While it is clear that fiat money continues to dominate, the cryptocurrency space is rapidly evolving and positioning itself to dominate the future of finance. Until 2017, mainstream media were skeptical about cryptocurrency and its essence. Almost all major news outlets today are dedicated to cryptocurrency and DeFi. It cannot be denied that everyone should get an education in cryptocurrency investments and what they have to offer.
coinchange.io
Decentralized finance: the next big step
The DeFi ecosystem is booming, making it one of the most popular buzzwords in the cryptosphere. According to the metric site DeFi Pulse, about $ 1 billion was locked in DeFi protocols in June 2020. By January 2021, the number of cryptocurrencies in smart contracts exceeded $ 20 billion.
So what is DeFi? Simply put, Decentralized Finance or DeFi excludes intermediaries from financial services and is built on the blockchain. This means that you can lend, borrow, exchange funds and conduct other financial activities without relying on third parties.
However, since DeFi is new, the concepts can be daunting, even for seasoned crypto investors. This leaves a huge gap between user experience, investment opportunity, and profitability. To address this issue, Coinchange aims to entice the average user to eliminate the complexities of DeFi and provide a convenient trading and investing platform.
Coinchange closes the gaps
As a highly profitable fintech company for consumers, Coinchange combines simplicity and profitability to provide a solid investment opportunity for both mid-sized and professional users. Coinchange started out as a cryptocurrency brokerage platform and later developed into a lucrative platform for stable investment in coins. They deliver risk-adjusted returns through data analytics, sophisticated modeling, and intelligent execution.
Trading on Coinchange
Anyone can easily buy and sell popular cryptocurrencies with zero commission. Using state of the art technology that connects the Coinchange platform with many other DeFi exchanges and platforms, trading is available and updated in real time at the best possible price with the lowest cost.
As a way to further lower barriers to DeFi, the Coinchange merchant account allows users to easily deposit and withdraw fiat money using debit cards or ACH, send cryptocurrencies like BTC, ETH, USDC, or USDT to their non-custodial wallets.
Earnings through currency exchange
High Yield Account is Coinchange's flagship product that uses algorithmic strategies to predict the performance of over 100+ DeFi protocols and then identify the option with the highest yield. Simply put, the highly profitable Coinchange account brings its users up to 25% per annum on their stable investment in coins, which is already more than what traditional finance offers to ordinary investors. According to their roadmap, ETH and BTC deposits will be accepted on their highly profitable platform, which means only that users will be able to hold and earn passive income from currency appreciation.
Why is Coinchange unique?
Over the years spent designing and developing a customer-centric platform, the Coinchange platform brings together all the necessary services under a single platform, including a consolidated wallet and dynamic charts so that users can trade and earn with ease. They also have key features that set them apart from other DeFi platforms, from an easy-to-navigate platform to implementing advanced security processes to mitigate DeFi-related risks and keep users' funds safe. They work in partnership with reputable third-party digital security platforms like Fireblock and Coincover to insure user deposits and make sure users can withdraw their funds in the unlikely event the company loses access.
In addition, being a fully regulated business in Canada with an MSB license valid until 2023 is another reason for Coinchange's uniqueness. Regulatory clarity is a gray area in the DeFi space due to ongoing SEC crackdown on projects like this. Coinchange, however, is licensed by FinCen in the US, making them fully compatible to operate in 33 US states, with more to come in the future.
Conclusion
As 2021 continues to be bullish for cryptocurrency, decentralized finance will continue to dominate modern finance. Coinchange, with its user-friendly features and a strong focus on fund security, is one of the most efficient cryptocurrency mining platforms in the space for both beginners and experts.
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