# What is Swapin?

## Introduction

Swapin is a fast, licensed, and regulated on- and off-ramp payment solution from the EU. Established in 2017, Swapin is a pioneer in crypto-to-bank payments. Our mission is to bridge the gap between Web3 payments and the traditional banking system, making using cryptocurrency as easy and seamless as any other currency.

## Benefits of Using Swapin

**Crypto and fiat coverage** 

Swapin supports over 10 top cryptocurrencies (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, TRX, USDC, TON,  BNB, BUSD) and 2 fiat currencies (EUR and GBP). Operating in [SEPA](https://www.ecb.europa.eu/paym/integration/retail/sepa/html/index.en.html), we process payments in 36 countries, including all EU member states. Additionally, we accept customers from [178 countries and jurisdictions](https://swapin.gitbook.io/swapin-partner-api/end-customer-experience/supported-countries).

**Safe and secure**

As a [licensed](https://mtr.ttja.ee/taotluse_tulemus/541689) and regulated payment solution from the EU Swapin can assure our customers funds are safe. Swapin is a non-custodial solution which means we don’t hold funds and use them immediately to proceed with a payment.

**Fast payouts**

95% of Swapin's crypto-to-bank payments are processed in 5 minutes or less. We offer real-time payouts for bank accounts that support instant SEPA payments.

**Crypto-friendly payments** 

With our Dedicated IBANs feature, end customers can make seamless payments in their name.

**Award-winning solution** 

Swapin is a proud member of [GAN network](https://www.gan.co), [StartUp Yard](https://startupyard.com), [CryptoValley](https://cryptovalley.swiss) and [Estonian Chamber of Commerce](https://www.koda.ee/en). [MasterCard Lighthouse FINITIV](https://mclighthouse.com/finitiv/) member and [MasterCard People's Choice Award winner](https://www.mastercard.com/news/europe/en/newsroom/press-releases/en/2023/winners-of-mastercard-s-lighthouse-spring-2023-programs-announced/) in Spring 2023 FINITIV Class.

## What is Swapin Partner API?

The Swapin Partners API offers a dynamic opportunity for partners to seamlessly integrate on- and off-ramp payments into their Web3 projects. Through this API, partners can leverage the provided endpoints to initiate transactions within the Swapin system.