Swaps have emerged as a favored strategy for managing digital assets, presenting a departure from traditional exchanges that rely on the order book system for asset trading. B2BinPay, a key player in the digital asset management arena, has introduced a groundbreaking approach that allows clients to engage in instant swaps seamlessly. This method eliminates the complexities associated with navigating order books and comparing prices across various venues.
Streamlining Access with Volume-Weighted Average Price (VWAP)
B2BinPay clients benefit from a streamlined access process, facilitated by the Volume-Weighted Average Price (VWAP) tool. This tool automatically selects the optimal price from multiple centralized platforms based on transaction volume, enabling users to execute instant swaps without the need to grapple with intricate order book mechanisms.
Cost-Efficiency and Flexibility through Swaps
The utilization of swaps by B2BinPay clients brings forth a dual advantage, eliminating two blockchain commission costs. The need for transactions to the centralized exchange and back to the B2BinPay wallet is eradicated, introducing a level of flexibility and cost-effectiveness in dealing with digital assets.
Seamless Navigation with Dedicated Swaps Tab
Navigating through the B2BinPay platform is made seamless for users interested in instant swaps, thanks to the dedicated Swaps Tab on the front-end menu. This feature, complemented by separate wallets for each crypto asset, ensures a user-friendly experience for executing instant exchanges.
Tailored Top-Up Processes for User Categories
The latest release of B2BinPay introduces a customized top-up process for swap wallets, catering to different user categories. Digital wallet owners can now leverage swift transactions for instant fund transfers, while blockchain wallet owners benefit from on-chain transactions, promising both transparency and security through recorded blockchain data. It is essential to note that topping up must be conducted in the wallet’s designated currency.
Commission-Free Top-Up Process
Users can take advantage of a commission-free top-up process directly from their B2BinPay accounts. However, it’s important to highlight that blockchain wallets may incur minimal fees for on-chain transactions.
Integration of Polygon and Avalanche Blockchains
In a strategic move, B2BinPay’s latest release integrates support for two highly sought-after blockchains, Polygon and Avalanche. This integration expands the platform’s stablecoin transaction options, incorporating popular choices such as USDT, USDC, DAI, FRAX, TUSD, and EUROC on these new networks.
Scalability and Speed: The Polygon and Avalanche Advantage
Known for scalability and minimal transaction fees, Polygon emerges as a preferred choice for a significant number of crypto users. On the other hand, Avalanche distinguishes itself with high throughput and rapid processing times, establishing itself as a robust platform for swift transfers.
Continued Innovation with Version 19 Release
B2BinPay remains at the forefront of crypto processing innovation with its latest version 19 release. This update not only expands clients’ flexibility by providing access to more blockchains and cryptocurrencies but also facilitates instant exchanges through swap wallets.
Commitment to Cost-Effectiveness and Ongoing Improvement
The B2BinPay team is not resting on their laurels. They actively strive to reduce fees in future releases, reinforcing their commitment to making services even more cost-effective for businesses and startups. This unwavering dedication to continuous improvement underscores B2BinPay’s commitment to meeting the evolving needs of the digital business landscape.
