Wirex, the fiat/crypto payment platform, has integrated the functionality of 1 inch in make the token exchange more efficient.
Wirex integrates 1 inch aggregation API
The new partnership will provide better access to the crypto world
1 inchthe aggregator of the best exchange rates from the major exchanges, has just announced a partnership with Wirex.
By implementing the 1-inch aggregation API, the payment platform can offer its users a more optimal token exchange service. In fact, the DEX Aggregator API allows users to find the best exchange rates offered by the various decentralized exchanges in real-time.
This type of functionality is available for several blockchains, including ether, avalanche, polygon, BNB chain and phantom.
The new collaboration marks a step in that direction mass adoptionfacilitating access to the world of cryptocurrencies, especially for less experienced users.
Besides improving fiat-crypto conversion, Wirex will be the best exchange rates on the market for exchanging between cryptocurrencies.
All this is possible thanks to 1inch’s Pathfinder, a complex algorithm that makes it possible to find the best “path” for the swap by analyzing liquidity pools and exchange rates for crypto pairs offered by Leading DEX’swhat can complete the transaction as efficiently as possible.
1″ Aggregation API is added to Wirex Wallet without custodycreating a better experience in crypto and DeFi World.
This kind of functionality allows even newbies to use it more easily accessible the different areas powered by Blockchain, like decentralized finance. New users will thus enjoy the innovative financial tools offered by the sector that first emerged from this disruptive technology.
Explanations and comments from the representatives of the two entities
Speaking of this important partnership for the development of the cryptocurrency World, Sergei KunzCo-founder of 1inch Network, says:
“The Wirex integration is a natural step for 1inch, which always strives for universal application and mass adoption of its products and solutions. And Wirex is one of the leaders in the crypto space in terms of tech advancement and user base.”
Then he adds:
“This partnership will certainly benefit the Wirex community as it allows users to trade their tokens across multiple blockchains at the best rates available.”
At the other end of the partnership Pavel MatveyevCEO and co-founder of Wirex, concludes:
“The 1-inch aggregation API will allow users to access the benefits of DeFi even more easily. Now users can conveniently and profitably trade multiple tokens, saving significant amounts of money and time.”
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