In recent years, B2BinPay has showcased its dedication to quality and consistency, becoming a global leader in crypto processing. With the latest v19 upgrade, this blockchain-backed payment solution has further broadened its offerings and raised the quality of existing solutions.
The v19 introduces two critical improvements to the mix, including the game-changing crypto swaps and additions to the roster of supported blockchain networks.
Instant Swaps and Competitive Pricing
Crypto swaps are celebrated for preserving anonymity, low prices and speedy processing times for crypto transactions. This innovative exchange method removes intermediaries from the equation, letting two parties exchange assets efficiently.
To elevate this process further, B2BinPay has integrated the VWAP (Volume-Weighted Average Price) methodology, providing users with the most competitive prices available on the global market. With VWAP ratios automatically choosing the best market prices from several leading centralised exchanges, users no longer have to go through the time-consuming process of searching numerous platforms independently.
What’s more, the crypto swap option completely removes two primary fees from transaction processing - centralised exchange fees and exchange-to-B2BinPay. As a result, users will have to pay much less for the same transactions and become more flexible in their daily operations.
To simplify platform navigation, the B2BinPay team has added a dedicated Swaps Tab, letting users access swaps instantly with different wallet accounts.
Top-Ups with Zero Commission and Swift Transfers
With v19, each user type receives a customised swap wallet top-up. Owners of digital wallets can transact instantly, while blockchain wallet users can access on-chain transfers, increasing security and accessibility thanks to the blockchain recording function. Conducting wallet top-ups with the wallet’s denominated currency is crucial, enhancing the overall processing efficiency.
Users may top up their swap wallets with B2BinPay accounts at no cost. However, on-chain transactions using blockchain wallets will incur a commission.
New Blockchains: Polygon and Avalanche
The v19 update has introduced Polygon and Avalanche to the pool of supported blockchains on the B2BinPay platform. As a result, B2BinPay’s stablecoin transaction offerings have been extended to USDT, DAI, FRAX, USDC, TUSD and EUROC on these networks.
Polygon has cemented its reputation as a leading network in scalability and affordable gas fees. Conversely, Avalanche has achieved unprecedented transaction throughput and minimal processing times.
These two major additions to an already impressive portfolio of supported blockchains will give users more flexibility and freedom of choice in their platform activities.
Closing Remarks
The v19 overhaul focuses on two significant qualities - minimising costs and giving more flexibility to users. Individuals can now access a more comprehensive selection of blockchains and virtual currencies and transact instantly with swaps.
With the latest achievements and improvements, B2BinPay is swiftly becoming a global presence in the crypto processing sector. Naturally, B2BinPay also aims to minimise the platform fees further and provide more diversity for their users.
Don’t miss out on their latest update and experience the latest innovations in the field of crypto processing!
