The BitPay Wallet app now integrates with 1inch, a DEX aggregator dedicated to finding the best crypto prices. BitPay users now have even more ways to exchange crypto from within the app.
BitPay’s new integration with the 1inch Network enables BitPay Wallet app users the ability to get the best crypto swap rates quickly and seamlessly within the app.
Now BitPay users can swap BTC and ETH, purchased using the BitPay Card, Apple Pay or Google Pay, for other crypto assets, benefitting from the best rates and fastest transactions via the 1inch network.
The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 20+ liquidity sources on Polygon and Optimistic Ethereum. In just two years the 1inch DEX aggregator surpassed $60 Billion in overall volume on the Ethereum network alone.
The BitPay App continues to support an array of options to buy and store crypto, make online payments, buy gift cards and turn bitcoin into dollars. It’s all about living life on crypto for everyday spending, safer storage and flexible finance to manage funds across multiple platforms.