Swapin is the primary venture that exhibits distinctive and limitless options for integrating the digital financial system into the normal world of finance.

The Swapin platform is the primary venture that exhibits distinctive and limitless options for integrating the digital financial system into the normal world of finance. The platform is snug to make use of and gives companies for each people and companies: transfers, hire funds, Internet, utility payments, invoicing, payroll, and extra.

Operations performed by Swapin are authorized as the corporate has an Estonian license and complies with European requirements. But to attain such outcomes, the Swapin staff has come a great distance in establishing and growing the venture. 

About Swapin

Initially, the venture started as Piixpay, then after some time it closed a funding spherical of €1.88M and rebranded, altering its identify to Swapin. The Piixpay platform was based in 2017 and is headquartered in Tallinn, Estonia. Evald-Hannes Kree is the founder of Swapin and its CEO. Rebranding is linked not solely with the identify. The utility was improved and up to date; the advertising coverage and the corporate’s growth technique had been strengthened.

Kree got here up with the thought of ​​creating the Swapin venture after he launched his mining middle in 2014. During that second Kree couldn’t preserve all his property in crypto as there was a daily want for fiat. He needed to convert digital property into fiat utilizing exchanges and suffered losses. Then he determined to create a venture that might bridge the hole between cryptocurrency and conventional currencies.

Swapin B2C and B2B options

The Swapin platform gives a variety of instruments for each B2B and B2C segments. Some of them are already actively utilized by customers.

B2C options

InstaPay: This device permits customers to ship digital property with automated conversion into EUR to the recipient, specifying the IBAN account. With its assist customers could make on the spot transfers to mates, kin, or pay for purchases utilizing cryptocurrencies.

With InstaPay, it turns into doable to buy actual property, automobiles and different precious property.

InstaFill: With this resolution, customers can mechanically convert private digital property into EUR to a checking account. The person ought to hyperlink a private IBAN to a crypto account on Swapin. When the person wants EUR, they need to merely replenish the stability in crypto.

After on the spot conversion, the cash might be transferred to the linked checking account and there might be a fee charged for the transaction.

Predefined Payments:  This helpful characteristic allows customers to create a ready-to-go template for recurring funds – for instance – overlaying month-to-month hire, loans or utilities. After making a transaction, you’ll be able to arrange a reminder possibility concerning the date of the subsequent fee.

Thanks to Predefined Payments, the person not must waste time and fill in the identical information for the fee

InstaBuy: The operate is at the moment in growth. The launch of InstaBuy is deliberate to be added within the second half of 2022. It will enable customers  to purchase cryptocurrency with VISA/MasterCard or financial institution switch.

B2B options

CoinCollector: The device may be very straightforward to make use of and bridges the hole between cryptocurrency and fiat. With its assist, corporations are capable of invoice clients in EUR; payments might be paid with crypto and the corporate will obtain in EUR.

E-com widget: The E-come widget is an answer that simply integrates into any website and permits on-line shops to simply accept crypto funds. The cryptocurrency is mechanically and immediately transformed into fiat forex and transferred to the vendor’s company IBAN account.

Supported currencies and cryptocurrencies on the platform

Swapin platform at the moment helps 10 cryptocurrencies:

  • Bitcoin; 
  • Ethereum; 
  • Bitcoin Cash;
  • Litecoin;
  • Dash;
  • Service Coin; 
  • Tether USD (ERC-20); 
  • Tether USD (TRC-20); 
  • USD Coin (ERC-20); 
  • Tron

Currently, solely the euro (EUR) is used amongst fiat currencies, however within the second quarter of 2022 the corporate plans so as to add help for the British pound (GBP).

Сommissions and charges

The platform doesn’t take any commision charges from customers for opening and servicing accounts. Moreover, the minimal transaction quantity is 5 EUR and the utmost has no restrict. However, there are some charges for various operations:

Commission for exchanging cryptocurrency for fiat – 0.8% -1.35%;

Commission for switch to the financial institution – 0.2% -0.4%;

CoinCollector and E-com Widget Processing Fee – 0.25%;

Credit card buying price – 2%-2.5%.

Swapin Customers 

Companies from numerous fields cooperate with Swapin and actively use the companies of the platform. Among them are RE/MAX, Pax World, Aufort Gold and E-Jewels.


International American real-estate firm, which is one of the leaders on this area.

In order to draw extra clients, RE/MAX determined to combine cryptocurrencies as fee for his or her companies. It started utilizing the InstaPay and CoinCollector instruments from Swapin. Thanks to those options, the corporate solved the issue of accepting funds in cryptocurrency around the globe.

Pax World

Startup based mostly on blockchain expertise, which develops multifunctional decentralized metaverse. The firm’s actions are carried out on the crypto market. Pax World not solely cooperates with Swapin but in addition makes use of its InstaPay and Predefined funds companies for on a regular basis wants.

Aufort Gold

The first firm on the planet which affords to purchase gold for crypto straight on website, because of the E-Com widget from Swapin. The Swapin device helped the corporate get rid of accounting issues and attracted much more new audiences by permitting customers to pay with crypto.


A diamond jewellery retailer in Europe has begun to face frequent buyer requests to purchase jewellery with cryptocurrencies. CEO Henrik Hald turned to the Swapin service for assist and commenced utilizing the CoinCollector device.

With CoinCollector, E-Jewels started to simply accept cryptocurrencies which are instantly transformed into EUR and transferred to the vendor’s checking account, with none issues with accounting and authorized necessities.

Partnership program

The Swapin Partnership program gives customers the likelihood of receiving secure earnings from attracting new customers.

In order to turn out to be a platform associate, the person ought to go to the “partnership program” tab, register to obtain a private partnership hyperlink. Share this hyperlink with mates or publish it on social networks. The reward might be accrued from every alternate transaction that the invited customers make.

Swapin Team 

The staff consists of professionals who’ve in depth expertise within the cryptocurrency {industry}.

Evald-Hannes Kree, CEO & Founder — Kree boasts an MBA, plus years of expertise in E-com and Fintech. He is an early blockchain visionary having been in crypto since 2013.

Joonas Honga, CTO — Honga has 15+ years of engineering expertise, growing advanced software program options. Honga can also be a very long time blockchain fanatic. 

Edward Rebane, CPO — Previously software program dev staff chief and product proprietor, Rebane has constructed a number of startups within the E-com enterprise area, and is an avid crypto fanatic.

Märt Varatu, Head of Sys. Ops — Varatu brings years of expertise in product growth, technical help, and system administration and has been across the blockchain {industry} since 2018.. 

Julia Tarmisto, AML & Legal — Tarmisto affords greater than 10+ years within the EU banking {industry} and fintech sector.

Swapin Consultants 

The Swapin staff additionally gives consultants who can advise customers on working with the platform.

Dimitrij Pruglo — Pruglo is the Founder and CEO of Covesting, and tech investor. Previous expertise consists of Saxo Bank and SEB financial institution. 

Marek Pärtel — Pärtel is the co-founder and CEO of Estateguru, a well-liked fintech speaker, angel investor, and freedom advocate.

Toomas Römer — Römer is the ex-ZeroTurnaround CTO, at the moment working because the Co-Founder & VP of Eng Bolt.

Ian Kalla — Kalla is the CXO Bankish, and a number one BaaS and Core options architect.

Partners and Service Providers

Swapin cooperates with a quantity of corporations and makes use of their companies to make sure the safe operation of the platform.

Veriff — the corporate gives dependable safety and filtering from bots and scammers.

Onfido — AI-based expertise evaluates whether or not a person’s government-issued ID is real or faux after which compares it to facial biometrics.

My EU Pay — the service affords fee companies for people and enterprise shoppers.

Kraken — a cryptocurrency alternate, which is within the TOP-  in phrases of buying and selling quantity.

Coinfirm — an industry-leading danger administration service helps to sustainably scale cryptocurrencies and blockchain protocols.

IBAN — the corporate focuses on offering enterprise options for fee verification.

StartupYard — the corporate helps and invests in new, promising startups

Swapin Roadmap

Swapin has grand plans to develop the venture by means of the top of 2023. Mobile functions might be developed for IOS and Android, Virtual IBAN. There can even be added new property and fee strategies.

Q2 2022

Partnership program: Swapin customers can turn out to be companions of this system to obtain passive referral earnings, inviting mates or corporations to register on the platform. It is value noting that Swapin will commonly launch promotions to extra successfully entice new customers and increase the viewers.

Multicurrency platform: Today, Swapin helps the conversion of cryptocurrencies solely to EUR.  But within the close to future, the flexibility to transform to GBP can even be added. According to the Swapin administration, the method is not going to cease there and new fiat currencies might be added.

InstaBuy: Swapin additionally plans to increase the vary of companies for B2C phase by including a brand new InstaBuy characteristic. This resolution will assist customers to purchase crypto in only a few clicks.

Q3 2022

Expanding the record of out there crypto and fiat currencies: Swapin plans so as to add help for a number of new altcoins to extend the flexibility of the offered companies. 

Partner Widget: This characteristic will enable shoppers, who’ve fiat forex to purchase crypto. It can even enable sellers and their clients to transform earnings from margin buying and selling, NFTs, DeFi, Play-To-Earn, and so forth. in money. Debit card funds can even be accepted.

Portal for retailers: As Swapin’s B2B options develop quickly, the corporate will develop an unique service provider portal the place enterprise house owners or analysts can view transactions, handle buyer information, and extra.

Virtual IBAN: Swapin will implement help for digital IBAN accounts to bridge the hole between crypto funds and conventional funding on the identical platform. The digital IBAN will enable clients to ship cash on their very own behalf, and never on behalf of the corporate, as it’s at the moment.

This fall 2022

Support for SWIFT funds: Swapin like many conventional regulated monetary establishments plans to simply accept SWIFT funds.It is a worldwide fee system that hyperlinks banks to different banks throughout borders and helps transmit transaction directions to monetary establishments around the globe.

Mobile App (Google Play, Apple App Store): A new multilingual app might be launched on the finish of  2022. Users can obtain it completely free by means of Google Play Store and Apple App Store. Swapin customers will be capable of get entry to all revolutionary services and products of the platform  from wherever on the planet.

Swapin v2.0: The fundamental app will obtain a design replace based mostly on buyer suggestions, market demand, and inner firm KPIs. Swapin builders consistently work on the subsequent phases of updating the app. There are much more enhancements deliberate sooner or later.

Updated E-Com plugins for main platforms: Today, E-Com is an easy-to-integrate Swapin fiat-to-crypto funds widget, and works as a plug-and-play setup. It can also be appropriate with a number of main e-commerce options: PrestaShop, WooCommerce and extra. In the longer term this help might be expanded, in order that any enterprise may use the benefits of Swapin fee options. 

Q1 2023

License of an digital cash establishment: In 2023, Swapin is aiming to get an Electronic Money Institution license. It will enable Swapin to turn out to be an entire fee service, imitating many of the options supplied by giant banks. Services embrace bitcoin buying and exchanging it, for instance, to EUR after which making the switch.


The Swapin platform has made an actual revolution in crypto-to-fiat funds. Thanks to the distinctive options offered by the platform, the limitations between the crypto and the financial institution system might be blurred. The growth of the corporate will assist to considerably enhance the curiosity of the mass viewers in cryptocurrencies as a fee instrument.

Moreover, the license, publicity, professionalism, fame of the staff members, and wonderful opinions concerning the platform on Trustpilot depart little question concerning the reliability of the corporate. The legality and safety of transfers is an instance for the {industry} and it’ll carry nice advantages sooner or later in regulating the crypto market. Join now!

Disclaimer: info contained herein is offered with out contemplating your private circumstances, due to this fact shouldn’t be construed as monetary recommendation, funding advice or a proposal of, or solicitation for, any transactions in cryptocurrencies.


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