancing their user experience.

Wrapping Up

The fusion of gaming and finance through GameFi is a dynamic and rapidly evolving sector that promises to redefine the gaming experience. With the continued development of blockchain technology and the increasing integration of fintech solutions like Swapin, the future of GameFi looks bright, offering both gamers, developers, and investors new opportunities.

Interested in harnessing the power of smooth crypto on-and off-ramping for your platform? Explore SwapinWidget today.


Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here. Follow us on social media for more updates from Swapin.

7 Reasons to Integrate Crypto On- and Off-Ramping in Your Web3 Platform

The web3 industry is rapidly expanding, with nearly 16,000 decentralized applications (dApps), over 3,000 DeFi apps, 800 marketplaces, and more than 2700 blockchain games, according to DappRadar. As this ecosystem grows, the integration of crypto on- and off-ramping becomes crucial as they enhance user accessibility and engagement, increase platform security and revenue generation. Here are 7 compelling reasons why every web3 platform should consider integrating a crypto-to-fiat off-ramp and a fiat-to-crypto on-ramp.

Table of Contents:

Simplified User Access

The growing number of decentralized apps and platforms signifies the increasing need for easy access to cryptocurrencies. On- and off-ramps provide a user-friendly gateway for web3 platforms’ end users to convert fiat to crypto and vice versa, removing complex barriers of entry for newcomers and enhancing overall user experience.

User Engagement and Retention

With the increasing variety of blockchain-based applications, from 2,700 games to over 3,100 DeFi apps, keeping the users engaged within your platform is more important than ever. Integrating a trusted payment gateway enables your users to easily buy or sell crypto without leaving your app, driving retention and prolonged engagement.

Revenue Generating Opportunities

Embedding crypto on- and off-ramping functionalities not only enhances user experience, but also opens up new revenue streams for your business. From transaction fees and favorable exchange rates to volume discounts for frequent users, ramps can significantly contribute to the financial sustainability of your platform.

Increased Trust and Security

There’s a growing importance on security in digital transactions, which highlight the need for safe and compliant on- and off-ramps. By partnering with licensed, secure, and trusted payment solutions providers, platforms can assure users of the safety and transparency of their crypto-bank transactions, which will build trust among users and stakeholders.

Competitive Differentiation

As the web3 space becomes more and more crowded, offering a smooth crypto buying and selling possibility within your platform can set you apart. This feature not only enhances user convenience, but also positions your app as user-centric and forward-thinking leader, particularly appealing to sectors like online gaming and DeFi.

Adaptability to Market Trends

The rapid pace of innovation in the crypto industry, requires platforms to be adaptable to new market trends and changes. Offering crypto on- and off-ramping without leaving the app enables web3 platforms to ensure they remain relevant and useful to their user base.

Bridge to Traditional Finance

Access to the traditional banking system is important for users transitioning their funds between crypto and fiat. A fast and easy off-ramp provides the security and freedom users need, ensuring they can convert their cryptocurrencies back to fiat at their convenience.

Frequently Asked Questions (FAQs)

Q: What is a crypto on- and off-ramp?
A: Crypto on- and off-ramp is a solution that platforms can integrate to facilitate easy crypto buying and selling for their end users.

Q: Why are they important for web3 platforms?
A: They enhance user experience, enhance platform engagement, and offer additional revenue streams.

Q: Can crypto on- and off-ramps increase my platform’s security and trust?
A: Absolutely. By partnering with a secure and compliant payment solutions provider, platforms can ensure safe and smooth transactions, building user trust.

Q: Are there financial benefits to integrating crypto on- and off-ramping?
A: Integrating off-ramps can generate revenue through for example transaction fees, exchange rates, and incentives.

Conclusion

As the web3 industry continues to grow, the integration of crypto on- and off-ramps is not merely an added feature, but a strategic necessity for platforms. By embracing these solutions, web3 apps can ensure user satisfaction and trust, security, and increased platform engagement, paving the way for more widespread adoption and growth.

Enable your users to effortlessly buy and sell crypto within your app or platform by integrating SwapinWidget today.


Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here. Follow us on social media for more updates from Swapin.

Introducing Swapin’s Team: Where Passion Meets Innovation

At Swapin, we’re not just another fintech company. Swapin’s team is a group of crypto enthusiasts whose passion for web3 and blockchain isn’t just about technology – it’s about bringing simplicity and ease to everyday financial transactions, for both individuals and businesses. 

Our team is the driving force behind Swapin’s innovative solutions that you use, and we want you to get to know us better. So, let’s dive into the personal insights and forward-looking perspectives of some of our team members.

Visionary Leadership

Evald-Hannes Kree – CEO, Founder

As our CEO and Founder, Evald-Hannes isn’t just an expert with more than a decade in fintech and e-commerce; he’s been a blockchain believer since the days of hobbyist mining in 2013.

His motto in life? To innovate, inspire, and drive society forward.

His vision for Swapin in 2024 and beyond? To see Swapin at the forefront of web3 adoption, crafting solutions that evolve the industry and help shape a future where digital currencies are as accessible and easy to use as traditional currencies.

Technical Innovation

Joonas Honga – Chief Technical Officer

Our CTO, Joonas, is the mind behind Swapin’s technical advancements. With 15 years of engineering complex software solutions, he’s excited about the potential of SwapinWidget and SwapinBuy, and Swapin’s role in the broader industry’s shift towards real-life blockchain applications.

His motto in life? To always move forward while trying to make a difference every day and be a role model for his kids.

What’s his prediction for the crypto industry? Joonas believes a big part of the upcoming bull run will be the Spot ETFs and gaming industry, with growing volumes and interest in cross-border stablecoin payments.

Product Excellence

Edward Rebane – Chief Product Officer

Edward, our CPO, brings a rich background in software development and product management in startups to the table. He’s all about trusting the process, being patient, and believes that taking a step-by-step approach is vital for success.

What excites him most about Swapin’s direction? He believes that Swapin is in an excellent position to make a significant step forward in 2024 with a solid foundation that’s been built and step-by-step the pieces are starting to come together.

What’s his outlook for the crypto industry? That adoption will rise significantly in the upcoming years thanks to growing institutional interest.

Sales and Business Development

Dmitry Pustovalov – Head of Sales

With a knack of forging over 150 integrations in the crypto space and a remarkable track record of more than 5 years in the field, Dmitry leads Swapin’s sales team.

His motto in life? Don’t wait for the world to be better, start with yourself.

What excites him most about Swapin’s direction in 2024 and beyond? A chance to unfold Swapin’s business potential to its fullest, an opportunity to discover and execute new partnerships, overcome awaiting challenges, and make the best out of every possible outcome.

What’s his personal prediction for the crypto industry in 2024? Dmitry believes increasing regulation will provide a more stable environment and a level of playing field for the participants, encouraging institutional investments and drawing in more conservative parties of the financial market. BTC ETF approval will serve as a crucial factor for driving adoption alongside the DeFi development. Finally, yet importantly, integrations of blockchain and crypto technologies into existing financial and technological infrastructures could lead to new use cases and increased utility, driving growth.

Mike Tiffin – Sales & Business Development Manager

Mike’s decade in sales and business development with a focus on fostering the growth of Fintech and Regtech startups, brings expertise and a track record of building partnerships.

His motto in life? Find the funny side even when the going gets tough and your back is against the wall; if you keep a sense of humour you will get through it.

What excites him most about Swapin’s direction? Making it very simple for users to on- and off-ramp crypto with ease, showing how easy it is to use crypto and gaining trust in the industry.

What’s his personal prediction for the crypto industry in 2024? Growing steadily, getting the interest back. He believes stablecoins are particularly useful and hopes to see more businesses using them as a means of payment.

Marketing and Community

Mia Belle Trisna – Marketing

Mia, in charge of our marketing, brings a strong background in community and social media management, driving digital growth, and building brand awareness.

Her motto in life? Everything happens for a reason and at the right time, even though it may not make sense now, in the end it’s for your ultimate good, so let go of the doubt and fear, and focus on the present and doing your best every day.

What excites her most about Swapin? The opportunity to make a difference in people’s lives. We’re not just talking about technology here; we’re talking about empowering individuals and businesses to use crypto in their daily life and financial operations in a way that’s easy and secure.

What is her personal outlook for the crypto industry in 2024? Mia sees it continuing to grow and evolve, but in a more mature and stable way. At the same time, she believes we’ll see even more innovation, as entrepreneurs and developers find new ways to use blockchain technology in daily life applications.

Regulatory Compliance and Financial Expertise

Julia Tarmisto – AML & Legal

With a decade in the EU banking and fintech sector and an LLM background, Julia ensures Swapin’s compliance with all regulations.

Her motto in life? Nothing is impossible, everything comes down to attitude and mindset.

What excites her most about Swapin’s direction in 2024 and beyond? A rapidly changing business environment and new exciting challenges.

Marge Simo – Finance Specialist

Marge’s 20+ years as a financial manager and project consultant, including roles as CFO, makes her a valuable asset in managing Swapin’s financial resources.

Her motto in life? Life is the best time for living.

What excites her most about Swapin’s direction? Marge feels it will be very exciting to see how Swapin’s new products take off and how successful the integrations will be.

And many more brilliant team members who are working hard behind-the-scenes for you. Additionally, Swapin also benefits from the wisdom of our advisors.

Swapin’s Advisors

  • Dimitrij Pruglo – Founder and CEO of Covesting, tech investor, with previous experience at Saxo Bank and SEB bank.
  • Marek Pärtel – Co-Founder and CEO of Estateguru, a FinTech speaker, angel investor, and freedom advocate.
  • Toomas Römer – Ex ZeroTurnaround CTO, Co-Founder, VP of Engineering at Bolt, and angel investor.
  • Ian Kalla – CXO at Bankish, specializing in BaaS and Core solutions architecture.
  • Jaan Lainurm – Ex Yolo Investments Board Member and Portfolio Manager for over 5 years experience from seed to series A startups in fintech, crypto, gambling and sports betting industry.
  • Urmas Kamdron – 20+ years as sales and marketing lead at Checkout.com, Icefire, and Oracle.

With a talented and diverse team, Swapin is dedicated to pioneering payment solutions between crypto and banks, bridging Web3 and Web2 worlds, and making crypto transactions easier and smoother to everyone.


Pushing the Boundaries Together

We are more than just a company; we’re a group of innovators, dreamers, and doers united by a shared passion for advancing the world of fintech and crypto. We remain dedicated to our mission of simplifying payments between crypto and banks for everyone, so join us as we push the boundaries of innovation, forging a path towards a future where using digital currencies is as easy as traditional banking.

Stay connected with Swapin’s team by joining our Telegram community, subscribe to our weekly crypto industry newsletter, and follow us on social media for the latest updates from Swapin.

Bitcoin Halving: What You Need to Know

As the countdown to the next Bitcoin halving event ticks closer, it’s essential for investors and crypto enthusiasts to know the details of a key part of Bitcoin’s protocol that holds significant implications for the crypto market as a whole. As the halving event is estimated to happen in April 2024, we have put together a comprehensive guide to dive into the details of the Bitcoin halving, its potential impact on the market, and how you can navigate this event as an investor.

Table of Contents:

Understanding Bitcoin Halving

At its core, Bitcoin halving is a mechanism designed to regulate the supply of Bitcoin, maintaining its scarcity and mitigating inflation. Approximately every four years, specifically every 210,000 blocks mined, the reward for Bitcoin miners is halved. The most recent halving, which occurred in May 2020, the reward dropped from 12.5 to 6.25 BTC per block. In 2024, this will further drop to 3.125 BTC.

As of today, we are roughly 70 days from the next Bitcoin halving event. You can stay updated with the countdown timer here.

Historical Impact of Bitcoin Halving

Historically, the Bitcoin halving events have catalyzed significant price surges in the cryptocurrency market. For instance, during the 2016 halving, Bitcoin’s price on halving day was $650, and 150 days later $758. Similarly, following the 2020 halving, Bitcoin’s price increased from over $8,800 to $10,900 within the same timeframe.

When the reward for mining is halved, it reduces the rate at which new Bitcoins are entering the market. This decrease in supply, combined with continued demand, can create upward pressure on the price. While halving events are not the sole drivers of price movements, they often serve as pivotal moments that shape the market sentiment and investment behavior.

Bitcoin Halving Effects on the Crypto Market

So, what does this upcoming halving mean for the crypto market?

The anticipation of reduced new supply following a halving event can trigger speculative activity and drive up demand for Bitcoin. This event, coupled with ongoing market trends and other factors, such as adoption rates and regulatory developments, can influence market dynamics significantly. Additionally, halving events often generate heightened excitement and media attention. This increased interest can attract new investors and institutional players into the market, potentially driving up demand.

Strategies for Investors

For investors, navigating the halving event requires consideration and strategic planning. Some common strategies include:

  1. Long-Term Holding: Many investors choose to adapt a long-term holding strategy accumulating Bitcoin in anticipation of price appreciation over a long time period. By holding onto bItcoin through market fluctuations, they aim to capitalize on potential long-term gains.
  2. Dollar-Cost Averaging (DCA): DCA involves investing a fixed amount of money at regular intervals, regardless of price fluctuations. This can help mitigate the impact of short-term market volatility by spreading investments over time. This way, investors can potentially reduce the risk associated with timing the market.
  3. Research: Educating oneself about the fundamentals of Bitcoin, its underlying technology, and market dynamics is crucial for marking informed investment decisions. By staying informed about market trends, regulatory developments, and latest news, investors can better understand the factors that may influence Bitcoin’s price movements and adjust strategy accordingly.
  4. Diversification: Diversifying or balancing one’s investment portfolio beyond Bitcoin can help spread risk and capture potential opportunities in other digital assets. Allocating a portion of funds to alternative cryptocurrencies or other asset classes can provide exposure to different market sectors.
  5. Active Monitoring: Regularly monitoring industry news and updates from trusted sources allows investors to stay informed about market sentiment and emerging trends. This proactive approach allows them to identify potential opportunities and risks. At Swapin, we offer a weekly industry update newsletter, curated to gather the top news from the crypto world, delivered to your inbox every Monday. To subscribe, just go here.

Leveraging Swapin for Bitcoin Investments

For those looking to buy Bitcoin before the halving, SwapinBuy offers a simple and secure solution. With Named IBANs and a user-friendly interface, SwapinBuy makes the process of purchasing BTC easy and smooth for individuals and businesses in the EEA (European Economic Area) and Switzerland. Whether you are a seasoned investor, a crypto enthusiast, or new to the world of digital assets, Swapin provides a hassle-free experience for acquiring Bitcoin using your bank account.

Find out more about SwapinBuy by visiting our website here.

Frequently Asked Questions (FAQs)

Q: What is Bitcoin halving?
A: Bitcoin halving is a process that reduces the rate at which new Bitcoins are created. It occurs approximately every four years, or every 210,000 blocks mined.

Q: When is the next Bitcoin halving?
A: The next Bitcoin halving is estimated to occur mid-April 2024. You can monitor the countdown timer here.

Q: How does Bitcoin halving affect Bitcoin price?
A: Bitcoin halving reduces the supply of new Bitcoins entering the market, potentially increasing scarcity and driving up prices. However, other factors also influence the market, such as sentiment, adoption, and regulation.

Q: What strategies can investors employ during Bitcoin halving?
A: During Bitcoin halving events, investors can implement several strategies to navigate the market effectively. These can include long-term holding, dollar-cost averaging, research and education, diversification, active monitoring. Make sure to choose a strategy, or mix of them, that suit your individual risk tolerance and investment objectives.

Conclusion

Bitcoin halving is a significant event that affects the supply and demand dynamics of BTC, with far-reaching implications for the whole crypto market. While halvings are important, they’re not the sole price determinants. Market sentiment, general adoption, and regulatory developments also play pivotal roles. As the halving approaches, staying informed, adopting strategic approaches, and leveraging innovative platforms like SwapinBuy are essential for capitalizing on emerging opportunities in the crypto space.

Note: This blog is for educational and informative purposes only. It does not constitute investment advice. As with any investment, conducting thorough research and exercising caution is paramount.


Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here. Follow us on social media for more updates from Swapin.

The Ultimate Guide to Buying Crypto in 2024: How to Buy Bitcoin

Bitcoin celebrated its 15th anniversary since the first “Genesis” block was minted by Satoshi Nakamoto in January 2009, and it has come a long way since its inception. Today, buying cryptocurrency has become more accessible and user-friendly than ever. Whether you are an individual wanting to buy cryptocurrencies or a business owner looking to explore Bitcoin’s potential, this guide will provide you with a comprehensive overview of everything you need to know about buying crypto in 2024.

1. Choosing a Crypto On-Ramp Platform

First things first, you need to select a platform to buy cryptocurrencies. Here are some considerations for various platforms:

  • Centralized exchanges (CEXs): These are user-friendly platforms that support various regions and currencies, making them great for beginners, but can come with higher fees and custodial risks. Popular options include Coinbase, Kraken, Crypto.com, and Binance.
  • Decentralized exchanges (DEXs): These provide enhanced security and privacy as they allow users to retain control of their funds. Uniswap, dYdX, and PancakeSwap are popular options.
  • Peer-to-peer (P2P) platforms: These connect buyers and sellers directly, offering a private way to buy crypto, but can expose you to risks of scams.
  • Non-custodial payment platforms: These stand out for allowing users to buy/sell crypto often with lower fees than CEXs and while retaining self-custody of your funds. They function as payment processors, like Swapin.

2. Selecting and Setting Up a Crypto Wallet

After choosing a platform, you’ll need to select a secure wallet to store your purchased crypto assets. Here’s what you need to know:

  • Types of wallets: Explore the different types of wallets, including custodial, non-custodial, cold and hot wallets, weighing their pros and cons based on your needs.
  • Security: Regardless of how you acquire cryptocurrency, security should always be a top priority. Learn the best practices for securing your wallet, such as safeguarding your private keys, storing your seed phrase offline, leveraging 2FA where possible, and more. We have a full web3 safety guide here.
  • Setting up your wallet: Follow the chosen provider’s step-by-step instructions on how to create and set up your wallet, including how to store your recovery phrases and private keys.

You can find 7 key factors for choosing a crypto wallet and a list of most popular wallets in our in-depth guide here.

3. Non-Custodial Providers: An Alternative Route

Non-custodial providers like Swapin offer a streamlined process:

  • Direct Purchase: Buy crypto directly from your bank account straight to your wallet.
  • No Need for Deposits: Eliminates the step of funding an exchange account.
  • Enhanced Security: Reduces exposure to exchange-related risks as you are in control of your own keys and funds.
  • Lower Fees: centralized exchange fees can include deposit, transaction, and withdrawal fees; non-custodial providers often have a different fee model with potentially lower fees.

4. Additional Considerations

When buying crypto, also consider the chosen platform’s:

  • Security: Look for providers with security measures, such as their licensing, their safety measures for customers, and whether they are a custodial or non-custodial solution.
  • Fees: Be aware of fees the platform has when selling, buying, or paying with cryptocurrencies. These can significantly impact your overall costs.
  • Supported Currencies: Ensure the platform supports your local fiat currency and the cryptocurrency you want to buy.
  • Supported Countries: Verify the platform supports your country and desired payment method.
  • User-Friendliness and Support: A user-friendly interface is important, especially if you’re new to crypto, as well as being able to access customer support if you need.

5. SwapinBuy: Buying Crypto Easily

As you’ve learned about different platforms and considerations for buying crypto in 2024, let us introduce you to SwapinBuy – a game-changer for individuals and businesses in the European Economic Area (EEA) and Switzerland looking to purchase cryptocurrencies with a bank account.

Here’s why SwapinBuy stands out:

  • Named IBANs: When you use SwapinBuy, payments from your bank account are made to a named IBAN issued in your name. This ensures that your transactions are smooth.
  • Security: Swapin ensures that your crypto purchases are deposited directly into the provided crypto wallet, enhancing control over your assets. With Swapin, you remain the sole custodian of your funds.
  • Flexibility: Whether you’re topping up your crypto wallet with a small investment or a substantial one, SwapinBuy accommodates a wide range of transaction volumes to meet your unique needs.

Try SwapinBuy today and experience the ease and security of crypto purchases.

Final Thoughts

In 2024, the crypto buying landscape offers various options to suit different needs. Whether you opt for a centralized exchange or a non-custodial provider like Swapin, the key is to choose a method that aligns with your investment goals, security needs, and regional requirements. Stay informed, prioritize security, and happy swappin’!

Remember that investing in cryptocurrencies carries risks, and it’s essential to do thorough research and understand the market before investing. This guide is for informational purposes and should not be considered financial advice. 


The cryptocurrency market is dynamic and subject to rapid changes. Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here. Follow us on social media for more updates from Swapin.

9 Tips for Choosing a Crypto On- and Off-Ramp for Your Project

Selecting the right crypto on- and off-ramp partner is a crucial decision that can significantly impact not just your Web3 platform’s operational efficiency, but also the trust and satisfaction of your users. Whether you are an exchange platform, an NFT marketplace, a play-to-earn gaming project, a wallet service, or a DeFi project, finding a reliable provider is essential. In this article, we will outline 9 key factors you should consider to ensure a seamless and secure crypto transaction experience for your users.

Ease of Integration

Straightforward integration is critical. Choose a solution that can be easily integrated into your platform without extensive development. Look for ramps that offer APIs to facilitate a smooth integration process.

Security Measures and Regulatory Compliance

The security of your customers’ funds and personal data is of utmost importance. Evaluate the on- and off-ramp provider’s licensing and ensure that they comply with necessary regulations in the jurisdictions they operate in. Additionally, check if they follow Know Your Business (KYB) and Anti-Money Laundering (AML) procedures. 

Custodial vs. Non-Custodial Solution

Consider whether the on-ramp and off-ramp provider offers a custodial or non-custodial solution. Custodial solutions manage user funds on behalf of customers, while non-custodial solutions give users full control over their assets. Choose the option that aligns best with your risk tolerance and security preferences.

Licence-Free Integration

Opt for crypto on-ramp and off-ramp providers that offer licensed solutions that alleviate the need for your Web3 platform to obtain separate licences. This reduces legal and administrative burdens, streamlining your operations.

User Experience

A smooth user experience and strategic integrations are indicators of a trustworthy crypto on-ramp and off-ramp solution. Evaluate the provider’s user interface (UI) and user experience (UX) to ensure it’s intuitive and easy to navigate. A complicated crypto ramping process can be a significant deterrent for users. The easier it is to use, the more likely users will engage with your platform.

Flexible Transaction Volumes

Look for providers that accommodate a wide range of transaction sizes. This flexibility is especially important for platforms with diverse user bases, catering to both small-scale and large-scale transaction needs.

Responsive Customer Support

Even with the most user-friendly ramps, issues can arise. Therefore, having access to responsive and competent customer support is crucial. Evaluate the level of support offered and read reviews on Trustpilot or Google or feedback from other businesses or individuals who have used their services to gain insight into their reliability and trustworthiness.

Additionally, assess the provider’s customer support channels and response times, whether they have email support, live chatbot on website, or offer support via other channels.

Transaction Speeds and Fees

In the fast-paced world of crypto, transaction speed matters. Evaluate the ramp provider’s transaction processing speed to ensure quick and efficient transfers, preventing delays that could cause inconveniences and frustration to your users.

Transaction fees can also add up quickly. Evaluate the cost-effectiveness of each ramp, considering both the fees for the user and the value it brings. A balance between reasonable fees and high-quality service is ideal.

Supported Currencies

A good crypto on- and off-ramp should support a range of cryptocurrencies and fiat currencies. Look for a partner that accommodates major digital assets like Bitcoin, Ethereum, and other popular altcoins to cater to a diverse range of customer preferences.

Additionally, check that the crypto off-ramp provider supports fiat currencies that fit your need and region, whether that’s EUR, or any other fiat currency. This allows your users to transact in their preferred currencies, enhancing their experience on your platform.

Why is SwapinWidget an Ideal Crypto On- and Off-Ramp?

SwapinWidget is designed to meet these criteria, establishing itself as a top choice for Web3 platforms wanting to serve their EU customers with a licensed on- and off-ramping experience. Offering secure, user-friendly, and efficient transaction solutions, SwapinWidget stands out with:

  • Easy Integration: No complex API or building from scratch is needed; integrate within hours with no onboarding fees.
  • Flexible Transaction Volumes: Users can make transactions from 5 EUR to 25k EUR, with bigger volumes available upon request.
  • Enhanced Security: Swapin is an EU-regulated and licensed, non-custodial solution for secure transactions.
  • Crypto and Fiat Coverage: Support for over 10 top cryptocurrencies and transactions in EUR across 36 SEPA countries
  • Built-In Compliance: End customer KYC is included, ensuring regulatory adherence.
  • Reputation and Trustworthiness: Swapin’s participation in MasterCard’s LIghthouse FINITIV Program, an impressive People’s Choice Award in Spring 2023, and great rating on Trustpilot with over 180 positive reviews reflect their commitment to customer satisfaction.

With SwapinWidget, you can choose between two integration options, a redirect link or an embedded iframe integration, based on your platform’s needs.

Final Thoughts

By considering these nine factors, you can confidently select an on- and off-ramp integration provider that aligns with your platform’s specific needs and objectives. With a secure, user-friendly, and efficient crypto buying and selling solution, you reinforce your position as a trusted brand in your industry.

If your requirements align with our solutions – choose Swapin. Implementing SwapinWidget into your Web3 platform can significantly enhance the crypto buying and selling experience for your users. 

For more details and to begin the integration journey, visit our website and contact our team via the form here. You can find our SwapinWidget API documentation here.


The cryptocurrency market is dynamic and subject to rapid changes. Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here.

Introducing SwapinWidget: Easy On- and Off-Ramp for Web3 Platforms


We are excited to announce the launch of SwapinWidget – our on- and off-ramp solution designed to effortlessly integrate with any Web3 platform, including exchanges, NFT marketplaces, dApps, and beyond. SwapinWidget is designed to simplify the way users transact with cryptocurrencies, offering a smooth experience for both buying and selling crypto.

Key Challenges in Web3 On- and Off-Ramps

In the Web3 space, the user experience often hits roadblocks, especially when dealing with cryptocurrency transactions. There are many challenges end users encounter when they need to buy or sell crypto while interacting with a Web3 platform.

  • Off-Ramp Obstacles: Often, users face the inconvenience of having to exit the app to complete their off-ramp transactions.
  • Slow and Complex Transaction: Users struggle with slow and multi-step transactions when off-ramping their crypto, which leads to delays and longer waiting times.
  • Security and Trust: When dealing with custodial solutions that hold customer funds, it can create the possibility of asset loss.
  • Solving Bank Compliance Issues: Banks often exercise caution with crypto-related transactions from crypto platforms or payment providers, leading to compliance inquiries when receiving money transfers from entities involved in crypto operations.
  • Transaction Limits: Many solutions serve relatively small transaction volumes, and moving hundreds of thousands of Euros may result in days of waiting for the transaction to be completed.

Why SwapinWidget is a Must-Have for Your Project

Swapin offers a simple, fast, and secure solution for both on- and off-ramp, ensuring that the end customer can complete any transaction they need to make within your Web3 project’s ecosystem.

Here are the benefits of choosing SwapinWidget as your on- and off-ramp solution:

  • Plug-and-Play Integration: Simple integration with no onboarding or integration fees, making SwapinWidget an easy addition to your platform.
  • Safe and Non-Custodial: Regulated by the EU, Swapin ensures the safety of customer funds and data without the need for custody.
  • Flexible Transaction Volume: From small transactions of 5 EUR to larger volumes of up to 10M EUR, we are capable of handling a wide range of transactions.
  • License-Free Integration: Utilize Swapin’s license, making the integration process hassle-free.
  • Crypto and Fiat Coverage: With support for over 10 top cryptocurrencies and transactions in EUR across 36 SEPA countries, we cater to a wide audience.
  • Fast Transactions: Majority of transactions are processed in under 5 minutes, demonstrating our commitment to efficiency.
  • Built-In Compliance: End customer KYC is included, ensuring regulatory adherence.

Who Can Benefit from SwapinWidget?

SwapinWidget solution is ideal for all types of Web3 projects that need crypto on- and off-ramping, such as:

  • Wallets: Enhance the user experience in crypto management.
  • DeFi Projects: Seamlessly connect DeFi and traditional banking.
  • Exchanges: Facilitate easy onboarding and swift cash-outs.
  • NFT Marketplaces and dApps: Offer comprehensive transaction options, focusing on your core offerings.
  • Metaverse projects and GameFi Platforms: Expand your transaction capabilities within virtual worlds and gaming platforms. 

SwapinWidget On- and Off-Ramp Integration

You can choose between two integration options, a redirect link or an embedded iframe integration, based on your platform’s needs. Our comprehensive partners support includes personalized assistance from a dedicated account manager, ensuring a smooth integration process. The KYB (Know Your Business) verification is straightforward, aimed at establishing a secure and compliant partnership.

Transforming Web3 Payments Experience

SwapinWidget is not just another product; it’s an innovative solution for Web3 platforms, enhancing both the efficiency and user experience of your project. It’s a strategic partner that bridges the gap between cryptocurrency and traditional banking, and makes digital asset management more accessible and user-friendly.

Ready to elevate your platform’s users’ on- and off-ramping transaction experiences? For more details and to begin the integration journey, visit our website and contact our team via the form at the end of the page here. You can find our SwapinWidget API documentation here.


The cryptocurrency market is dynamic and subject to rapid changes. Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here.

How to Buy Bitcoin as a Company: Crypto Investment for Businesses

Momentum in Bitcoin and crypto is undeniably building. Recent developments, including  the buzz around the potential approval of Spot Bitcoin ETFs in the U.S. and the launch of Europe’s first Spot Bitcoin ETF by Jacobi Asset Management, have significantly contributed to the rise in value and interest in buying Bitcoin and other cryptocurrencies. This has sparked a surge in institutional interest, indicating a growing acceptance and integration of these digital assets into mainstream finance. 

However, for many companies stepping into crypto investments can still seem a daunting and complex process. In this guide, we will simplify the process of investing in Bitcoin and other cryptocurrencies for businesses, offering insights why and how to buy bitcoin as a company. Read on to find an easy fiat to crypto solution tailored specifically for businesses looking for a secure, simple and trusted way to enter the crypto market.

Why Should Your Business Invest in Crypto?

The question on many business leaders’ minds is: “Is Bitcoin a good investment for us?” The answer largely depends on your company’s investment strategy, financial objectives, and risk tolerance. Despite the cryptocurrency market’s inherent volatility, the reasons for businesses to consider investing in cryptocurrencies are compelling. Cryptocurrencies offer portfolio diversification beyond traditional assets to spread risk and potentially increase returns. It can position businesses at the forefront of financial innovation and technology. Additionally, Bitcoin’s role as a hedge against inflation and currency devaluation, together with its increasing mainstream acceptance and recognition, makes it an attractive investment for forward-thinking companies.

As of November 2023, multiple publicly traded companies have significant exposure to Bitcoin. Some of the most notable include MicroStrategy with 158k BTC valued $6 billion, Tesla with 10k BTC valued $400 million, and Marathon Digital Holdings with 13k BTC valued $500 million (CoinGecko).

How to Buy Bitcoin as a Company: The Basics

Investing in Bitcoin as a company involves a few fundamental steps:

1. Setting Up a Corporate Crypto Wallet: The first step is to create a crypto wallet for your business. This wallet will hold your Bitcoin, Ethereum, or other cryptocurrencies, and needs to be secure and reliable. We have an in-depth guide on how to choose the right crypto wallet for your needs and a list of best wallets in 2023 here.

2. Choosing a Crypto Provider: Select a reputable cryptocurrency exchange or service provider that offers corporate services. Ensure that the provider complies with regulatory standards and offers security measures. Whether it’s a centralized exchange (CEX), decentralized exchange (DEX), or non-custodial payment providers like Swapin, consider factors such as security, fees, available cryptocurrencies, user-friendliness, and customer support.

3. Understanding Compliance and Taxation: Familiarize yourself with the legal and tax implications of holding and transacting in Bitcoin in your jurisdiction. It’s often advisable to consult with legal and financial experts in this area.

Swapin: Simplifying Crypto Investments for Businesses

SwapinBuy is an ideal solution for businesses looking to venture into cryptocurrencies. We offer a user-friendly platform tailored to your needs to make the process of buying Bitcoin and crypto simple, secure, and smooth.

Benefits of Using SwapinBuy for Business Transactions

SwapinBuy provides several advantages:

  1. Regulatory Compliance: Swapin operates in full compliance with EU regulations, ensuring that your business’s crypto transactions are legal and transparent.
  2. Security and Reliability: Swapin prioritizes the security of your investments, employing advanced security protocols to safeguard your assets and data. Ensuring that your crypto purchases are deposited directly into your designated crypto wallet.
  3. Named IBANs: When you use SwapinBuy, payments from your business bank account are made to a named IBAN issued in your company name. This ensures that your transactions are smooth.
  4. Flexible Volumes: SwapinBuy supports a wide range of transaction volumes, from 5 EUR to 10M EUR, accommodating diverse business needs.
  5. Dedicated Support: Swapin provides dedicated support to address any queries or concerns that your business might have, ensuring a smooth investment journey.

How to Buy Bitcoin using SwapinBuy?

Now that you know why SwapinBuy is the solution for hassle-free crypto purchases, let’s walk through the steps to buy Bitcoin and other cryptocurrencies with your business bank account. 

  1. Sign Up: If you’re new to Swapin, start by signing up for a business account.
  2. Complete KYB: Once logged in and completed our KYB (Know Your Business) process, you can navigate to SwapinBuy section and click “Buy Crypto” button.
  3. Choose desired crypto: Select the cryptocurrency you want to buy (BTC, ETH, or USDT) and enter the amount of Euros (EUR) you want to spend.
  4. Transfer process: Transfer fiat from your bank account to a provided Named IBAN issued in your business’ name.
  5. Receive crypto: Once Swapin receives your fiat payment, it will be promptly converted and sent to the provided wallet. If your bank supports Instant SEPA, the process can be completed in just a few minutes. In other cases, it may take up to 1 business day.

Security Measures to Protect Your Business’s Investment

Security is paramount when managing cryptocurrencies. Ensure to never share private keys, use strong passwords, double-check links before clicking, and stay vigilant against phishing scams. You can find a fully detailed guide on Web3 safety, to secure your crypto wallet and transactions with our best tips in this article here.

Conclusion: Embracing the Future of Finance

The growing institutional interest in Bitcoin and Ethereum, coupled with the increasing availability of crypto-focused financial services, signifies the potential of crypto investments for businesses. By understanding the market, securing your investments, and using innovative solutions like SwapinBuy to buy bitcoin as a company, your business can safely and easily step into the world of digital currencies. By embracing cryptocurrencies businesses are not only diversifying their portfolios but also positioning themselves at the cutting edge of financial innovation. 

Stay Ahead with Swapin

To discover more about how your business can effectively enter the crypto investment landscape with SwapinBuy, visit our website here. Stay ahead in the dynamic world of cryptocurrency and join the growing number of businesses leveraging Swapin’s innovative solutions for their investment needs.

Remember that investing in cryptocurrencies carries risks, and it’s essential to do thorough research and understand the market before investing. This guide is for informational purposes and should not be considered financial advice.


The cryptocurrency market is dynamic and subject to rapid changes. Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here.

Swapin’s Roadmap: Innovative Payment Solutions Between Crypto and Banks

Since Swapin’s inception in 2017, we’ve been at the forefront of bridging the gap between cryptocurrencies and traditional banking. Today, we are excited to share with you an in-depth look into what we have developed in the last 2 years, Swapin’s roadmap for the near future, and we invite you to tell us what you’re looking forward to most from Swapin. So let’s dive in.

2022: Laying the Groundwork

  • Revamped Swapin Web App Launch: Redesigned interface to enhance your user experience with advanced backend optimizations for smoother accessibility and transaction processes.
  • Affiliate Dashboard Introduction: To allow our business partners to track and manage their contributions and rewards effortlessly
  • Expansion to 10+ Cryptocurrencies Supported: Supporting transactions with more than top 10 cryptocurrencies, including Bitcoin, Ethereum, LTC, USDC, and USDT, across 6 blockchains, ensuring wide variety of supported coins for your crypto off-ramping needs.
  • Web3 Wallet Integration: Now you can connect your crypto wallet via Connect Wallet button for easy and quick transaction process experience. Swapin solution seamlessly integrates with leading Web3 wallets, including Metamask, Ledger, Trust Wallet, Argent, Crypto.com, Exodus, and Rainbow.

Swapin’s developments in 2022 Q2-Q4

2023: Leveling Up Your Experience

  • Easier KYC Process: Your security is important to us, and so is your time. We introduced a tech solution for ensuring user identity security, without compromising user experience. You can complete your Starter Level identification in less than 2 minutes and begin using Swapin solutions, powered by industry-leading verification provider Veriff.
  • VASP License Renewal: Swapin continues to operate as a fully licensed, non-custodial payment provider in the EU under the license FVT000088, affirming our commitment to trust and compliance.
  • The Launch of SwapinCollect: Empowering traditional businesses to accept crypto payments from their customers via an easy payment link while they receive fiat directly in their business bank account.
  • Enhanced Transaction Security with HAWK.AI: We partnered with innovative AI monitoring to ensure every transaction’s security and compliance. Additionally, we work with other trusted risk management and crypto compliance solutions, such as Namescan and Valega, to ensure the safety of your transactions and personal data.
  • Wallet Connect 2.0 Update: We upgraded to the newest version for an even smoother connection with your Web3 wallet.
  • Swapin Partners API Initiative: We began creating documentation and API development for Swapin Partners API.
  • Introduction of Swapin’s Named IBANs: We launched Named IBANs to customers in EEA and Switzerland, allowing you to on-ramp with ease when purchasing cryptocurrencies.
  • SwapinBuy Official Release: Now you can easily buy cryptocurrencies (Bitcoin, Ethereum, and USDT) with EUR straight from your bank account using SwapinBuy.
  • SwapinWidget Beta Introduction: We’ve introduced an easy plug-and-play integration for buying and selling cryptocurrencies to a select few Web3 platforms for their end users. Stay tuned as we reveal more about this newest solution by Swapin.

Swapin’s developments in 2023 Q1-Q4

2024: What’s Ahead?

  • Expanding SwapinWidget Partnerships: Next year, our goal is to partner with over 50 platforms for SwapinWidget. You can find our SwapinWidget integration documentation here.
  • Open Banking integration: We will implement Yapily integration for easy on-ramps with open banking.
  • SWIFT/USD Transactions Support: We plan on introducing SWIFT, expanding beyond SEPA to offer you more international payment options and diversity our fiat currency options by incorporating USD for your crypto on-ramping and off-ramping needs.
  • Card Payments Integration: In our continued effort to bridge traditional finance and crypto, soon you will be able to use card payments for your crypto purchases.
  • Increasing Swapin Support: We are extending Swapin’s support team to provide both App and SwapinWidget customers better customer experience. 
  • API Development and Expansion: Our next milestone is to offer not only SwapinWidget, but also custom white-label on- and off-ramp solutions to our partners. You can find our Partners API documentation here.

Swapin’s planned developments in 2024 and beyond

Your Voice Matters

We’d love to hear from you. While we’ve shared our vision and upcoming plans, the stage is now yours. What’s a feature you’d be most excited to see from Swapin? Your feedback shapes our journey, so make sure to voice it.

Share Your Most Anticipated Feature Here

Our aspiration is to become the foremost European influencer in shaping the future of Web3 payments, where cryptocurrency transactions are as simple and widespread as traditional currency payments. With continuous innovation, we are striving to provide seamless solutions for transactions between crypto and banks that allow smooth crypto buying and selling for our customers.


The cryptocurrency market is dynamic and subject to rapid changes. Stay informed by subscribing to our weekly industry updates newsletter on LinkedIn here, and joining our community on Telegram here.