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Monday, 07/26/2021 9:51:29 AM

Monday, July 26, 2021 9:51:29 AM

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MyCryptoCheckout Integrates Chainlink Price Feeds to Secure Exchange Rates for Global Fiat to Cryptocurrency Conversions



"...We’re excited to announce that MyCryptoCheckout—a peer-to-peer cryptocurrency payment gateway—has integrated Chainlink Price Feeds on the Ethereum mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, MyCryptoCheckout has access to high-quality, tamper-proof price feeds needed to convert worldwide fiat currencies into cryptocurrency prices. This will provide our users with strong assurances that exchange rates are highly accurate, up-to-date, and secure at all times.

Our initial integration involves the use of the following Chainlink Price Feeds: BNB-USD, BTC-USD, ETH-USD. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already secures leading DeFi protocols responsible for billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

To date MyCryptoCheckout is active on 2000+ webshops and has processed over 270,000 payments worth $88MM+. Additionally, the company recently launched a sister project—the cross-chain Rewards Token RWD —that aims to reinvent how customer rewards are distributed, exchanged, stored, and managed..."

https://mycryptocheckout.com/mcc-integrates-chainlink/
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