Decentralized finance (DeFi) has introduced a variety of financial services aiming to disrupt traditional finance (TradFi). However, the complex user experience remains a significant barrier to the widespread adoption of DeFi solutions.
To bridge this gap and onboard traditional finance users into the DeFi ecosystem, there’s a growing need for a fintech app that seamlessly combines traditional and DeFi features, making it easy for users to transition from centralized intermediaries like banks to self-custody digital assets.
Changex joins Cointelegraph Accelerator
One such solution is Changex, an all-in-one mobile wallet that embraces a CeDeFi (Centralized and Decentralized Finance) model.
This approach provides users with a familiar environment while introducing them to DeFi functionality. Changex offers a non-custodial crypto trading exchange, ensuring users retain control of their crypto assets. Users can buy, sell, or transfer cryptocurrencies within the platform, with support for purchasing crypto using debit cards and bank transfers. The exchange supports multiple blockchains, including Ethereum, Polygon, and Binance Smart Chain.
Changex Partners with Cointelegraph Accelerator
For DeFi enthusiasts, Changex provides access to common DeFi practices, including staking, and plans to introduce lending and stablecoin interest features later this year. Additionally, users can earn additional APR on staking rewards through Changex’s native token, CHANGE.
Changex has garnered attention for its user-friendly interface and ability to cater to both traditional Web2 and decentralized Web3 users.
The project boasts an experienced team of over 20 members and has demonstrated solid traction with an average of 25,000 monthly active users and nearly $3 million worth of staked assets. Recognizing Changex’s potential, Cointelegraph Accelerator has selected the project to participate, highlighting the team’s expertise and commitment to delivering robust financial solutions.
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