Alby integration announcement: Stacking sats with DFX

Alby integration announcement: Stacking sats with DFX

Alby is pleased to announce an integration with DFX; an exchange service to buy and sell bitcoin via simple bank transaction. Alby users can now connect their Alby account to DFX and conveniently stack sats or top up their bitcoin balance.

Stacking sats with DFX

DFX, short for Decentralized Finance Exchange, is a Switzerland based company offering exchange services for bitcoin. Users can buy with simple SEPA bank transactions or even faster with SEPA-Instant and receive bitcoin within minutes. DFX only charges a fee of 0.99%. For transactions up to €990 it works without additional identity documents.
As a user you can also sell bitcoin directly to your bank account and receive the payout amount in Euro, USD or CHF.

Alby provides a solution for DFX

The lightning network, a payment protocol layered on top of bitcoin, is a perfect fit to streamline payments for fintech applications. Alby provides an API and SDK to enable inexpensive and instant transactions in an open payment network. Every person worldwide has the chance to become a participant in the global online economy and transact with peers and apps. FinTechs such as DFX can now enable programmable payments for their users with no node or infrastructure setup.

How does it work?

You have an Alby Account and the Alby browser extension installed.

  1. Visit https://lightning.dfx.swiss/
  2. Click on 'Connect to Alby' to link your Alby Account to the website.  
  3. Select the amount of BTC to buy, pay via Sepa and receive bitcoin directly in your Alby Account
  4. Optionally, you can initiate another bank transaction as often as you like, and automatically receive Sats into your wallet. AutoDCA directly into your Lightning Wallet!

Alby and DFX into the future of payments

Cyril Thommen, founder of DFX, says “With the decision to offer a Lightning ⚡️on and off ramp, it was immediately clear to us that we wanted to seek a integration with Alby, as Alby is one of the companies where we see the most potential for Lightning adoption. We are very happy that this cooperation worked out right away and we plan to implement further features together with Alby. Perhaps it will soon be possible to add an Alby account to our Bitcoin wallet. Stay tuned. 🐝”.  

Interested in integrating more efficient global payment rails?

Let’s build something together. Alby is offering a set of tools and APIs helping you to create innovative features for your users with cutting edge technology. Learn more and reach out.