Swapin Adds Support For DAI Stablecoin, Expands List Of Cryptocurrencies

As part of the Swapin roadmap for 2022 and 2023, the company has sought to expand the list of digital assets we support for instant conversion into fiat. 

We are proud to announce support for yet another new crypto asset, the DAI stablecoin. 

Here is what you need to know about DAI support in Swapin solutions. 

Swapin Adds Support For DAI Stablecoin To All B2B & B2C Solutions 

Swapin currently supports a growing list of more than ten of the most popular digital assets in the crypto industry today. Beginning immediately, DAI will be added to the list of supported cryptocurrencies. 

When using Swapin B2B and B2C solutions, be sure to view the list of supported crypto assets and select DAI from the list to convert DAI into fiat currencies like EUR and GBP. 

Fiat currencies are then instantly transferred to a connected bank account like all Swapin crypto-to-fiat solutions. 

What Is DAI, And What Are Stablecoins?

DAI is an algorithmic stablecoin on the Ethereum blockchain developed by the Maker Foundation. The DAI stablecoin seeks to maintain a value in parity with the United States dollar by leveraging smart contracts.

DAI joins other top stablecoins like Tether, USD Coin, and Service Coin, in addition to cryptocurrencies like Bitcoin, Ethereum, and more. 

Swapin recently added GBP support on the fiat conversion side of our services. Other important forward-looking milestones from the roadmap include the debut of InstaBuy and a virtual IBAN implementation. We will also add support for additional cryptocurrencies. 

Stay Tuned For What’s Next From Swapin

Stay connected to the Swapin blog for more updates on upcoming Swapin roadmap milestones. You can also follow Swapin on Facebook, Twitter, Telegram, or on LinkedIn.

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! Be sure to also check out the Swapin app and make your first deposit today to access the future of finance. 

InstaBuy Preview: A First Look At Swapin’s Upcoming Crypto-Purchasing Tool

The Swapin blog is always the best official channel to follow for the latest company or roadmap developments or new product announcements. Today, we are proud to offer a first look preview at Swapin’s upcoming crypto-purchasing tool: InstaBuy.

Swapin Sets The Stage For Another Roadmap Milestone

The Swapin team is ready for yet another major milestone, and will soon launch the much-anticipated InstaBuy crypto-purchasing tool. InstaBuy will join the Swapin lineup in the coming months, and will be featured in the Swapin app in addition to the existing lineup of InstaFill, InstaPay, and Predefined payments.

Swapin also has redefined the way businesses approach the crypto audience, with the easy-to-implement E-Com plug-and-play ecommerce widget and CoinCollector – a way for customers to pay with crypto with a pre-filled payment link. All Swapin B2B tools seamlessly convert crypto-to-fiat and deposit it into a corporate IBAN account.

Introducing InstaBuy: A First-Look Preview

The InstaBuy solution will allow Swapin users to purchase top cryptocurrencies using a debit card or credit card. Swapin’s list of supported cryptocurrencies includes:

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

The process is simple. Visit the Swapin app and find InstaBuy in the header section. Click InstaBuy and on the next page select the cryptocurrency you would like to purchase and the amount in fiat you would like to spend on digital assets. The InstaBuy tool will calculate the exchange rate and display the information for the customer to confirm before proceeding with the purchase.

After confirming all of the information is correct, begin the next steps to enter payment information. Swapin is a trusted, licensed financial services provider established in Europe, utilizing cutting edge security measures to keep customer funds safe. Once the transaction has been processed, a confirmation will display and the transaction will be added to the History section of the Swapin account.

Stay Tuned To The Swapin Blog For Launch Details

Stay tuned to the Swapin blog for more information on the upcoming InstaBuy tool and details of its highly anticipated launch. You can also follow Swapin on Facebook, Twitter, or on LinkedIn.

Be sure to also 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!

Swapin Adds GBP Currency Support To B2C Solutions

When we announced the Swapin company roadmap for 2022 and 2023, we set our sights first on enabling support for GBP in addition to EUR. Other important forward-looking milestones from the roadmap include the debut of InstaBuy, new crypto asset support, and a virtual IBAN implementation. 

We are proud to reveal that GBP support is now live across all Swapin B2C products and services. 

The Swapin Guide To All-New GBP Support

Starting today, Swapin users can specify between receiving and sending EUR or GBP when using either InstaPay or InstaFill. GBP support will also be available for InstaBuy when the new tool for instant crypto purchase launches later this year. 

Selecting between EUR or GBP settlement will update the exchange rate calculation to reflect the chosen fiat currency. Each type of fiat currency is also noted in the Swapin account history. 

When using InstaPay, the receiver you specify can now receive GBP or EUR — depending on the situation or need. If you rely on InstaFill to top up an account with cash, you now have the choice between GBP and EUR. 

Stay Tuned To Swapin Updates And Learn More

Be sure to stay connected to the Swapin blog for more updates on upcoming Swapin roadmap milestones. You can also follow Swapin on Facebook, Twitter or on LinkedIn.

Check out the Swapin app and make your first move today to access the future of finance. Swapin is a pioneer in crypto-to-fiat 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!

Meet The Swapin Team: Chief Product Officer Edward Rebane

Previously, we introduced the Meet The Swapin Team series with an interview featuring Swapin Founder and CEO Evald-Hannes Kree. Kree shared the story of his early beginnings in crypto and where the idea for Swapin came from.

In this latest iteration of the blog series, we are pleased to introduce Swapin’s Chief Product Officer, Edward Rebane. 

swapin com team CPO

How Swapin CPO Edward Rebane Joined The Swapin Team 

Edward Rebane worked previously on the Swapin team as Product Owner, joining in 2022, and quickly emerged as a clear innovator in the crypto field. Much like other Swapin team members, Rebane is a long-time crypto enthusiast dating back to 2018.

“It’s a great motivation to be part of the ambitious crypto fintech project as I have also been a crypto enthusiast since 2018,” Rebane explained. “I have a generally good feeling about crypto adoption in upcoming years, which makes the Swapin challenge even more enjoyable and exciting,” he added.

Rebane is now joined by executives such as CTO Joonas Honga, Head of System Operations Märt Varatu, AML & Legal Officer Julia Tarmisto, and Founder and CEO Evald-Hannes Kree. Advisors include Covesting CEO Dimitrij Pruglo, Estateguru CEO Marek Pärtel, Angel Investor Toomas Römer, and Bankish CXO Ian Kalla.

The Career And Impact Of Edward Rebane, Swapin Chief Product Officer

Prior to his work at Swapin, Rebane worked as a software development team leader, focused on corporate clients and building startups in the e-commerce business category. Rebane’s experience in this area and excellence in creating complex web-based solutions has been critical to successfully building Swapin B2B solutions such as E-Com.

The Swapin CPO also in the past co-founded Chilli, the Baltic region’s largest discount website and booking platform, adored by over two million loyal customers. There, Rebane helped propel the company’s early success, especially during the earliest stages as a Product Owner and Business Developer.

As Swapin’s CPO, Edward Rebane has led several key developments related to Swapin’s B2B and B2C solutions and was an integral part of the recent application refresh to better align with the company’s rebranding and ambitious company roadmap. 

Stay Tuned To Swapin Updates And Learn More

Recently, Swapin also announced it has raised €1.88 in investments, and it is thanks to the talented individuals and innovations going on behind the scenes, which we’ll continue to introduce as part of the Meet The Swapin Team blog series. Swapin executives are working hard to establish significant partnerships, such as working with RE/MAX and E-Jewels.

Stay tuned to the Swapin blog for more updates on additional partnerships, as well as a closer look at additional Swapin team members in the weeks ahead. You can also follow Swapin on Facebook, Twitter, or on LinkedIn.

Be sure to also 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!

The Benefits Of Swapin Affiliate Program For Business Partners

The Swapin brand is rapidly growing all across Europe and the globe, establishing significant partnerships with companies like RE/MAX, E-Jewels, and Aufort Gold, to name just a few. Businesses can dramatically increase revenue streams by tapping into the cryptocurrency audience using innovative B2B solutions.

But businesses can also benefit from Swapin another way: through the Swapin Affiliate Program. This article will explain all the key features of the program that are attractive to companies of all sizes.

What Is Swapin?

To start, Swapin is a trusted and regulated finance company focusing on crypto-to-fiat payments that are secure, legally compliant, and convenient for users of all kinds. Swapin has a wide range of B2C and B2B solutions and just introduced the first look at its InstaBuy crypto-purchasing tool.

The new InstaBuy tool is just one of the features that businesses can promote to take advantage of the Swapin Affiliate Program and earn extra revenue and income from any users referred to the platform.

Why Join The Swapin Affiliate Program?

Swapin offers businesses a way to drive stable earnings by introducing other companies and individuals to the Swapin platform and family of products and services. Up to a 25% revenue share is offered for some of the highest commissions in the industry.

The Affiliate Program is easy to get started! Become a partner by signing up with a Swapin business account and get an affiliate link to share. Invite users or drive click-throughs via websites, social media, YouTube videos, or elsewhere. If the user signs up, you earn a profit share from every transaction the invited user makes.

How Does Swapin Benefit Business Customers?

Swapin is easy to promote due to the extremely high demand for convenient crypto-to-fiat services. Swapin offers instant payouts and withdrawals of earnings in crypto or to a corporate IBAN account.

The Swapin Affiliate Program also provides business partners with five-star customer support and robust reporting to track performance and review metrics or payment history. Swapin solutions are ideal for advertising to e-commerce websites, crypto miners, NFT artists, DeFi farmers, real-estate developers, project foundations, luxury goods dealers, and more.

Get The Swapin Affiliate Program Today

To sign up for the Swapin Affiliate Program or to learn more, visit the official Swapin website. Be sure to also check out the Swapin app and familiarize yourself with the product lineup – the more you know, the more your revenue will grow as a result!

Swapin Research: The Future Of Real Estate Transactions With Crypto

A recent partnership between Swapin and real estate giant RE/MAX has the cryptocurrency community pumped and thinking ahead of what the future of real estate transactions may hold when combined with the power of crypto. 

The latest Swapin Research compares the growing crypto industry with the positively enormous real estate market and the incredible promise and disruptive power of the internet. 

Here is what you need to know about Swapin solutions, the monumental RE/MAX partnership, and the future of real estate transactions using cryptocurrencies. 

How The $1 Trillion Crypto Market Can Change The $350 Trillion Real Estate Market

According to Swapin research, the global real estate market is one of the largest and most important in the world, worth more than $350 trillion in value. The investment class has seen exponential growth in the United States, China, Europe, and elsewhere globally. 

Today, the total cryptocurrency market capitalization is worth roughly $1 trillion by comparison. Although the value might seem insignificant in absolute dollar terms, it represents tremendous growth potential in the emerging asset class. Investors have reaped the benefits of real estate growth for hundreds of years, while cryptocurrencies have barely been around for over a decade and are only just getting started. 

When the new payment technology eventually reaches its potential, it could also have a transformative effect on the real estate industry, which is why the RE/MAX and Swapin partnership is such a significant milestone event for both sectors and beyond. 

How The RE/MAX And Swapin Partnership Is The First Major Step Toward Change

The partnership has RE/MAX leveraging Swapin’s CoinCollector technology. Using CoinCollector, customers receive an easy-to-use crypto payment link with pre-filled information to make the experience simple. Exchanges can be fulfilled to buy residential or commercial real estate globally in a few clicks. 

All Swapin solutions instantly convert cryptocurrencies into fiat, which is connected directly to a business bank account. Swapin handles the conversion process immediately and without a need for crypto-focused accounting or compliance — Swapin takes care of it all. 

The frictionless process only takes seconds from start to finish. RE/MAX or whatever business that is utilizing the tool never has to hold crypto — the crypto is converted seamlessly and integrated into the realm of traditional finance. 

Get A Closer Look At The Innovative Swapin Solutions Offered Today

CoinCollector and E-Com represent the B2B segment of the company’s crypto-to-fiat products and services. There are also several innovative B2C tools, which include InstaFill, InstaPay, and Predefined Payments. 

InstaFill lets users connect a bank account to a unique Swapin crypto wallet. The moment any crypto assets hit that wallet, they are instantly converted to fiat currencies and sent to the associated bank account. 

InstaPay allows users to pay anyone at any time using crypto that is instantly converted into fiat. Predefined Payments lets users make recurring InstaPay transactions with easy-to-use templates. Cover monthly bills like rent, utilities, internet, and more.  

See For Yourself What Swapin Is All About

The cryptocurrency market still comes with many barriers and gaps that are left for innovative companies to fill. Swapin solutions are doing just that for major brands in significant consumer segments like real estate, luxury goods, and much more.

To see for yourself what Swapin is all about, be sure to visit the official website or try the app today.

New Swapin App Released, Enhanced Convenience For Corporate Clients

When Swapin revealed its updated development roadmap several weeks ago, among the many milestones we have planned in the months ahead, we anticipated releasing an application update before the end of Q2.

We are proud to reveal that the new app update is now live, improving the entire user experience and interface as a whole, with an added focus on enhancing the convenience for corporate and business clients during onboarding.

New App Design Now Live, Redesigned User Interface

The Swapin app has received a visual redesign to better align with the recent rebranding from Piixpay to Swapin and to best reflect our ambitious company roadmap. The user interface and experience have been thoroughly upgraded for increased usability and simplicity. Great care has gone into making the experience smoother for all users.

The Swapin app is the gateway to our lineup of innovative B2B and B2C services, making it a critical focus of our development teams. Further app updates and improvements are planned for the future. 

B2B solutions include the E-Com e-commerce widget and CoinCollector – a tool that allows invoice-based businesses to issue a payment link with payment information pre-filled for ease of use. Connecting to the crypto audience is proven lucrative for luxury brands or companies dealing with high-price assets like real estate, cars, or gold.

B2C solutions include InstaPay and InstaFill, enabling users to make recurring, predefined payments, pay bills, rent, utilities, and more, or send one-off payments to landlords or service providers. Such services can also be used to pay employee salaries or daily corporate expenses.

Improved Business Onboarding Process Benefits Corporate Clients

Prior to the latest app update, opening a business account with Swapin required an active email exchange with an account representative, causing unnecessary delays and back and forth conversations. The new Swapin app now features an easy-to-use online form for opening business accounts, making the onboarding process quick and straightforward. 

At the convenience of the business, users can access an online form and complete the required AML/KYC process and any associated account verification steps. After the account is verified and the onboarding process is completed, business users can instantly take advantage of Swapin B2B and B2C crypto-to-fiat payment tools.

Businesses benefit from avoiding the overhead and risk related to accepting cryptocurrencies. Volatility, compliance, and more are all handled safely by licensed Swapin tools. Any crypto payments made using the B2B solutions offered by Swapin are immediately converted to EUR and transferred to a connected IBAN account.

Current Swapin business partners include real estate company RE/MAX, investment firm Aufort Gold, luxury diamond retailer E-Jewels, and many more. Visit Swapin.com to learn more how Swapin B2B and B2C solutions can benefit your business.

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.

Stick with the official Swapin blog for more details on exclusive Swapin B2B and B2C solutions, as well as announcements of any new partnerships in the future. You can also follow Swapin on Facebook, Twitter, Instagram, 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!

Swapin’s Approach To AML/KYC Explained

Our mission to bridge the gap between crypto and traditional finance has been made beyond clear. And while we will continue to make that the primary message we convey as a brand, we also aim to raise industry standards around operating within a fully regulated environment and be ahead of the curve with crypto-related compliance.

Swapin is also a regulated European digital services provider and as a member of the greater financial community, will strictly adhere to recommendations and guidelines surrounding AML/KYC procedures and policies. Transparency is also an essential pillar of Swapin’s brand image, which is why we will be using this blog post to shed some light on our AML/KYC process.

How Swapin Sets To Raise Industry Standards Across The Board

Since the Swapin rebranding, revamped roadmap release, and successful €1.68M funding round, the company has been growing at a tremendous rate. The innovative lineup of B2B services is attracting partners like RE/MAX, Pax World, Aufort Gold, and E-Jewels, while B2C products are helping more consumers than ever before pay for everyday goods or recurring monthly bills.

As a fully regulated European financial entity, a member of the Estonian Chamber of Commerce and Industry, and a Swiss Crypto Valley Association member, Swapin takes its responsibilities extremely seriously. Business customers complete an onboarding process, while individuals are subject to identity verification as part of Swapin’s AML/KYC process.

What Is AML/KYC? AML/KYC Procedures And Policies Explained

AML stands for “anti-money laundering,” and KYC is an acronym for “know your customer.” Each represents a slew of laws, regulations, policies, and procedures aimed at uncovering the flow of illicit funds. These two policies go hand and hand and require the verification of personal details such as identification, address, employment, and more. 

These policies are put in place across all members of the international financial community to ensure the safety of all participants and target crimes such as tax evasion, human or drug trafficking, and the funding of terrorist organizations. Annual money laundering flows are estimated to be over $1.6 trillion per year.

How Swapin Approaches AML/KYC For Its Customers

Customer due diligence is a necessary piece of the KYC process. Financial institutions like banks, brokers, or digital asset providers, must screen new customers. Swapin’s AML/KYC process was designed to be as minimally invasive as possible, requiring only a few critical steps. The entire process only takes a few minutes unless Swapin’s verification team cannot legibly make out the verification documents provided. Customers can try again immediately if this occurs.

The Swapin AML/KYC process will require identity verification, as well as address verification. Supporting documents such as a utility bill, mortgage payment, tax bill, etc., are acceptable forms of address verification. Additional information may be requested, such as income levels, employment information, and how much capital you intend to deposit. Swapin reserves the right to update the AML/KYC policy at any time to ensure ongoing compliance with global financial regulators. 

Get Verified And Follow Swapin

With the AML/KYC verification process complete and all information verified, you can now use everything that Swapin has to offer and take advantage of the future of finance! Crypto-to-fiat payments become possible in just a few clicks with our innovative B2B and B2C solutions.

For more information regarding Swapin’s license and regulatory status, you can visit the Swapin About Us page. Stick with the official Swapin blog for more details on exclusive Swapin B2B and B2C solutions, as well as announcements of any new partnerships in the future. You can also follow Swapin on Facebook, Twitter, Instagram, 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!

Swapin: Our Story So Far & A Look At What’s Next

Swapin, today, is hard at work revolutionizing the crypto-to-fiat payments segment. But the company’s roots began many years ago, and much like the rebranding from Piixpay to Swapin, there have been many significant transformations along the way of the long journey.

These transformations have occurred within the Swapin team, roadmap, and even across the crypto and finance industries themselves. In this latest blog post, we are taking a walk down memory lane to tell the story of Swapin so far. We will also reveal a taste of what to expect next from our expanding lineup of innovative B2C and B2B solutions.

Early Beginnings: Explaining Swapin’s Deep Crypto Roots

Swapin founder and CEO Evald-Hannes Kree got his start in the cryptocurrency industry in 2013. As an early pioneer in crypto, together with his partner, Kree launched a mining facility in 2014. Profits began to grow, and that’s when the first seeds for the idea that eventually became Swapin were planted.

Kree and his partner couldn’t hold only crypto profits, as there was a need to pay bills and expand operations. Business partners and vendors didn’t accept crypto at the time, so there was no other choice but to cash out crypto into euros. The duo used exchanges to convert funds, but orders filled slowly, leaving them susceptible to market volatility and exposed to potential losses. 

This is how the idea for Swapin, formerly Piixpay, was born. Kree and his partner realized that there was serious demand for a simple crypto-to-fiat solution that anyone could use. The goal is to bridge the gap between crypto and traditional finance for once and for all.

Overcoming Challenges: How The Finance Industry Has Changed

Despite the clear need for such a solution to exist, many significant challenges were faced. For example, banks today aren’t always willing to work with crypto-based businesses, and crypto today has gone mainstream. Back when Swapin was being built, few banks even knew what crypto was, let alone were willing to give out a business loan to related businesses.

From there, undeterred, Kree led Swapin to become the first-ever startup from Estonia to attend the StartupYard Seed Accelerator program. The program provided early connections with investors to establish critical strategic relationships and invaluable learnings from industry mentors.

In the years that followed, these connections brought Swapin resounding success as part of a funding round that raised €1.68M. The funding round also attracted several well-known investors and industry figures –– such as Estonian tech visionary Taavi Kotka, former Plumbr CEO Ivo Mägi, EveryPay founder Kristjan Novitski, and Covesting founder Dmitrij Pruglo –– who have enlisted on the Swapin board.

Current Focus: Partnerships And Expansion

The news of the funding round, along with these essential connections, are already opening new doors for the renewed and refreshed Swapin brand. Swapin is proud to reveal that it has established several key partnerships with reputable brands across real estate, jewelry, luxury goods, and investments. 

Partners include RE/MAX, Pax World, Aufort Gold, and E-Jewels. The list is constantly growing, and Swapin is working to bring in additional merchants and businesses who seek to reach the crypto audience using B2B solutions like E-Com and CoinCollector. Customer behavior data shows that crypto users are more likely to spend crypto profits in these consumer categories.

E-Com and CoinCollector allow these world-renowned businesses to invoice customers in crypto yet accept fiat –– or integrate a crypto-accepting e-commerce widget into their online storefronts. All Swapin solutions are instantaneous, send an equivalent amount of fiat to a connected bank account, and all without the risk of crypto market volatility or the headaches of crypto accounting.

What’s Next: Upcoming Swapin Roadmap Milestones

In addition to the B2B products above, Swapin also offers B2C tools like Instafill and Instapay. Each tool allows users to pay for goods and services in crypto, while the merchants themselves receive fiat.

Swapin has several new upcoming products, services, and solutions prepared as part of an ongoing company development roadmap. A recent blog post provided an in-depth look at the 2022-2023 roadmap, which includes multi-currency support for GBP (in addition to EUR), an Electronic Money Institution license, and a virtual IBAN implementation. 

Instabuy is yet another B2C tool on the way that will be released before the year is over, according to the roadmap. Instabuy lets users purchase any major cryptocurrencies in just a few clicks. The list of cryptocurrencies is continually growing, with expansion planned for Q3 2022.

Follow Swapin Official Channels For More Updates

Stay tuned to the Swapin blog for more details on when to expect these exciting roadmap updates to become available. You can also follow Swapin on Facebook, Twitter, Instagram, 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!

How Swapin & CoinCollector Is Helping E-Jewels Connect With Crypto Users

Swapin solutions offer a diverse range of benefits to both B2C and B2B segments. Both categories are areas where Swapin sees extensive expansion opportunities and are top priorities in the updated company roadmap.

As part of our continued efforts to bridge the gap between digital assets and traditional worlds, we are proud to reveal a new partnership with premier online luxury jewelry retailer E-Jewels. The exclusive partnership allows E-Jewels to leverage the power of CoinCollector, and, soon, the E-com widget.

All About E-Jewels And Why They Chose To Partner With Swapin

E-Jewels is one of the largest luxury diamond retailers in all of Europe. The company is known for its pristine cut and near-flawless diamonds set in a variety of precious metals. The website offers everything from diamond rings to necklaces, bridal sets, and more. 

E-Jewels CEO Henrik Hald noticed the constant requests from customers asking to pay for high-end luxury items with crypto assets. Hald also couldn’t ignore the fact that the demand was coming from all over the globe. “Cryptocurrencies are fast, borderless, and secure, making them increasingly a preferred way of doing business – in particular when it comes to luxury items,” he explained.

“We wanted to find a way to respond to all of this demand, but there wasn’t yet an easy way to accept crypto from our customers,” said the E-Jewels CEO. “Monitoring client behavior indicates that they are more likely to purchase luxury items like a Rolex or diamonds, for example, with crypto profits,” Hald added.

How Swapin Solutions Help Brands Become Trendsetters

Among the company’s many goals, Henrik Hald wanted to make E-Jewels a leader in connecting traditional worlds like diamonds and gold jewelry with the innovative crypto technologies of today.

That is where Swapin solutions came into the conversation. E-Jewels is leveraging Swapin’s CoinCollector technology which allows businesses to accept cryptocurrencies that are immediately converted into EUR and transferred into a merchant’s bank account without all the fuss and frustration related to accounting, and conversion rates, or regulatory compliance.

With two primary locations in Tallinn, Estonia, and Denmark, Copenhagen, E-Jewels can now reach customers from across the globe using CoinCollector. “Swapin solutions allow us to create revenue streams we couldn’t previously reach due to distance or because there wasn’t previously an easy way to accept cryptocurrencies from our customers,” E-Jewels CEO Henrik Hald said about the partnership. “We are excited to leverage E-Com in the future along with whatever Swapin comes up with next,” he added.

Swapin Solutions Explained: The Best In B2C And B2B Services

Swapin also offers several B2C products – Instafill, Instapay, and soon, Instabuy – as well as another B2B product called E-Com. E-Com is an all-in-one crypto-accepting e-commerce solution. It allows businesses and merchants to quickly and easily implement a payment widget into any website or online storefront and accept cryptocurrencies from eager customers. Best of all, Swapin converts these funds into EUR and deposits them to the merchant’s bank account in the blink of an eye.

“E-Com is just like the classic e-commerce checkout process, but with crypto. Instead of selecting a credit card, choose a coin and complete the simple steps of the checkout process,” explained Swapin CEO Ewald-Hannes Kree. The service is designed to make it easy for businesses as well as their customers, with plenty of flexibility for both.

“With this service, we’re also supporting popular merchants plugins, such as WooCommerce, Magento, and Shopify,” continued Kree. “Competitors usually solve just one problem,” he explained, adding, “Swapin solves three at once.”

“The first problem we address is creating a bridge between crypto and bank accounts, so funds move from crypto to EUR in a flash. The second problem we solve is volatility risk – merchants will always receive the amount of money they expected and don’t have to deal with the constant fluctuations of cryptocurrency prices. Finally, we solve the accounting issues for businesses and keep track of all cryptocurrency transactions in the Swapin dashboard, Kree outlined.

“We are excited to bring these solutions to E-Jewels as part of our ongoing partnership,” said the Swapin CEO.

Stay Tuned To Swapin Official Channels

Stay tuned to the Swapin blog for more updates on other exciting Swapin partnerships and more in the weeks ahead. You can also follow Swapin on Facebook, Twitter, Instagram, 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!