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-Friendly Payments: Swapin’s Dedicated IBANs ensure smoother payment experiences for users.
  • 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.
  • Crypto-Friendly Payments: Swapin’s Dedicated IBANs simplify banking interactions for crypto transactions, reducing compliance-related complexities.
  • 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 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 in the European Economic Area and Switzerland 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

For businesses in EEA and Switzerland, 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. Dedicated IBANs: When you use SwapinBuy, payments from your business bank account are made to a dedicated IBAN issued in your company name. This ensures that your transactions are seamless.
  4. Flexible Volumes: SwapinBuy caters to 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 Dedicated 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 Dedicated IBANs: We launched Dedicated IBANs to customers in EEA and Switzerland, allowing you to make payments in your name when off-ramping crypto, and on-ramp with ease when purchasing cryptocurrencies thanks to this feature.
  • 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.

Everdome x Swapin: Streamlining Cross-Border Crypto-to-Fiat Payments

The metaverse is the next leap in digital interaction, combining augmented reality (AR), virtual reality (VR), physical reality, blockchain, Web3, and internet. Companies like Everdome are at the forefront of creating immersive metaverse experiences catering to both enterprise and consumer users. Yet, every innovation-driven company meets its fair share of challenges, and for Everdome, it was streamlining payments involving cryptocurrencies and traditional banking. Their solution? A partnership with Swapin, who specializes in seamless cross-border crypto-to-fiat payments.

Everdome: Pioneers in Metaverse Development

Everdome is dedicated to creating a hyper-realistic metaverse that brings together brands and individuals, redefining digital interactions. With a focus on delivering cutting-edge web3 solutions, they’ve become a trusted name among both business clients and private users.

Everdome is building the highest quality Web3 experience by offering land ownership in Everdome City, where you can dive into metaverse experiences, partake in immersive events, explore in-world marketplaces, and witness innovative digital advertising and brand product placements.

The Challenge: Cross-Border Payments

Global businesses often struggle with the intricacies of cross-border payments – whether its complex processes, delays, or unexpected costs, there are significant challenges even today when it comes to international transactions for businesses.

For Everdome, being based in Dubai, they faced a hurdle when it came to paying their European contractors, partners, and suppliers using a mix of crypto and fiat currencies. The traditional banking system, with its inherent delays and complex processes, was not meeting their needs, so they began searching for a reliable, quick, and secure solution.

The Solution: Easy Crypto-Fiat Transactions with SwapinPay

The innovative and future-minded approach of Everdome needed a financial partner that shares the Web3 principles and thinking – they found a solution in Swapin. Tailored for Web3 platforms like Everdome, SwapinPay facilitated their cross-border crypto-to-fiat payments thanks to instant SEPA transfers, making the process smoother and quicker for Everdome’s financial operations.

Everdome’s Experience with Swapin

  • Customer Support: Everdome experienced quick replies and proactive support, making their financial operations hassle-free in a highly dynamic industry like Web3.
  • Transaction Speeds: Speed is of the essence in the metaverse industry, and Swapin ensured that Everdome’s transactions were processed rapidly, meeting their business’ needs.
  • Verification Process: From account creation to AML verification for larger wire transfers, Swapin’s sign-up process for businesses was simple, straightforward, and backed by timely support.
  • User Experience: Swapin’s intuitive user interface, clear instructions, and simplicity make it easy for Everdome to complete their SwapinPay transctions

“Swapin significantly streamlined our payments process, making simple work of cross-border crypto to fiat transactions.”

Dawid Majewski, Operations Manager at Everdome

Swapin: Your Partner in Seamless Crypto Payments

The collaboration between Everdome and Swapin highlights the importance of the right partnership. Nowadays, crypto is becoming increasingly integrated into mainstream business operations, having a trustworthy partner can make all the difference.

If, like Everdome, you are a business that is looking for a secure, reliable, and easy-to-use crypto payment processing solution, then Swapin is the perfect partner for you. Our suite of solutions caters to businesses of all sizes and across sectors. Reach out to Swapin today to learn more about how we can help you streamline your financial operations and fuel your business growth.

Stay updated on the latest crypto and Web3 industry news and insights by joining our Telegram community and subscribing to our LinkedIn newsletter. Follow us on social media for more updates from Swapin.

A Comprehensive Guide: How to Buy Bitcoin & Crypto with a Bank Account

Whether you’re an individual looking to diversify your portfolio and invest in cryptocurrencies or a business considering implementing crypto transactions, the process of buying crypto can come with challenges, such as high fees, flagged transactions, or lengthy waiting processes to access your crypto assets. The good news is that there are seamless, secure, and cost-effective ways to do it. In this comprehensive guide, we’ll take you through the essential steps on how to buy Bitcoin and other cryptocurrencies using your bank account, and why SwapinBuy with its revolutionary Dedicated IBANs feature is a game-changer in this process.

Choosing a Reliable Crypto On-Ramp Provider

First and foremost, when selecting a cryptocurrency payment gateway to use, whether that’s a centralized exchange (CEX), decentralized exchange (DEX), or non-custodial payment providers, it’s important to consider the following factors:

  • 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.
  • Cryptocurrency Options: Ensure the exchange offers the cryptocurrencies you intend to buy or trade.
  • User-Friendliness and Support: A user-friendly interface is vital, especially if you’re new to cryptocurrency trading, as well as available customer support.

Why Buy Bitcoin with a Bank Account?

Before diving into the step-by-step process of buying Bitcoin with your bank account, let’s understand the 2 biggest reasons why this payment method is an attractive choice:

  • Lower Fees: Bank account transfers are one of the cheapest ways to buy Bitcoin, compared to other methods like credit/debit cards or e-wallet payments, which often have high fees when depositing via a bank account.
  • Increased Security: Bank accounts typically come with stronger security features, including two-factor authentication and online banking passwords. This reduces the risk of fraud and unauthorized transactions.

SwapinBuy: Buying Crypto Made Easy and Seamless

If you’re in the European Economic Area (EEA) or Switzerland, SwapinBuy is an excellent option for buying cryptocurrencies with a bank account. It is a crypto-onramp solution that addresses the challenges associated with buying cryptocurrencies.

Here’s how SwapinBuy stands out:

  • Dedicated IBANs: When you use SwapinBuy, payments from your bank account are made to a dedicated IBAN issued in your name. This ensures that your transactions are seamless.
  • Security: Swapin ensures that your crypto purchases are deposited directly into the provided crypto wallet, enhancing security and 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 of 5 EUR or a substantial one of 10 million EUR, SwapinBuy accommodates a wide range of transaction volumes to meet your unique needs.

How to Buy Crypto using SwapinBuy: Step-by-Step Guide

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

  1. Sign Up or Log In: If you’re new to Swapin, start by signing up for an account. For existing customers, simply log in.
  2. Once logged in (and verified if you just signed up), navigate to SwapinBuy section and click “Buy Crypto” button.
  3. Select the cryptocurrency you want to buy (BTC, ETH, or USDT) and enter the amount of Euros (EUR) you want to spend.
  4. Transfer fiat from your bank account to a provided Dedicated IBAN issued in your name.
  5. 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.
  6. Enjoy Zero Swapin Fee: As a bonus, Swapin is currently offering ZERO Swapin Fee on SwapinBuy transactions until the end of October. This means you’ll only pay the standard blockchain network fee, saving you money on your crypto transactions.

Security Measures to Protect Your Investment

No matter how you acquire cryptocurrency, security should always be a top priority.
Here are some security tips from us:

  • Never Share Private Keys: Under no circumstance should you ever share your private keys with anyone as you don’t want any unauthorized access to your crypto wallet and lose all your assets.
  • Use Strong Passwords: Create unique, complex passwords for all of your crypto and finance related accounts.
  • Double Check Links Before Clicking: There are often fake websites or links that resemble reliable or popular platforms to steal users’ sensitive information or access their assets. Before clicking on any links, verify the URLs.
  • Be Cautious of Phishing: Stay on alert against phishing scams, where malicious actors attempt to deceive you into revealing your private information or sending your money to someone. 

You can find a fully detailed guide on “Web3 Safety: How to Secure Your Crypto Wallet and Transactions” with our best tips here.

Staying Informed and Understanding the Market 

Cryptocurrency offers exciting investment opportunities, but it also comes with responsibilities. By understanding the basics, such as setting up secure wallets, choosing reliable providers, and utilizing innovative solutions like SwapinBuy, you can navigate the crypto landscape confidently. Try SwapinBuy today and experience the ease and security of crypto purchases.

For a limited time, as part of the celebrations of our SwapinBuy launch, there’s Zero Swapin Fee on all SwapinBuy transactions until end of October, so don’t miss this opportunity!

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.

Introducing SwapinBuy: Easy and Secure Way to Buy Crypto

We’re excited to introduce you to SwapinBuy – our new crypto on-ramp solution. With SwapinBuy, you will be able to buy cryptocurrencies using EUR directly from your bank account. It is now available for both our business and individual customers in the European Economic Area (EEA) and Switzerland. Let’s dive into the details of SwapinBuy, its main benefits and how to begin using SwapinBuy today.

“Just imagine – now you can top-up your crypto wallet in every exchange, marketplace, or other Web3 platform without expensive card fees. On top of that, Swapin’s Dedicated IBANs feature will make your crypto transactions smoother and faster than ever before.”

Evald-Hannes Kree, CEO and Founder of Swapin

SwapinBuy: Your Crypto On-Ramp Solution

SwapinBuy offers a simple, secure, and user-friendly solution for buying cryptocurrencies with EUR. This product is available for our individual customers with Basic and Full verification levels and our business customers (both verification levels 1 and 2) in the EEA (European Economic Area) and Switzerland.

Currently, SwapinBuy allows you to purchase USDT, BTC, and ETH using Euros. We support instant SEPA payments, with more payment methods and cryptocurrencies coming soon for your on-ramp transactions, so stay tuned!

For the first month, we are offering all of our users 0% Swapin Fee on your SwapinBuy transactions, so you only pay the network fee for blockchain transactions. The offer is valid until October 31st, so make the most of it and get swapping now!

Why Choose SwapinBuy

SwapinBuy offers 4 main advantages:

  • Dedicated IBANs: EUR payments from your bank account are made to a dedicated IBAN issued in your name, ensuring a smooth transaction experience.
  • Flexible transaction volumes: Whether you’re buying crypto worth 5 EUR or 10M EUR, SwapinBuy supports various transaction volumes.
  • Non-custodial approach: Your purchased crypto is deposited directly into the provided crypto wallet; Swapin never holds your funds.
  • Send the crypto to any wallet: With SwapinBuy, you can purchase cryptocurrencies and send them to any wallet address.

How to Buy Crypto using SwapinBuy

It’s simple. Here’s how:

  • Log in to your Swapin account or Sign up if you aren’t a customer yet. Navigate to the SwapinBuy section and click on ‘Buy crypto.’
  • Fill in transaction details: Choose the cryptocurrency you want to buy and enter the amount of fiat you want to pay with.
  • Transfer fiat: Swapin provides a Dedicated IBAN issued in your name. Send fiat from your bank account to the provided IBAN.
  • Get crypto: Once Swapin receives your fiat payment, we will convert it to crypto and send it to the provided wallet within minutes.

We have also prepared a step-by-step video of the process. You can find it on Youtube here:

If your bank account supports Instant SEPA, it will take just a few minutes. In other cases, it may take up to 1 business day. You can use this IBAN checker to verify whether your bank account supports instant SEPA payments.

If you have more questions about SwapinBuy, you can read our FAQ here and our step-by-step guide on how to buy crypto using SwapinBuy here.

Buy Crypto with ZERO Fee using SwapinBuy

We believe in making crypto accessible and easy to use for everyone, and SwapinBuy is our next step towards this vision. With Swapin, buying, selling, or paying with cryptocurrencies is no longer a complicated process – we’re here to simplify your everyday crypto transactions.

Don’t wait— try SwapinBuy today, with ZERO Swapin Fee (valid until October 31st)!

At Swapin, we are dedicated to empowering our customers with innovative solutions that bridge the gap between crypto and traditional banking. Keep an eye out for more updates and product developments as we continue to improve our services to meet the evolving needs of our valued customers.

If you have any questions or require further information, reach out to our support team here.

Stay updated with the latest news and industry insights by joining our Telegram community and subscribing to our LinkedIn newsletter. Follow us on social media for more updates from Swapin.

Exploring the Future of Web3 Payments with Swapin and Estonian Web3 Chamber: What’s Next?

On September 14th, 2023, Swapin team hosted an event titled “Future of Web3 Payments” in collaboration with the Estonian Web3 Chamber. This event brought together top Estonian Web3 industry experts, innovators, and enthusiasts to share insights, exchange ideas, and envision the future of Web3 and crypto payments. So, what can we expect from the Web3 payments industry in the near future? Let’s take a closer look.

Swapin: Innovating Web3 Payment Solutions

Swapin was chosen as the host for this event as a pioneer in crypto-to-bank payments. We were honoured to open the event with our product suite overview as one of the leaders in the Estonian fintech landscape. Swapin team took the stage with an exciting presentation where the audience gained insights into how Swapin is playing a pivotal role in advancing the adoption of crypto in everyday transactions.

Evald-Hannes Kree, CEO of Swapin, shared Swapin’s journey so far with a look at how Swapin started back in 2017 and some interesting statistics of where we are at today. Evald-Hannes also mentioned Swapin’s latest innovative feature, Dedicated IBANs, which allows users to make payments in their name, solving the issue of unfamiliar senders on bank statements when off-ramping your cryptocurrencies to fiat in your bank account. Swapin can also support a big range of volumes compared to some other crypto-to-fiat payment providers, with a minimum of 5 EUR and all the way up to 10 million EUR.

Evald-Hannes Kree, CEO of Swapin. Photo by Egert Kamenik, from Piltilus.

Next, Edward Rebane, CPO of Swapin, shared the roadmap ahead for Swapin along, which included an exciting announcement of a new product launch that’s coming very soon – so stay tuned! Besides this, Swapin is also focused on partnerships and integrations with the upcoming SwapinWidget and API as next priority. The audience was already able to see how SwapinWidget’s UI looks like.

Edward Rebane, CPO of Swapin. Photo by Egert Kamenik, from Piltilus.

Estonian Web3 Chamber: Crypto Regulations in EU

Raido Saar, the president of Estonian Web3 Chamber, our partner in hosting this event, presented its perspective on the current Web3 landscape locally. He touched upon the focus of Estonian Web3 Chamber at the moment, which is understanding the effects of upcoming MiCA (Markets in Crypto-Assets) regulations on Estonian Web3 and crypto businesses, and how to adapt to the new requirements while making sure that companies who already have licences by the Estonian FIU (Financial Intelligence Unit) can continue to hold them without having to start the licensing processes again from zero. Raido also shared about the upcoming event that Web3 Chamber is hosting in partnership with another Estonian Web3 Chamber member, Coinspaid, in October.

Raido Saar, President of Estonian Web3 Chamber. Photo by Egert Kamenik, from Piltilus.

Panel Discussion: The Future of Web3 Payments

The main highlight of the evening was the captivating panel discussion on the topic of “Future of Web3 Payments: Are We There Yet?”. Moderated by Mia Belle Trisna, a member of Swapin’s marketing team, the panel featured distinguished experts in their fields – Evald-Hannes Kree, CEO of Swapin, Raido Saar, President of Estonian Web3 Chamber, and Ian Kalla, CXO of Bankish. These thought leaders shared their views on various aspects of Web3 payments, including current state of user-friendliness, the impact of central bank digital currencies (CBDCs), regulatory challenges, and growing institutional interest in cryptocurrencies, as well as a look into the future of crypto payments and the industry in general.

The event was not a one-sided discussion. Attendees also had the opportunity to engage with the panelists, sharing their thoughts and concerns about the challenges that the industry currently faces and asked questions from the panelists about the opportunities that lie ahead in the world of Web3 payments, adding depth and diversity to the conversation.

Moderator: Mia Belle Trisna, digital marketer at Swapin. Panelists: Evald-Hannes Kree CEO of Swapin, Raido Saar President of Estonian Web3 Chamber, Ian Kalla CXO of Bankish. Photo by Egert Kamenik.

Networking and Engaging Conversations

Following the insightful presentations and thought-provoking panel discussion, our event provided a unique opportunity for attendees to network and connect with fellow industry leaders who also share a passion for the Web3 space. Among our distinguished guests were representatives from leading Estonian Web3 businesses, such as 3commas, XGateway, Redcurry, Riddec, ComputerLab, Guardtime, Coinspaid, Krüpto.ee and many more.

Networking section of the event allowed participants to meet and make new connections. They discussed the key takeaways and insights from the panel discussion, reflected on the current state of Web3 payments in Estonia and across Europe, and brainstormed strategies to foster innovation and widespread crypto adoption. The members were also able to explore potential collaborations to drive further growth and prioneering developments in the Web3 industry.

Shaping the Future of DeFi

The Future of Web3 Payments event hosted by Swapin and the Estonian Web3 Chamber was a success. It brought together like-minded individuals who are passionate about revolutionizing the world of finance through decentralized technologies. As the Web3 ecosystem continues to evolve, events like these play an important role in driving innovation and fostering meaningful partnerships among those who are bridging the gap between Web2 and Web3, and shaping the future of decentralized finance.

Stay tuned for Swapin’s follow-up blog that will dive deeper into the panel discussion and key takeaways from industry experts on the topic of the current state of Web3 payments and future outlook on the industry.

For the latest industry insights, you can subscribe to our Weekly Crypto/Web3 Newsletter. To be part of a community of crypto enthusiasts, join our Telegram community and to explore more about Swapin, you can follow us on our social media platforms here.

*Event pictures taken by Egert Kamenik, from Piltilus.

What is a Dedicated IBAN and How Do They Work?

Here at Swapin, we continue to bring innovative solutions to our customers that bridge the gap between crypto and traditional banking. Our latest product feature, Swapin’s Dedicated IBANs, is a significant step forward for the crypto payments industry because it solves the common concern of many crypto users – traditional banking systems oftentimes flagging your crypto-to-fiat payments. Swapin’s Dedicated IBANs allow you to make crypto-to-bank payments that don’t raise concerns for banks. This is achieved by issuing each customer a Dedicated IBAN, so that their payments arrive in the receiving bank account under their name. 

As we have seen a lot of interest from our community towards Dedicated IBANs, let’s discuss more in-depth what exactly they are, how they work and how you can start using Swapin’s Dedicated IBANs today.

What is a Dedicated IBAN?

Dedicated IBANs are more than just a technical feature – they represent a shift in how crypto payments to bank accounts are done. At its core, a Dedicated IBAN is a virtual IBAN (International Bank Account Number) issued in your name. This solution allows you to make cryptocurrency to fiat currency (EUR or GBP) payments directly into bank accounts under your name or your business’ name.

Whether you’re an individual or a business customer in the European Economic Area (EEA) or Switzerland, with Swapin’s Dedicated IBANs you can enjoy smooth transactions between crypto and banks like never before.

Why Is Swapin’s Dedicated IBAN a Game-Changer?

Previously, when you made crypto-to-fiat payments using Swapin’s solutions as a customer, our legal entity name was the sender to the receiving bank account. This is the case still with many crypto-to-fiat payment providers and cryptocurrency exchanges – when you are spending your crypto or converting it to fiat, there is an unfamiliar sender on the bank statement. Due to this, your transactions can often get flagged as it raises concerns for banks.

However, thanks to our latest Dedicated IBAN feature, our customers can now make crypto-to-bank transactions in their own name, overcoming banking limitations as there are no longer intermediaries on bank statements. Your name will be the sender, offering you convenience and confidence when dealing with transactions between crypto and banks.

How Can You Use Swapin’s Dedicated IBANs?

If you’re an individual customer looking for an efficient way to withdraw cryptocurrencies to your bank account in EUR or GBP using SwapinGet, or send money to your family and friends, and pay any EUR or GBP invoice using SwapinPay, Swapin’s Dedicated IBAN allows you to do these crypto-to-bank payments on behalf of your name. 

If you’re a business owner seeking to streamline your crypto-to-bank transactions, including salary payments using crypto to your employees’ EUR or GBP bank accounts, and settling fiat invoices and business expenses with partners using SwapinPay, or converting crypto from your wallet to your business bank account through SwapinGet, Swapin’s Dedicated IBAN allows you to make all of these transactions under your business name, simplifying accounting and auditing processes.

How to Access Swapin’s Dedicated IBANs?

You do not need access to this service nor request it manually. Swapin’s Dedicated IBANs are automatically given to our individual and business customers who meet the requirements. For individuals, the Dedicated IBANs feature is available for Basic and Full verification levels. For business customers, the Dedicated IBAN feature is available for any verification level.

Swapin’s Dedicated IBANs are exclusively for crypto-to-fiat payments initiated through Swapin only. They are not intended for any other types of transactions. You cannot send funds to your Swapin’s Dedicated IBAN number as it’s not a banking solution.

Currently, we do not display your Dedicated IBAN number on the dashboard. Once you complete your SwapinPay or SwapinGet payment, it will appear on the recipient’s bank account statement.

How to Make Crypto Payments in Your Name?

Beginning to use Swapin’s Dedicated IBANs is a simple process: 

  1. Log in to Swapin App or Sign up if you are not already a customer.
  2. Complete the necessary verification process based on your individual or business requirements. 
  3. Begin making your crypto-to-fiat transactions directly through Swapin App and your Dedicated IBAN will show on the bank statements.

Crypto-to-Fiat Transactions in Your Name with Swapin’s Dedicated IBANs

Don’t miss out on this opportunity to simplify your crypto-to-fiat transactions with Swapin’s Dedicated IBANs feature!

At Swapin, we commit to empowering our customers with innovative solutions for their crypto-to-bank payments’ experience. Stay tuned for more product updates as we continue to improve our services to meet the evolving needs of our customers.

Should you have any questions or require further information, our support team is always here to assist you.

To stay updated with the latest news and industry insights, join our Telegram community and subscribe to our LinkedIn newsletter. Follow us on social media for more updates from Swapin.

Swapin Now Issues Dedicated IBANs to Make Crypto Payments in Your Name

We’re excited to introduce a game-changing update to Swapin’s solutions that will simplify your crypto-to-fiat payments experience. We are now issuing Dedicated IBANs to individuals who are EEA residents and have Basic or Full verification level, allowing for seamless cryptocurrency withdrawals and payments directly to your bank or any other bank account.

Dedicated IBANs: Simplifying Crypto-to-Fiat Payments

With our Dedicated IBAN service, you will be able to transfer crypto to EUR in a simple payment in your name to your bank account with SwapinGet. It also allows you to pay any EUR invoice using cryptocurrencies and the receiver gets money in your name with SwapinPay. No more concerns or red flags for your crypto transactions, as this update allows to overcome banking limitations, with traditional banks sometimes being cautious with crypto-related transactions from crypto platforms or payment providers. Swapin’s Dedicated IBAN offers you the convenience of more crypto-friendly transactions, giving you more peace of mind.

“We’re thrilled to announce the launch of Dedicated IBANs, an innovative update to Swapin’s solutions in collaboration with Fiat Republic. With Dedicated IBANs, our customers can now seamlessly withdraw funds and make payments in their own name. This feature addresses credibility concerns and simplifies the crypto payments experience, representing a significant leap towards mainstream crypto adoption. We’re excited to see our customers benefit from this new era of crypto-to-fiat payments, where managing crypto assets is easy and smooth.”

– Edward Rebane, Chief Product Officer at Swapin

Swapin’s Dedicated IBAN: Easier Than Ever

We’ve made it easy for you to access this service. The Dedicated IBANs will be offered by default, meaning there is no need to opt in. However, this solution is only available for our customers who are EEA (European Economic Area) residents. We’re committed to providing you with a smooth experience, so you can focus on managing your crypto assets without unnecessary hurdles.

Currently, Dedicated IBANs are available for individual customers only, with support for business clients coming soon. Additionally, the Dedicated IBAN service is offered for Basic and Full verification levels, not the Starter Level. Please also note that Dedicated IBANs are for crypto-to-fiat payments initiated in Swapin only, we do not offer banking solutions and it can’t be used for other types of transactions.

You can now enjoy the multiple benefits of having a Dedicated IBAN account. Whether you’re withdrawing funds to EUR via SwapinGet or sending crypto to your or any other bank account via SwapinPay solutions. Our Dedicated IBAN solution empowers you to perform transactions directly in your name, ensuring a smooth flow of crypto-to-fiat payments.

A New Era of Crypto-to-Fiat Transactions

Experience the convenience and security of making payments in your name. Say hello to a new era of crypto-to-fiat transactions and take control of your financial transactions with ease.

Stay tuned for more updates and product developments as we continue to empower you with innovative solutions for your crypto-to-bank payments. If you have any questions or would like more information, our dedicated support team is always here to assist you.

To stay updated, you can join our Telegram community and subscribe to our newsletter to be among the first to receive news and updates. You can also follow our official channels on Twitter, Reddit, Facebook, and LinkedIn.