Velar Dharma Partners with Xverse for Enhanced Bitcoin Trading
- Integration enables users to execute Bitcoin L2 swaps effortlessly within the wallet.
- Exclusive partnership for Bitcoin L2 swaps available through Xverse.
- Users benefit from quick and secure swap options with competitive rates.
Velar Dharma, an innovative Bitcoin layer 2 (L2) trading protocol, has officially partnered with Xverse, a leading non-custodial wallet that caters to the Bitcoin L2 ecosystem. This collaboration empowers Xverse users to engage in asset trading, such as BTC, STX, and stablecoins, directly via Velar Dharma’s automated market maker (AMM) engine.
Exclusive Bitcoin L2 Swap Services in Xverse
Under this collaboration, Velar Dharma is designated as the exclusive provider of Bitcoin L2 swaps on the Xverse platform. Users can now trade using the Stacks L2 network, facilitated by Velar’s extensive liquidity pools that promise prompt, secure, and competitively priced swaps.
Enhancing User Experience with Secure Transactions
Xverse is well-regarded as a web3 wallet that provides a secure and beginner-friendly entry point to the Bitcoin ecosystem. Users can effectively store and manage a variety of Bitcoin L2 assets, including BTC, Ordinals, and Runes. The wallet is accessible both as a mobile application and a browser extension, enhancing user accessibility.
With security features such as built-in Ledger integration, Xverse assures its users of robust asset protection.
Leadership Insights on the Collaboration
Mithil Thakore, CEO of Velar Dharma, expressed excitement about the partnership, stating, “We are thrilled to be the exclusive swap partner for Xverse, whose wallet offers unmatched access to the Bitcoin L2 ecosystem. This collaboration allows Bitcoin enthusiasts to trade directly within the wallet while maintaining full custody of their assets.”
Ken Liao, CEO of Xverse, reaffirmed the value of this integration, noting, “The addition of Velar swaps within Xverse will enhance user convenience and bolster liquidity for Bitcoin L2 trading.”
Strategic Move in the Bitcoin DeFi Landscape
Velar Dharma’s integration into the Xverse wallet marks a pivotal moment in its ambition to establish itself as the primary decentralized exchange in the Bitcoin ecosystem. By accommodating multiple Bitcoin L2 networks, Velar Dharma is significantly broadening access to decentralized finance (DeFi) opportunities for a wider audience.
This partnership signifies substantial progress for both companies as they strive to innovate within the Bitcoin DeFi sector, offering users secure, efficient, and flexible trading alternatives.
