Reading time: ~2 m
Payment company DePay has launched a new open source technology for donations Web3, which will instantly convert any digital currency
DePay has launched the first website plugin that converts donations into tokens selected by the recipient. The DePay Donations web add-on instantly exchanges any cryptocurrency that comes in.
A Swiss startup is developing Web3 payment systems using DeFi capabilities. A new free plugin will allow you to accept donations without intermediaries.
The payment protocol is open source, supports several blockchains and more than 100 of the most popular cryptocurrency wallets. Payments are made through the P2P system, and the decentralized conversion of tokens will take place through liquidity pools such as Uniswap or PancakeSwap.
The recipient will be able to choose tokens into which incoming donations are instantly converted.
The new development will be an alternative to the use of centralized payment gateways. The site owner will no longer need to specify the addresses of wallets on the site, which required large administrative costs to monitor them.
#plugin #instantly #convert #incoming #cryptocurrency #tokens