Aggregator 1inch Network has announced a partnership with fintech firm Ground X, a subsidiary of Kakao.
Klip Wallet - is a Korean product that provides a crypto wallet that is designed with all security regulations in mind and is one of the most convenient in its market. Klip allows you to buy, sell, exchange and store cryptocurrency using your mobile device.
The main audience of the crypto wallet is the citizens of South Korea. As statistics shows, this figure exceeds 95%. According to the press release, the app has an audience reach of over 2 million users.
This partnership is beneficial to both parties where Klip will get 1inch Swap API t support from the 1inch community.
For 1inch, the new partnership is in line with the company's vision to expand its presence in the APAC region.
1inch Swap API
The 1inch Swap API v5, Pathfinder, is a cutting-edge discovery and routing algorithm, which offers asset exchanges at the best rates on the market. Pathfinder finds the most efficient paths for a token swap, able to split between different protocols and even different market depths in within one protocol in the shortest possible time.
Let's make a comparison:
Comparison table between Klip Wallet and Klip Wallet with integrated 1inch Swap API:
The integration of 1inch Swap API into Klip Wallet will improve the token process.
It will provide more features, better liquidity, advanced customization and enhanced security. It will provide users with a more convenient and efficient token exchange experience in Klip Wallet.
Klip Wallet API:
New benefits:
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access to the best rates
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expanded list of swappable asset pairs
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improved trading opportunities for users
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optimal paths for token swaps
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ability to execute transactions in the shortest possible time
and many others benefits …
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For a better understanding of how Klip Wallet works, I suggest further reading their documentation:
I would also advise you to delve into the 1inch API process:
I'll be writing more about Klip Wallet in the near future as I follow its development and how the 1inch Swap API can impact the growth of the product.
You can also expect more reviews from me on 1inch partners in the future, especially if they utilize the 1inch API.
Thanks for your attention!
