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.

Swapin Solutions Explained: Your Guide To InstaFill

As we continue our new series of blog posts focusing on providing short guides on how to use various Swapin B2B and B2C solutions, we are next putting the spotlight on InstaFill. With greater education, we are confident that users across Europe and worldwide will recognize the convenience, quality, and benefit of Swapin’s products and services.

Please check out our InstaFill User Guide and see for yourself how easy the tool is to use.

What Is InstaFill? Instant Crypto-To-Fiat Conversion

InstaFill is an innovative solution that allows users to automatically transfer personal crypto assets instantly into euros which arrive at a connected bank account. Users must link a personal Swapin crypto account to a connected IBAN. Each time fiat currency is needed for whatever reason, simply make a deposit to your personal crypto account on Swapin and receive an instant fiat transfer to your bank account. It is that simple.

How To Use InstaFill

To begin using InstaFill instant crypto-to-fiat solutions from Swapin, visit the Swapin app.

InstaFill connects a user’s crypto wallet address with their bank account.​ Every time the crypto wallet receives cryptocurrency, Swapin automatically converts it and sends EUR to the specified bank account. The InstaFill solution is also suitable for miners, NFT artists, or crypto companies that need to partially convert crypto revenue into fiat currency.

To take advantage of the instant convenience and convertibility from crypto-to-fiat offered by InstaFill, go to the website header and click InstaFill and then Create new.

Fill in all necessary fields:

  • InstaFill name
  • Select coin
  • Beneficiary’s name
  • Beneficiary’s IBAN
  • Beneficiary’s address
  • Click Continue

Swapin will connect the specified crypto account on the platform to the user’s related IBAN. As soon as funds hit the associated crypto account on the platform, the funds will be automatically converted into eures and transferred to the bank account. After that, each cryptocurrency address will be linked to a specific IBAN for recurring use.

InstaFill isn’t just for consumers. Crypto businesses can also use InstaFill for petty cash or to send fiat to a bank account to pay for business-related transactions and needs.

Using InstaFill, users will receive the entered amount of euros regardless of crypto volatility. The process is instant and Swapin fixes exchange rates while the InstaFill order is processed. Swapin handles the crypto-related challenges for businesses and consumers alike.

Try The New App And Follow Official Swapin Channels

InstaFill is only one of the many innovative solutions Swapin is bringing to the market for B2B and B2C users, solving some of the most critical challenges the crypto market faces and bridging the gap between crypto and the world of traditional finance. Check out InstaFill today using the Swapin app.

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 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 Solutions Explained: Your Guide To InstaPay & Predefined Payments

As Swapin grows and expands across Europe, we aim to not only market and promote our products and services to businesses and consumers but educate them on what they offer and the benefits they provide. We also want to make it abundantly clear that these tools are designed to be convenient and easy to use. 

To that effect, we have put together a series of blog posts providing a short guide on how to use various Swapin B2B and B2C solutions. Please take a look at our InstaPay and Predefined Payments User Guide.

What Are InstaPay & Predefined Payments?

InstaPay is an innovative crypto-to-fiat solution that helps anyone send cryptocurrencies, yet the recipient’s IBAN account receives euros in its place. With InstaPay, it is simple to send instant and easy transfers to friends and family or pay for purchases using digital assets. It allows anyone to pay for goods, services, or valuable items like jewelry, cars, real estate, and more.

Predefined Payments avoids wasting time filling in payment data that was previously entered in InstaPay by allowing users to take advantage of recurring InstaPay predefined payment templates. Users can utilize this convenient tool to pay monthly rent, loans, internet, and other common services. The recipient will never know that the origin of the funds was crypto assets, as the service instantly converts the chosen crypto into euros and deposits it into the recipient’s IBAN account.

How To Use InstaPay & Predefined Payments

To begin using InstaPay and Predefined Payments solutions from Swapin, visit the Swapin app.

To make a transfer, go to the section labeled InstaPay located in the header of the site in the Overview section. Fill in all necessary fields:

  • New Payment (switching to Predefined Payments enables the use of recurring templates)
  • Beneficiary’s name
  • Beneficiary’s IBAN
  • Amount €
  • Payment description
  • Receiver address (Street, City, Country)

After filling in all the required fields, select the cryptocurrency intended to send and click Continue. In the next section, users can edit transaction details and double-check the wallet address is correct before sending. Any service vouchers can be applied at this time. Click Continue to process the order.

To set up Predefined Payments, click InstaPay, Predefined Payments, then Create New to build a new template for recurring use. After making a transaction, users can also set reminders to alert the user when certain payments are due.

Fill in the template fields for recurring use:

  • Predefined Payment Name (Rent, for example)
  • Amount in €
  • Coin (Type of cryptocurrency)
  • Recipient’s name
  • IBAN Account
  • Receiver address (Street, City, Country)
  • Description

When finished, save the template for future use. You can also create additional templates for any type of recurring payment you want to make.

In the future, each time you need to send a payment via InstaPay, in the Predefined payments field, you can select one of your templates and send the transfer instantly without having to enter data again. 

InstaPay and Predefined Payments aren’t just for consumers. Crypto businesses can also use the Predefined Payments feature to pay salaries or fixed expenses, such as office rent, servers, internet, and other payments.

Using InstaPay or Predefined Payments, Swapin will fix the rate of the chosen cryptocurrency for up to 30 minutes. During this window, the user must transfer the appropriate amount of crypto to the provided address. Regardless of crypto volatility during that time, the amount of crypto required and the amount of euros the recipient will receive remains consistent. Swapin handles the crypto-related challenges for businesses and consumers alike.

Try The New App And Follow Official Swapin Channels

InstaPay and Predefined Payments are only two of the many innovative solutions Swapin is bringing to the market for B2B and B2C users, solving some of the most critical challenges the crypto market faces and bridging the gap between crypto and the world of traditional finance. Check out InstaPay and Predefined Payments today using the Swapin app.

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 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!

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!