Changelly Partners Up With Its Major Rival Binance
Changelly, an instant digital currency exchange has joined forces with Binance which is the top digital currency trading platform in order to provide its digital currency users with a greater scope of tokens, better rates that are offered by Binance and quicker transactions.
Konstantin Gladych, the CEO of Changelly met the CEO of Binance in Malta, which is the new operation base of the exchange. Changelly reported the partnership on the Medium and shared the points discussed in the gathering including government regulations and major industry issues.
Gladych shared his fervor about the partnership by remarking:
“This partnership is a huge honor for Changelly: I am sure that it will help us provide even higher-quality service to our users around the world and increase our presence on the crypto market. The top exchange trusts us to have business with — this gives us confidence in what we do, and also a responsibility to ensure five-star user experience. We are up for the challenge!”
Changelly enables its users to in a split second purchase more than 100 of altcoins by utilizing a bank card and exchange of tokens and coins too. The exchange additionally offers its API feed alongside a payment gadget widget that makes for quicker and consistent transactions.
Binance’s CEO, Changpeng Zhao otherwise known as CZ remarked on the partnership with:
“After meeting Konstantin in person to finalize our partnership, I am confident that Changelly has a professional team with great experience and even bigger potential. We believe that together we will provide users all over the world with a top-class level of service.”
Since its commencement in 2015, Changelly has increased more than 2 million registered clients and procedures around 15k transactions every day. The exchange has additionally partnered with other crypto platforms like Bittrex, Coinmarketcap, Coinomi, Jaxx, and Breadwallet that aides in expanding their market share.
With regards to Binance, the exchange boasts of 1.4 million orders processing every second which is a not a simple accomplishment given the present market condition where the rivalry is high. Being one of the major exchanges in the market, Binance is a gigantic competition for Changelly where this partnership opens up a progression of opportunities for Changelly as far as all the more trading pairs and quicker transactions.
While Binance is the leading player in the crypto market, this partnership would bring additional liquidity from somebody that has a turnover of around 60,000 BTC and in excess of 2 million clients. This partnership is a win-win situation for both the exchanges as the attention is on long-term benefits.
