Denmark based CASP4.8/5Industry first, decentralized exchange framework
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Market-leading Web3 integration
By eliminating the need for wrapped or pegged tokens, it allows true native cross-chain trades. Users retain full control over their funds, ensuring self-custody — even when using hardware wallet.
Our Native Swap product, enables direct asset transfers across multiple major chains. Supporting seamless swapping of assets across any compatible blockchain.
Crypto-crypto
By eliminating the need for wrapped or pegged tokens, it allows true native cross-chain trades.
Unlock
Users retain full control over their funds, ensuring self-custody – even when using hardware wallet.
Bespoke
Our Native Swap product, enables direct asset transfers across multiple major chains.
Cross-chain swap
If you use an external wallet, first send your crypto to your Penning wallet by using the QR code or by copying and pasting the wallet address. You can find your wallet address in your Penning Wallet when signed in on the web app. To send the crypto, you can either scan your QR code or copy your wallet address.
Receive crypto to your wallet
If you use an external wallet, first send your crypto to your Penning wallet by using the QR code or by copying and pasting the wallet address. You can find your wallet address in your Penning Wallet when signed in on the web app. To send the crypto, you can either scan your QR code or copy your wallet address.
How Native Swap actually works
Three steps from source to destination
1. Pick source + destination
Choose what you want to swap from and to. Source and destination can be on different chains — Native Swap handles the routing.
2. Penning quotes the trade
You see the all-in price before you confirm. No spread surprises. No hidden bridge fee. The displayed amount is what settles.
3. Settlement on destination chain
On confirmation, the destination asset settles directly in your Penning account — real BTC on Bitcoin, real ETH on Ethereum. No wrapping, no IOU.
Native Swap vs the alternatives
| Native Swap | Bridge + DEX | CEX | |
|---|---|---|---|
| Settlement asset | Real, native token | Wrapped (wBTC, wETH) | Real, native token |
| Custody model | EU-regulated segregated | Smart-contract escrow | Pooled custody (varies) |
| Time to settle | 1–10 minutes | 5–30 minutes | < 1 minute (internal) |
| Wrap/unwrap cost | None | Yes, on both ends | N/A |
| Withdrawal to L1 | Built into the swap | Separate transaction | Separate transaction |
| MiCA regulated | Yes — Danish FSA | No | Varies |
30+ supported networks
Native Swap routes across these major Layer-1s and Layer-2s, with new chains added continuously:
Common use cases
Move profits to a stablecoin
Swap from a volatile asset on its native chain straight into USDC, PUSD or EEUR — no bridge intermediary, no DEX gas.
Rebalance a portfolio
Rotate exposure between Bitcoin, Ethereum, Solana and Cardano in single trades. Each leg settles on the destination chain natively.
On-ramp into a Layer-2
Swap from EUR or USDC straight to Arbitrum / Optimism / Polygon assets without using a separate bridge.
Diversify into an emerging Layer-1
Take a position in a new Layer-1 (Cosmos, NEAR, Tezos) without manually setting up a separate wallet or bridge.
Supported tokens
Trade & invest across 190+ tokens on 28+ networks — need a specific asset or size? We'll source it via a custom mandate.
Testimonials
Excellent support and an easy-to-use platform! The phone is always answered quickly, or they call back shortly after if you have any questions. Just a few hours from fiat in your traditional bank to crypto in your own wallet.
Ulrik Bruhn
October 21, 2025
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