B2BinPay has launched its version 19 update, much to the delight of those using digital asset payments worldwide. The latest release from the leading blockchain-based payment solution brings a host of new features and improvements to the platform, including convenient instant swaps and support for an even wider range of blockchains.
Instant Swaps and Advantageous Prices with VWAP
Swap is a widely used approach for handling crypto transactions. In contrast to traditional exchanges, which utilise order books, swaps facilitate direct transfers of various virtual assets.
B2BinPay has taken one step further and added the swap feature to its platform, complemented by the Volume-Weighted Average Price (VWAP) tool. This tool allows B2BinPay’s system to select the best available price from various centralised crypto exchanges based on transaction volume, making the swapping process automatic and user-focused – clients do not have to manually compare prices across different platforms as B2BinPay does that for them.
Moreover, the implementation of this new feature removes two blockchain commission costs for clients – the transaction to the centralised exchange and the transaction from the exchange to the B2BinPay wallet. As a result, handling virtual assets becomes more flexible and affordable.
To access instant swaps, users can use the dedicated Swaps Tab on the front-end menu, accompanied by separate wallets.
Smooth Transaction Process & Commission-Free Top-Ups
The latest version introduces a highly personalised top-up process for different types of users for swap wallets. Clients using digital wallets will now enjoy instant transactions for swift fund transfers, while blockchain wallet owners can benefit from on-chain transactions that guarantee transparency and security with their recorded data on the blockchain. It is essential to note that all top-ups must be made in the designated currency of the wallet for maximum efficiency.
Furthermore, users can experience a commission-free process when topping up their swap wallets through their B2BinPay accounts, except for blockchain wallets, which will incur a minimal fee for on-chain transactions.
Polygon and Avalanche Now Supported
The latest iteration of B2BinPay introduces support for Polygon and Avalanche blockchains and expands the stablecoin transaction options, with USDT, USDC, DAI, FRAX, TUSD, and EUROC now supported on new networks.
Polygon, with its impressive scalability and low-cost transaction fees, has emerged as the preferred choice for efficient transactions. Avalanche, distinguished by its high throughput and prompt processing times, offers a potent platform for fast transfers. B2BinPay’s integration of these two platforms facilitates users to enjoy reduced transaction costs and faster transaction times.
Conclusion
The latest release of B2BinPay, version 19, showcases the company’s relentless pursuit to enhance crypto processing capabilities. With an expanded range of supported blockchain networks and crypto assets and new fast swap wallet exchanges, clients now have even greater flexibility at their disposal.
However, this is just the beginning for B2BinPay as they strive to improve their services by reducing service fees in future releases. Their dedication to continuous improvement solidifies B2BinPay’s position as the premier cryptocurrency payment solution for both well-established businesses and startups alike.
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