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What is Swapsy?

Swapsy stands out as a forward-thinking FinTech startup that aims to create a frictionless marketplace for individuals looking to exchange foreign currencies effortlessly. On the Swapsy platform, users can engage in peer-to-peer currency swaps through their preferred e-wallets—such as Zelle, PayPal, Alipay, and WeChat Pay—without Swapsy ever handling client funds; instead, the service enables users to share their e-wallet information directly for currency exchanges. After successfully completing the UCSD Rady StartR accelerator, Swapsy is now part of the EvoNexus and Mucker Lab incubators, positioning itself for further growth. The company's team, comprised of expatriates and former international students, is passionately committed to revitalizing the outdated currency exchange sector by providing options that are nearly cost-free. To ensure trust and security, every participant is required to complete an ID verification process before they can engage in swaps, which guarantees that all exchanges are made with verified individuals. This dedication to user safety not only fosters a secure environment but also significantly enhances the overall user experience, making Swapsy a trustworthy option for all currency exchange requirements. As it continues to evolve, Swapsy aims to expand its offerings and reach a wider audience in the global marketplace.

What is Binance P2P?

A peer-to-peer exchange, commonly called a P2P exchange, provides a platform for users to engage in direct transactions of cryptocurrencies with one another, enabling trades across practically any country. When a P2P order is initiated, the cryptocurrency being purchased is held in escrow by Binance P2P until the deal is completed. To finalize the transaction, you must send the payment to the seller via the suggested payment methods, and after the fiat transfer, you will need to click "Transferred, notify seller" on the Binance P2P platform. The seller is required to confirm receipt of the payment before the cryptocurrency in escrow is released to the buyer. The simplicity of P2P exchanges results in low overhead for both parties involved in the transaction. On Binance P2P specifically, takers, or buyers, face no trading fees, while makers, or sellers, pay a minimal fee for each transaction completed, reflecting a commitment to keeping fees as low as possible across all market segments. This system also allows sellers the flexibility to select their favored payment options, with Binance P2P offering more than 150 choices such as bank transfers, cash payments, PayPal, M-Pesa, and a variety of e-wallets. Ultimately, the P2P exchange model gives users increased control over their trading processes and fosters a more personalized trading environment. This empowerment can significantly enhance the overall trading experience for individuals looking to navigate the cryptocurrency landscape.

Media

Media

Integrations Supported

Alipay
Bitcoin
Ethereum
Meld
Onramper
P2PTrader.Pro
PayPal
WeChat Pay
Zelle

Integrations Supported

Alipay
Bitcoin
Ethereum
Meld
Onramper
P2PTrader.Pro
PayPal
WeChat Pay
Zelle

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Swapsy

Date Founded

2017

Company Location

United States

Company Website

swapsy.com

Company Facts

Organization Name

Binance

Date Founded

2017

Company Website

p2p.binance.com

Categories and Features

Currency Exchange

Analytical Reporting
Client Management
Custom Account Statements
Data Backup Scheduling
For Money Exchanges
Margin Management
Market Data Access
Position Management
Real Time Currency Quotes
Real Time Tracking
Transaction Management

Categories and Features

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