1) In today's market it's increasingly hard to select high quality cryptocurrencies.
Most eventually fade away and as such we need to search for the best fundamentals.
A thread🧵on $CHNG and why you should take a look at this cryptocurrency.
Read on 👇
@FinanceChainge #Chng
2) In the early days of cryptocurrency there weren't many ways to trade them due to the lack of interest and volume in this market.
An entire decade later and crypto trading has become a huge industry with BILLIONS being moved DAILY.
3) For a long time this has happened solely through centralized exchanges.
While there are certainly advantages through using these there are also PLENTY of disadvantages.
The last 3 years we have seen a large improvement in the decentralized exchange industry.
4) Decentralized exchanges offer many improvements over centralized ones.
Security, ownership, freedom,... are some of the most notable ones.
One of the early problems however was that they relied on 1 single chain.
Because that's how it worked.
5) To make a decentralized exchange you need to deploy smart contracts on a chain of choice like Ethereum, smart chain, fantom, ...
A blockchain initially can't interact with another one.
So a decentralized exchange is stuck to only trade chain specific assets against another.
6) Basically only trade ethereum based assets (erc20) against ethereum based assets.
You are not able to trade an ethereum based asset against a smart chain one (bep20).
To make matters even worse today there are more than DOZENS of emerging blockchains and counting...
7) Are we going to hop between exchanges and decentralized exchanges to finally get the asset we want?
Spending large amounts of time and more fees in the proces?
The first solution: Aggregating decentralized exchanges.
8) These enable smooth swapping from one single interface on ALL dexes.
Trading assets against each other on multiple chains.
Pretty great right? That's because it is.
They do this through bridging assets however.
9) They don't access liquidity on multiple chains at the same time which means they get less tokens as a result.
Untill now!
Enter Chainge Finance. A cross chain aggregation dex.
Every trade initiated from Chainge Finance will be queried in all today's 20 supported Dexes.
10) It is split across multiple liquid chains for the trader to receive the best prices.
They don't only offer a spot market but also a futures and options one!
Swapping tokens via Chainge Finance is non-custodial and offered through a simple-to-use mobile interface.
11) Chainge Finance has been called "the most liquid dex on the market".
It's method to achieve this called "DCRM technology" is actually patended and developed by the "fusion foundation".
The same one behind the fusion chain and its fusion crypto you can find on the market.
12) Chainge Finance is well designed and improved above the rest.
It is purposefully designed to resolve existing pain points of inconveniently low liquidity.
They designed a platform where traders can swap cross-chain assets at the best swapping rates and high security.
13) This is not the only thing they offer.
Chainge Finance also wants users to build their own "digital bank".
From smart contracts to payments or deposits, it will all offer this with the touch of a button.
All of this with no middleman.
14) A digital finance app with
- Bank level security
- Customised financial services
- Flawless automation
with a simple user experience for everyone.
Not convinced? Try them out!
Chainge Finance can be downloaded in the play store or app store.
13) The ceo of Chainge Finance is DJ Qian.
If you want an impressive reference here it is.
DJ Qian is also the co-founder of Anyswap, founder of Fusion, co-founder of Vechain, co-founder of QTUM, and CEO of Bitse.
ALL of these have a very impressive track record.
14) The CHNG token tokenomics itself are quite interesting.
There's no real use case attached to it BUT they designed a mechanism to drive up its value.
25% of all quarterly profit will be used to buy back and BURN CHNG on the market.
15) This means CHNG is directly related to the success of the company like a stock.
The more successful the company is, the more buy pressure and value of the token.
16) My takeaways:
If Chainge Finance is as good as it says it is in providing top level token swaps above the competition than this is always a welcome feature.
A defi portal to bank services next to this is an added cherry on top.
17) Check out the website for more information.
hub.chainge.finance
18) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.
I also research the communities top voted cryptocurrency every sunday so you can keep track of all the most exciting projects.
Your favorite writer Nova ❤️
19) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.
Everyone deserves free knowledge 📘
Love you all ❤️
First post 👇
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