CoolBitX Partners With Changelly For Crypto Adoption Initiative

CoolBitX Partners With Changelly For Crypto Adoption Initiative

CoolBitX and Changelly have joined forces as they seek to accelerate mass adoption of cryptocurrencies. The two intend to relieve cryptocurrency enthusiasts of relying on insecure software wallets for cryptocurrency storage.

CoolBitX-Changelly Collaboration

Thanks to the collaboration, Changelly will make it possible for CoolWallet S users to trade cryptocurrencies on its exchange. Cryptocurrency exchange will also be possible through the CoolBitX native app. Enabling easy access of the Changelly service on CoolBitX native could be an important step towards mass adoption.

Founded in 2015, Changelly has so far attracted over 2 million users. The popular cryptocurrency exchange provides users with instant and seamless exchanging of currencies at the best market rate. Its CoolWallet S supports a range of currencies from Bitcoin (BTC) to Litecoin (LTC), Ethereum (ETH), among others.

According to Changelly CEO, Michael Ou, their focus is to offer a competitive exchange rate. However, more importantly, is to offer excellent customer support that would allow people the best experience possible.

Founded in 2014, CoolBitX is a Fintech Blockchain security-focused company. The firm specializes in manufacturing secure, U.S. patented digital asset hardware, as well as developing a smart contract platform. Its mission is to facilitate a frictionless exchange process for people who want to invest in cryptocurrencies.

We are happy to collaborate with Coolpix’s professional team. The CoolWallet S is an outstanding product. We couldn’t be more excited to empower it with Chantelle’s instant exchange features. This partnership promises to be a major step toward building trust-based relationships with the crypto community,said Ilia Beer, CEO of Changelly.

Cryptocurrency Mass Adoption Push

In a bid to accelerate mass adoption of cryptocurrencies, the two intend to enhance the ability to swap, send, and receive cryptocurrencies. Providing such support, in addition to secure storage, should go a long way in making it easy for new applications to crop up.

Providing faster-decentralized blockchain technology should also make it easy for people to stop relying on centralized institutions. That way, most of them would shift attention to cryptocurrencies given the benefits they offer as compared to centralized systems.

The lack of proper systems for receiving and sending cryptocurrency has continued to cripple mass adoption. Changelly and CoolBitX plan to change all this. By doing so, they should be able to provide users with a way to profit from lucrative cryptocurrency trading. People will also be able to avoid market volatility by trading more stablecoins.

RISK DISCLOSURE

This article should not be taken as, and is not intended to provide, investment advice. Users are ultimately responsible for the investment decisions he/she/it makes based on this information. It is your responsibility to review, analyze and verify any content/information before relying on them. Trading is a highly risky activity. Do consult your financial adviser before making any decision. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

 

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Author: Ruchi Gupta

Ruchi Gupta works as a freelancer covering various beats from finance to technology and from lifestyle to hobbies. She has an MBA in Finance. Ruchi enjoys writing on celebrities and political news. She likes traveling and exploring places.

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