Changelly, an instant cryptocurrency exchange, has entered a collaboration with Binance, a popular trading platform, to add more cryptocurrencies to the list, improve the speed of transactions and provide users with better rates.
The CEO of Changelly, Konstantin Gladych, encountered the CEO of Binance, Zhao Changpeng, in Valletta, Malta.During the meeting, they talked about major industry problems, government regulations and decided an advantageously important alliance.
“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,” said Changpeng Zhao, Binance CEO.
Changelly will serve as a broker between Binance and users, letting them exchange cryptocurrency in a facile manner evading complex procedures on the trading platforms. Changelly’s built-in algorithm picks up the rates for cryptocurrency from Binance and gives them to customers in real time.
Changelly offers instant exchange API for partners such as Breadwallet, Coinmarketcap, Coinomi, Coinpayments, Jaxx, Mycelium, and other notable companies. It allows their users to trade digital currencies without needing to use external exchanges. Changelly assumes the role of mediator between Binance and partners, adding new exchange options and increasing sharing profit.
In return, Binance gives Changelly the opportunity to add potential and popular trading pairs. All the cryptocurrencies traded on Binance can be easily listed on Changelly and be available for users and partners.
Binance has fast processes transactions and delivers more profitable rates. The matching engine of the trading platform is capable of processing up to 1 400 000 orders per second, making Binance one of the fastest exchanges in the industry. This means that Changelly users will also benefit from fast transactions.
“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 responsibility to ensure five-star user experience. We are up for the challenge!” commented Konstantin Gladych, Changelly’s CEO.