LetsExchange, a crypto exchange platform supporting the largest number of cryptocurrencies worldwide, will implement a native integration for the Avalanche blockchain as part of an agreement with Ava Labs.
Ava Labs, founded in 2018, is the project behind Avalanche, a layer-1 blockchain that functions as a platform for decentralized applications (dApps) and custom blockchain networks. As a result of the above integration, LetsExchange users will benefit from enhanced speed and reliability on transactions taking place on Avalanche. Moreover, AVAX, the native cryptocurrency of the Avalanche platform, will be available for swaps via Telegram bots, API, and white-label products offered as B2B solutions by LetsExchange.
Users can continue swapping AVAX, the native cryptocurrency of the Avalanche platform, on the LetsExchange widget and the official Telegram bot, as usual, and on third-party wallets, apps, and platforms that integrate the exchange functionality via API or customizable widget. Cross-chain swaps are also possible in the widget's Swap and Bridge modes, enabling moving AVAX funds between the different blockchains in which this cryptocurrency operates. All transactions are secure, and the crypto funds involved are legit, thanks to automatic AML verification on LetsExchange that identifies and flags coins involved in illicit activity.
Alex J., Chief Product Officer (CPO) at LetsExchange, expressed his enthusiasm about this development and commented: “We are thrilled by our extended collaboration with Ava Labs. The native integration for Avalanche will allow seamless and faster transactions for our users and access to the blockchain tokens supported by LetsExchange’s liquidity providers. The exposure of all these crypto assets to a broader user base will certainly increase the adoption of the various crypto solutions available on the Avalanche blockchain.”
Avalanche is a cutting-edge level-1 blockchain platform for dApps and custom blockchain networks. Launched in 2020, Avalanche has set out to be the go-to platform for speed, flexibility, security, and affordability. Its open-source nature makes it a true community-driven project. One of the standout features of the Avalanche blockchain is its ability to achieve near-instant transaction finality. AVAX is the native cryptocurrency of the Avalanche blockchain, used to cover transaction fees, secure the network, and serve as a standard unit of value across the Avalanche network.
LetsExchange is a one-stop crypto exchange hub boasting support for more than 5,000 coins and tokens – the most extensive asset selection available in the market. Users enjoy a wide range of services, including crypto-to-crypto swaps, cross-chain swaps, bridge, decentralized exchange (DEX) capabilities, and on-ramp/off-ramp functions. LetsExchange allows its partners to integrate crypto-to-crypto swap and cross-chain features via API. Additionally, DEX and Buy/Sell functionalities can be accessed through customizable crypto exchange widgets and Telegram bots.