Swapin B2B Solutions Explained: Your Guide To CoinCollector

July 21, 2022

A large number of companies and individuals are more often facing the challenges related to converting cryptocurrencies into fiat. Organizations are losing customers who do not want to transfer cryptocurrency to fiat. And those who start using the services of exchange services face considerable transaction fees and also spend much time on it.

It is now possible to convert cryptocurrency to fiat quickly and effortlessly, with crypto-to-fiat solutions for individuals and businesses from Swapin.

Swapin business tools like CoinCollector enable companies to issue invoices for cryptocurrency payments, with instant conversion into euros to a corporate IBAN account.

What Is CoinCollector?

This tool allows businesses and companies to issue invoices that can be paid using popular cryptocurrencies. Companies, in turn, will receive fiat directly to their corporate IBAN. 

When a company uses CoinCollector, it creates a unique link through which the client can pay with crypto. The following digital assets are available on Swapin:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Dash (DASH) 
  • Tron (TRX)
  • Service Coin (ESCT)
  • USDT ERC-20
  • USDT TRC-20
  • USDC ERC-20

When the cryptocurrency for payment is selected, the system will calculate the amount to be transferred automatically. The service will provide the user with the address of the crypto wallet to initiate the transfer. The amount will be locked for 30 minutes, helping to avoid the risks associated with the volatility of cryptocurrencies. When digital assets reach the address, the company will receive an instant payout to the bank account.

How To Get Started With CoinCollector

After receiving the issued invoice, follow the remaining steps to complete a form and send the payment.

Fill in the next fields:

  • Select the cryptocurrency
  • Specify the amount in EUR
  • Payment Description
  • Referral number (optional)
  • Contact Email
  • Confirm the validity of the entered data
  • Click “Proceed”

Next, make a transfer to the crypto address that you received from the Swapin.

Here you can check the filled fields in order to avoid mistakes. If everything is correct, you have 30 minutes to transfer crypto.

After the cryptocurrency arrives at the address provided by Swapin, the service will transfer euros to the recipient’s IBAN account.

Try The New App And Follow Official Swapin Channels

The new Swapin app is now live on the official website. Both individuals and businesses are invited to check it out. We hope business and corporate clients find the new online form system valuable and convenient.

Please keep checking back here at the official Swapin blog for more details on exclusive Swapin B2B and B2C solutions, a closer look at the Swapin team, and more features as they are announced. You can also follow Swapin on FacebookTwitterInstagram, or on LinkedIn.

Be sure also to try Swapin and make your first deposit today and access the future of finance. Swapin is a pioneer in crypto-to-payment solutions, catering to both B2C and B2B segments with a wide range of proprietary products and services. Click here for more information about Swapin or to join the Swapin team!