Crypto APIs launches Automatic Tokens Forwarding
05/19/2020

Crypto APIs, the leading infrastructure layer for blockchain and crypto products, has announced a major new feature today, Automatic Tokens Forwarding.

Online PR News – 19-May-2020 – San Francisco, CA – Crypto APIs, the leading infrastructure layer for blockchain and crypto products, has announced a major new feature today. Automatic Tokens Forwarding allows customers to automatically forward ERC20 tokens, including Tether (USDT) and Omni Layer, from one address to another securely and in a robust way.

Automatic Tokens Forwarding is an extension of the existing feature Automatic Payment Forwarding, that supports users of Crypto APIs to easily forward cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, DOGE, DASH, Ethereum Classic, Zilliqa and many more from one address to another. Automatic Tokens Forwarding allows the same functionalities, but for all existing ERC20 tokens and Omni layer tokens.

Using Crypto APIs’ new feature, developers can look forward to saving resources on maintaining hot wallets and addresses, as they mainly serve to identify the sender of funds. Instead, with our Webhook feature, users can choose to be notified of certain events, and this has been proven to be highly useful for developers of Crypto exchanges and Crypto Wallets.
One big obstacle for many programmers and traders that engage in manual transfers of ERC20 tokens is that they need to have gas to move the funds. This problem was solved by Crypto APIs’ engineers who now allow developers to have one gas address for their token forwards, eradicating one of the biggest problems in Ethereum transactions.

About Crypto APIs: Crypto APIs is the leading infrastructure layer for software engineering teams to build crypto and blockchain products faster. Crypto APIs offering includes:

• Wallet as a Service: Supports 1,000+ coins and tokens.
• Blockchain APIs: Provides complete Blockchain Data, transactions, addresses, Webhooks and broadcasting to public blockchains.
• Market Data: Extensive Crypto Market Data from top crypto exchanges
• Trading APIs: Managing digital assets portfolio on multiple exchanges with simply one integration

Crypto APIs is the backbone of top crypto exchanges, crypto wallets, payment processors and hardware wallets serving thousands of users.