Business News Report
October 06, 2023

MoonPay Introduces Swaps Feature for Secure, Low-Fee Cross-Chain Crypto Trading

In Brief

MoonPay’s latest offering, Swaps, offers users a convenient and secure way to trade over 1,500 cryptocurrency pairs with low gas fees.

The feature also aims to consolidate users’ wallets within the app and ensures competitive exchange rates to maximize profits.

MoonPay Introduces Swaps Feature for Secure, Low-Fee Cross-Chain Crypto Trading

MoonPay, the popular cryptocurrency payment provider, today unveiled its latest offering – Swaps. The new feature promises users a secure and cost-effective solution for cross-chain trading. With low gas fees and over 1,500 trading pairs, the company aims to enable cryptocurrency enthusiasts to switch between various assets, including popular pairs like ETH to BTC, USDT to LTC, BNB to SOL, and many more.

One of the standout features of Swaps is its ability to consolidate all of a user’s wallets within the app, streamlining the trading experience for those with multiple cryptocurrency holdings. Moreover, MoonPay’s commitment to offering competitive exchange rates aims to enable users to maximize their profits while minimizing costs.

The company said that Swaps is now available in regions worldwide where MoonPay operates, offering cryptocurrency traders across the globe a more accessible and efficient method to manage their crypto assets. With the feature, MoonPay aims to streamline the cryptocurrency trading experience for users worldwide.

Plena Super App and MoonPay’s Crypto Initiative

Yesterday, Plena Crypto Super App announced a partnership with MoonPay to simplify DeFi and cryptocurrency for users worldwide. The partnership also aims to make crypto easier, safer, and more available, improving how people use digital money.

The Plena Crypto Super App and MoonPay enable seamless cryptocurrency buying and selling within the app, eliminating the need for platform switching. Users gain access to diverse payment options, such as credit/debit cards and bank transfers, enhancing transaction flexibility. Moreover, enhanced security measures prioritize the safety of user data and funds, while simplified onboarding processes ease entry into the cryptocurrency space.

In January, MoonPay acquired web3-focused creative agency Nightshift, which was rebranded as “Otherlife.” The acquisition expands MoonPay’s services to offer users comprehensive web3 solutions. Nightshift’s previous clients include Shopify, Adobe, The Hundreds, and Coinbase.

MoonPay, known for its rapid growth since its 2018 launch and $642 million in funding, serves over 5 million customers and partners with companies like Nike, Fox, and Universal Parks.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

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