0x Labs Launches Tx Relay API on Ethereum and Polygon, with Robinhood Wallet as first partner

0x Labs announced the beta launch of their Tx Relay API on both Polygon and Ethereum, making it easier for developers to create frictionless crypto experiences.

One of the key problems with Web3 is the need for users to hold and maintain balances for each chain’s native token to pay for transactions, which can be a significant barrier to adoption. With the Tx Relay API, developers can now build more intuitive user interfaces for their applications, allowing for easier onboarding of new users into Web3.

The Robinhood Wallet is the first partner to leverage the Tx Relay API. Robinhood Wallet will be able to offer a more streamlined and user-friendly experience for its users. The API abstracts away complexities related to approvals, allowances, and swaps, simplifying user flows and enabling users to start trading with any token that’s in their wallet without upfront requests for approvals and network fees.