Bitcoin Layer 2 Trading Protocol Velar Dharma announced that it has integrated with Xverse, a leading non-custodial Wallet for Bitcoin’s Layer 2 Ecosystem.
The automated market maker of Velar Dharma (AMM) allows Xverse wallet users to perform Bitcoin exchanges within their wallet.
Velar Dharma is now the only provider of Bitcoin Layer 2 Swaps on Xverse Wallet. Users can trade Bitcoin (BTC), Stacks STX, and other assets including stablecoins over the Bitcoin Layer 2 Network, Stacks.
The partnership will enhance Bitcoin trading for users by combining Velar’s trading abilities with Xverse’s easy-to-use interface.
Xverse’s integration of Velar Dharma expands its capabilities
Xverse’s web3 wallet is a secure and comprehensive tool that allows you to trade and store assets like BTC, Ordinals and Runes.
Xverse is available on mobile devices and in browser extensions.
Velar Dharma is now fully integrated into the wallet of users, allowing them to execute swaps without additional steps. The convenience and security of Bitcoin traders is enhanced.
Velar CEO Mithil Thákore said, “We are delighted to be the exclusive exchange partner of Xverse. Their wallet offers unrivalled access to Bitcoin’s and the growing L2 eco-system.
This ability will allow Bitcoin users to access a variety of tokens and retain full control of their assets.
Ken Liao CEO of Xverse echoed the sentiment and stated: “The Velar swaps integration in Xverse provides a higher level of convenience for Xverse’s users, as well as improvements to Bitcoin layer 2 liquidity.”
Bitcoin DeFi: Improved access and liquidity
Velar Dharma’s integration gives Xverse customers access to large liquidity pools. This allows them to exchange assets efficiently and quickly at highly competitive rates.
Velar will soon expand their services to other Bitcoin Layer 2s, allowing users to access even more decentralized financial (DeFi), opportunities in the Bitcoin ecosystem.
Velar Dharma has taken a major step in establishing itself as a decentralized Bitcoin exchange.
Velar’s AMM can be demonstrated to a wider audience of Bitcoin users by powering Xverse’s swap function.
Velar Dharma’s integration with Xverse should attract even more Bitcoin users who are looking for efficient and secure trading options within the Bitcoin ecosystem.
Trading with confidence and ease
With the new integration, Xverse customers can enjoy Velar Dharma’s powerful trading engine within their wallet interface.
This partnership allows users to maintain full ownership of assets and tokens while allowing them to seamlessly swap between multiple assets on Layer 2 Bitcoin networks.
Velar Dharma is the only provider of Xverse swap services. This integration represents a major milestone in decentralized financial evolution on the Bitcoin Network.
Velar’s collaboration with Xverse aims at increasing liquidity, and providing greater opportunity for Bitcoin natives who want to get involved in the rapidly growing DeFi world.
The post Velar Integrates with Xverse Wallet for Bitcoin Layer 2 Swaps can be updated as new information becomes available.
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