Bitcoin.com Exchange has announced a partnership with crypto swap service Changelly.
The deal will see Changelly integrated into the exchange, allowing Bitcoin.com Exchange’s global users to swap between multiple cryptocurrencies.
The partnership entails Changelly’s API being utilized to provide real-time rates for users, who can then purchase digital assets at the same rate set by Bitcoin.com Exchange using Changelly.
Please Note: This is a Press Release
“We are excited to partner with Changelly to make crypto more accessible,” said a spokesperson for Bitcoin.com Exchange. “Changelly will make it even easier for novice traders to get all set up to buy their first cryptocurrency, and for more advanced users, the integration will make it possible to instantaneously swap between different cryptocurrencies at the best market rate. Furthermore, Changelly will help us increase reach for all SLP tokens that are exclusively listed on our exchange.”
Simple Ledger Protocol (SLP) is a token standard that is native to the Bitcoin Cash network. Similar to Ethereum’s ERC20 standard, it enables anyone to create and issue native tokens, which are anchored to the security of the BCH chain. Bitcoin.com Exchange has declared its intention to eventually support dozens of SLP tokens, starting with the most liquid assets.
In a statement, Changelly CEO Eric Benz explained how the partnership will give Changelly customers “much better access to Bitcoin Cash and SLP projects. He added:
“Providing the community with the most efficient means to purchase and swap crypto is our goal and mission above all else, and with exchange.Bitcoin.com we are continuing to fulfill our mission by making our services easier for our user-base, and effectively more wide-reaching.”
Since launching in September, Bitcoin.com Exchange has attracted tens of thousands of users, building up a loyal community based around an ethos of privacy and security. The first SLP token was recently added to the exchange, and there are plans to introduce many more SLP assets in the months to come. Its partnership with Changelly will see the crypto-swapping service act as a broker between Bitcoin.com Exchange and its users. As a result, a global audience of cryptocurrency buyers and sellers will be able to acquire digital assets at the market rates set by Bitcoin.com Exchange.