Changelly currency exchange platform brings on Crypto Godfather Charlie Shrem as advisor as their numbers rise; could outperform ShapeShift coin exchange
Changelly is an automated crypto currency exchange platform where you can switch/exchange crypto currency pairings easily and quickly within the platform, similar to their competitor ShapeShift - which is run by Erik Voorhees, long time Crypto pioneer like Shrem.
They are newer to the market of crypto currency exchanges, but tested in beta for 6 months, before making their platform publicly available on launch in April 2016.
Changelly's launch happened last year, as the ShapeShift platform went down, with reports that it had been compromised and threatened.
ShapeShift's key features are that customers can login from anywhere and convert supported crypto currencies immediately without registering, keeping customer privacy top priority. It doesn't ask for your customer ID etc. as proof.
The developers of Changelly are MinerGate, which is 1 of crypto currency's oldest mining pools, that has about 2M users globally. Their interface is simple and clean like ShapeShift's:
The options for the conversion between crypto currencies are similar, but one could say "simpler". Changelly differs from ShapeShift in that there's an option for instant payment with fiat bank / credit cards for any listed crypto currencies, & there’s no ID / account restrictions for crypto - crypto transactions.
I know there are restrictions based on your country of origin for some things when trying to purchase crypto using fiat cards/currency similar to other companies.
There is a lot of demand for exchange services like this in the crypto space for sure. It is very convenient to have your privacy protected and be able to swing in and out of exchanging crypto-pairings of currency. As demand grows, competitors will enter the market place which is how it should be.
I recently wrote about ShapeShift's volume and work in this space, and in fact, their social media team interacted with me on a couple platforms on Twitter and Fascistbook, WRT to my article and comments, and my including their CEO Erik Voorhees in the tweets with them:
It is nice to see companies competing for our business and attention in this eco system, if you want my opinion.
The numbers from this graphic between the 2 companies are interesting: Changelly (the green) vs. ShapeShift's numbers (the blue) were released by Changelly on their Twitter post found about a week ago here:
https://twitter.com/Changelly_team/status/829461291156672513
Voorhees was quoted recently and that was in my article linked above, as saying:
“Business throughout the industry has been growing, both in Bitcoin and in other digital assets. ShapeShift had its best month ever in January, processing $20 mln in volume, up about 30 percent MoM, and throughout 2016 we grew roughly 9x.”
and elsewhere which is true:
"Our competition is the banks, their fiat currencies and the financial infrastructure that currently strangles the world,” explains Voorhees.
Why Charlie Shrem decided to work with Changelly:
Shrem and Voorhees are longtime friends and colleagues as many know from their days working together with BitInstant, which become one of the most well-known Bitcoin exchanges before being closed, due to regulation issues. Big Government played a role looking for people to make an example of. This was one of those examples.
Shrem and Voorhees are 2 of the pioneers of the crypto space, as many know.
Shrem was quoted recently as saying to Coin Telegraph:
“I'm really excited to be working with Changelly as their business development advisor. Because of my relationships and long-standing business partnerships within the Bitcoin community, many companies ask me to work with them. I only work with companies I think have a bright future and I think Changelly is one of them.
"I’m going to make their volume grow 5x this year.”
Shrem further feels in time, that the transaction volume from crypto-crypto token exchanges, will grow and become greater than that of fiat-crypto currency trades/exchanges which I think is worthy to note.
Changelly is focused on growth:
- Changelly's growth is ~ 20x since launch and continues growth by ~ 30 % month by month.
- Konstantin Gladych, CEO at Changelly, believes that the number of tokens will be growing, backing up what Shrem said earlier about crypto-crypto token exchange rates
The CEO recently stated to Coin Telegraph:
“We are happy to work with Charlie Shrem. He is a reputable and well-known person on the market. He is helping us to grow our business relations with popular cryptocurrency services, expanding the network of our customers and partners. Our goal is to be the number one provider for instant tokens exchanging and become an entry point for newbies by accepting fiat payments for each listed coin.”
“The competition is always healthy,” he states, “as it encourages companies to provide better services for customers.”
Official Links to all things Changelly:
https://changelly.com/
@changelly --- Official Steemit page
https://twitter.com/Changelly_team
Images: Coin Telegraph, Changelly.com, CoinDesk, @charlieshrem, twitter
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I could use some help getting the back up done and installed from my account on file with you guys LOL. Honestly.
I found the file and you know I am no IT guy at all.
You need help backing it up?
You're not in Discord though, are you? We have a couple of folks in there that have learned a lot about OL.
No, I'm not in there. If you could help me that would be great. You can PM me or email me if you like, I would appreciate it.
and thanks!
Barry, much thanks for your article! We believe competition on the market drives services to become better for customers. Charlie will help us to grow http://Changelly.com to the next business level!
I love Charlie. I think he is great.... you are going to have a big year for sure.
You are welcome.
I have only used changelly for crypto exchanges. I like it a lot.
Upvoted
@shayne
Thanks for commenting Shayne!
Followed.
Very good article :-)
Thanks for sharing.
I appreciate that!!!! Thanks for commenting, it is nice to hear from you.
You are very welcome :-) Thank you.
Thank you. No need for instant response on my comment just keep us informed on the best, safest and easiest way to work on Steemit. Minnows like me need you! Follow > UPvoted > ReSteemed
that's awesome!!! LOL, thanks.
If you check my blog, I actually just made this up now on a short post hahaha -- I appreciate your comment a lot today!!
followed.
Howdy again
I was a last minute scramble to get on the show and get settled but here is the This Week in Bitcoin show that finished about an hour ago -- all 3 guests were Canadian which was a first for sure, for Adam's show! I have not been on a show of any sort in a long time, so I am finding my legs still LOL -- 40 mins approx. Discussed Liberty/Steemit/Bitcoin/LiteCoin etc.
https://steemit.com/cryptocurrency/@barrydutton/my-first-appearance-on-this-week-in-bitcoin-just-finished-here-is-the-link-to-the-show-steemit-was-discussed-also
For some reason it would not send a regular tweet to my own page today, I tried several times.
https://twitter.com/BarryDutton/status/831595010114060292
@fulltimegeek @marketingmonk @bitcoinmeister @crypt0
That is great to hear.
Hey thanks for your support!!!! Was that you on YouTube a couple nites ago I commented with, similar name as yours on a crypto channel.
did you see the Valentine's Day #Crypto Crowd meme/post I just made? LOL
Excellent information dear @barrydutton, very good page to change criptomonedas, you can even pay with paypal
Great input from you Jose. TY very much.
Part of my #Crypto101 series / posts.
i will watch you other blogposts with videos later cos i am at work still and videos are blocked
No videos yet today. I hope that one makes you laugh and the other is useful
be good!!
will check them a bit later when i am home!