RocketX Announces Beta Launch of Its API for Multichain Crypto Swaps

1:30 am
November 27, 2023
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**RocketX Unveils Beta Launch of Its API for Multichain Crypto Swaps**

RocketX has introduced the beta phase of its developer application programming interface (API), which aims to simplify the deployment of multichain decentralized applications (dApps) across various blockchains. The API is designed with robust Anti-Money Laundering (AML) protocols to ensure compliant multi-chain asset swaps, as indicated in a press release shared with Coinspeaker.

The API includes an advanced discovery and routing algorithm, enabling self-custodial asset swaps both on-chain and across different chains. Moreover, it leverages a liquidity pool exceeding $100 billion from over 450 centralized and decentralized exchanges. The team at RocketX intends to connect every dApp across the leading decentralized networks in the crypto industry, fostering accessibility and simplifying the multi-chain journey.

**Simplified Integration with RocketX API**

Developers can now seamlessly integrate RocketX’s hybrid aggregator into various dApps using just a few lines of code. The API provides a versatile solution for the crypto community, offering benefits such as competitive rates within 200 DeFi ecosystems and the lowest fees, with a response time of less than 1ms.

The ongoing beta launch of RocketX’s API is expected to open up new horizons for applications like GambleFi, GameFI, and AI applications. Users can now access deep liquidity in the market and conduct self-custody order transactions directly within their favorite dApps.

**Enhanced Security and Risk Mitigation Measures**

In addition to its functionalities, RocketX’s API is equipped with robust Anti-Money Laundering (AML) protocols, ensuring compliance with multi-chain asset swaps. The API integrates a risk mitigation system that employs on-chain analysis to automatically place suspicious transactions on hold, ensuring compliance with regulatory standards.

Earlier this month, RocketX integrated MicroVision Chain into its platform to enhance interoperability among blockchains, thereby connecting to over 100 leading blockchains in the industry.

Through these initiatives, RocketX is dedicated to simplifying the complex world of cryptocurrencies while ensuring a seamless collaboration among multiple blockchains.

*FAQs:*

1. **What is RocketX’s API?**
RocketX’s API is a developer application programming interface designed to streamline the deployment of multichain decentralized applications (dApps) across various blockchains.

2. **What are the benefits of the RocketX API for dApps?**
The API offers benefits such as competitive rates within 200 DeFi ecosystems, lowest fees, and seamless integration into various dApps, such as decentralized applications (DeFi), non-fungible token (NFT) marketplaces, and blockchain games.

3. **How does RocketX ensure compliance with regulatory standards?**
RocketX’s API is equipped with robust Anti-Money Laundering (AML) protocols and a risk mitigation system that employs on-chain analysis to automatically place suspicious transactions on hold, ensuring compliance with regulatory standards.

4. **What recent integration has RocketX announced?**
RocketX recently integrated MicroVision Chain into its platform to enhance interoperability among blockchains, connecting to over 100 leading blockchains in the industry.


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