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Changelly to boost the UI by adding functionality

Changelly to boost the UI by adding functionality
Ali Raza
Apr 21, 2020, 07:59 AM
  • Changelly made another move with the goal of making the process of buying crypto easier and faster.
  • Exchange just launched its new fiat-to-crypto marketplace, which will allow users to compare different deal.
  • The exchange hopes to make the process of buying crypto more available, simpler, and faster than ever.

Popular cryptocurrency exchange, Changelly, just announced the launch of its new functionality. The new addition to the exchange's service is a fiat-to-crypto marketplace.

Changelly adds a new marketplace

Changelly stated that its goal is to improve user experience during trading. The exchange decided that the best way to do it is to allow easier acquisition of cryptocurrencies. According to the exchange, this is now possible in only three simple and short steps.

As many likely know, Changelly is an instant crypto exchange, meaning that it doesn't store user funds on its platform. Its popularity grew quite a bit since its launch in 2015. During these five years, it acted as an intermediary between users and exchanges. It also supports over 150 different coins and tokens.

However, while a very popular and useful exchange, it still doesn't feel like its mission of making the process effortless is completed. It wants to make it even easier for anyone to invest in crypto. Meanwhile, it has plenty of great qualities, such as fast transactions, high limits, and non-stop customer support.

Old methods of buying crypto are not good enough

Of course, Changelly knows that there are plenty of ways to purchase crypto with fiat these days. But even so, the process is far from being quick and easy. Exchanges usually require users to go through several complicated transaction processes to do it. Not to mention high fees along the way, which reduce users' total funds.

Now, the exchange found a way to fix this by offering a new, frictionless experience. It uses its new fiat-to-crypto marketplace, which combines reputable fiat providers and best offers from the crypto world. In other words, users can compare different rates and limits, and then opt where to buy crypto from.

Its marketplace currently aggregates offers from several sources. That includes MoonPay, Coinify, Simplex, Wyre, and Indacoin. However, others will also join in due time.

The company's CEO, Eric Benz, said that Changelly's goal always revolved around being able to provide the fastest and easiest ways to buy and swap crypto. It already made a big difference in the crypto world two years ago. Back then, it became the first to allow the purchase of crypto via credit and debit cards. This move caused every other exchange to do the same.

"With the more fiat options becoming available we felt it best for our customers to have a tool, which provides all the best rates from different fiat partners we work with," he concluded.