LI.FI has integrated crypto.com into its Onchain Wallet. This collaboration allows users to easily perform same-chain and cross-chain swaps within the Onchain Wallet. The integration increases the number of trading pairs from almost 70 to over 300, which adds to the platform’s value and usefulness.
Through LI.FI’s aggregation stack consists of over 30 decentralized exchanges, DEX aggregators, and Solvers. The integration ensures that users get the best possible prices on their transactions. In addition, this update adds enhanced bridging features to support Layer 2 chains, Solana, Bitcoin, and other networks with Cronos. This feature increases the availability of user possibilities for cross-chain transactions to support more decentralized finance (DeFi) processes.
Enhanced User Experience with Multi-Chain Support
The integration offers users access to wide blockchain networks, such as Bitcoin, Ethereum, Solana, Polygon, Base, Binance Smart Chain, Cronos, Arbitrum, Avalanche, and Optimism. Such extensive support allows users to interact with over 1,100 tokens on 30+ chains directly from the Onchain Wallet.
For instance, it is now easier for the user to swap USDT from Ethereum to Polygon without navigating through different platforms within the wallet interface. This activity helps avoid using external platforms, making it safer and more effective in transacting. Crypto.com sees two major objectives in the integration of LI.FI: to promote the user experience and expand the use of digital assets among the population.
Crypto.com’s Commitment to Innovation and Security
Crypto.com was started in 2016, and the company is also known for its regulatory compliance, security, and privacy. It offers a wide range of tools for users worldwide, focusing on the safest procedures of acquiring, selling, and managing digital assets with the confidence and trust of over 100 million people. The integration with LI.FI aligns with Crypto.com’s strategic venture and the vision of providing everyone with equal opportunities regarding cryptocurrencies.
Crypto.com is successfully deepening its presence in the cryptocurrency market and offering a reliable and feature-rich environment by optimizing on-chain operations and expanding its wallet functionality.
