2018-11-17 23:55 |
The Bitpanda cryptocurrency exchange has announced the launch of Bitpanda Swap, a solution that facilitates the seamless conversion of one digital currency into another.
Bitpanda Swap is available to most of the countries across the world, with the notable exception being the US. The solution will not be accessible from America due to legal constraints.
Earlier today we announced Bitpanda Swap, our new feature that enables you to instantly exchange one cryptocurrency for another. Read more about how Bitpanda Swap works on our blog https://t.co/JdLw80tA93 #bitpanda #bitpandaswap pic.twitter.com/vCkURigUHL
— Bitpanda (@bitpanda) November 15, 2018
Bitpanda Swap does not require verification of identity to initiate a transaction. Also, it supports all tokens that are listed on the Bitpanda exchange. In line with their goal of enhancing the accessibility of cryptocurrency assets to the masses, Bitpanda introduced the Bitpanda Swap solution.
Features of Bitpanda SwapThe primary objective of the Bitpanda Swap solution is to improve the efficiency and security of the token conversion process. To achieve this, the solution is equipped with the following features:
Instant Exchange – converting one digital asset into another takes place promptly. No limits – clients can transact as much as they want on Bitpanda Swap. No verification – users do not have to register for Bitpanda swap. The only requirement is the deposit of funds. Global Reach – Bitpanda Swap is available in most of the countries. Free wallet service – Bitpanda Swap has inbuilt digital wallets for all the supported virtual currencies. User-friendly interface How it Works The client chooses the currency they wish to convert. For instance, if they have Bitcoin, they select Bitcoin in the ‘from’ column. The client chooses the asset they wish to receive. For instance, if they want Ethereum, they select Ethereum in the ‘to’ column. The client keys in the amount of Bitcoin they wish to convert into Ethereum. Confirm the exchange by hitting the ‘swap now’ button.Currently, the development team is working on integrating Bitpanda Swap into the Bitpanda Android app. The app will offer the same features as the web-based platform.
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