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Home»DeFi»LI.FI integrates ThorChain for native Bitcoin swaps with EVM chains
DeFi

LI.FI integrates ThorChain for native Bitcoin swaps with EVM chains

2024-08-15Updated:2024-08-16No Comments1 Min Read
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LI.FI, a cross-chain liquidity options supplier, has built-in ThorChain to assist native Bitcoin (BTC) swaps. This integration, powered by SwapKit, permits customers to trade native Bitcoin with belongings on EVM chains straight inside their wallets and purposes.

The transfer simplifies Bitcoin accessibility for customers primarily holding belongings on EVM chains. LI.FI’s integration with ThorChain eliminates the friction in buying BTC, enabling customers to purchase native BTC straight inside their most popular wallets and purposes.

This improvement additionally brings ThorChain assist to EVM chains, including to LI.FI’s in depth listing of supported bridges. The combination affords wallets, DeFi platforms, and enterprise purposes the chance to reinforce their choices by offering customers with a safe and straightforward approach to purchase BTC or swap between it and different belongings on EVM chains.

LI.FI is actively engaged on extending assist to Bitcoin Layer 2 options, aiming to supply purposes larger flexibility in tapping into the Bitcoin community’s potential. The corporate plans to share insights from its exploration of the Bitcoin ecosystem by upcoming analysis articles.

The combination is accessible by the LI.FI API, facilitating simpler incorporation of Bitcoin into numerous platforms and purposes.

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See also  $1,505,416,204 in Bitcoin (BTC) Flows Into Binance Crypto Exchange in Just 30 Days: On-Chain Data
Bitcoin chains EVM integrates Li.Fi native swaps THORChain
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