In Brief:
- The 1inch Network partnership enables BitPay wallet users to use the DEX aggregator directly.
- As a part of the partnership, 1inch will provide users with the best deals across multiple liquidity resources.
1 Inch, a leading DEX aggregator, announced its partnership with BitPay, the bitcoin and cryptocurrency payment service provider. As a part of the partnership, 1inch will enable BitPay wallet users to gain access to all of 1inch’s DEX aggregation functionalities. This would provide its users the best deals from multiple liquidity sources.
“As DeFi services gradually progress towards mass adoption, it is important to offer access to the 1inch DEX aggregation to as many users as possible,” says Sergej Kunz, 1inch Network co-founder. “And the BitPay Wallet app is a perfect opportunity for us to reach out to new audiences who, in turn, will benefit from the 1inch’s attractive rates and user-friendly swap process.”
“DeFi protocols and dApp’s are becoming popular tools for BitPay’s crypto users and we wanted to offer users a safe, secure way to interact with them,” said BitPay CEO and co-founder Stephen Pair. “The BitPay Wallet app lets our power users spend, store and manage crypto and support for the 1inch DEX aggregator enables users the ability to get the best crypto swap rates quickly.”
Also Read: 1inch Network Integration With Mercuryo Enabling Defi Fiat-On-Ramp Gateway
BitPay wallet users can swap BTC and ETH purchased using their BitPay Card, Apple Pay, or Google Pay for other crypto assets using the lucrative rates for crypto swaps that 1inch offers. Thus, they can benefit from the best rates and fastest transactions provided by 1inch Network.
