is a crypto brokerage company founded in 2017 to profit the crypto and DeFi spaces.
It has its basis in Canada, with a licensing from the Canadian financial authorities, proving to be a legit exchange platform.
It leverages the progression of FinTech opportunities to provide users with the most from their crypto investments. It also believes in financial freedom for all parties globally, without lockup, access, or minimum investment or transaction rates limitations.
Its CEO Maxim Galash has a strong team of experts and advisors behind him to deliver their promises to every potential and current customer. According to the team, Coinchange hopes to generate more value for all investors through the blockchain solutions available. Furthermore, it provides meaningful insights to prevent unnecessary losses.
By a deep study into the market systems before launch, the company pointed out shortcomings within the crypto industry. As such, it designed its platform to offer solutions to income-earning and asset management.
As the CEO of Coinchange, how would you describe the progress you have made in the FinTech space?
The progress has really been tremendous, as our team has been working behind the scenes to continue to explore new protocols, supported tokens, and regulatory compliance measures to really create a complete platform.
Developments and updates for our platform are moving quickly, as we’ve increased our scope of partnerships, security measures, DeFi yield strategies, and much more.
What were the primary objectives for the creation of Coinchange?
The idea behind Coinchange was to create a comprehensive platform and environment to bring financial opportunities to everyone through crypto and DeFi.
Our vision was to make earning high, sustainable yield easy and accessible to offer an attractive alternative to the traditional banking system, offering transparency, high security, and no hidden fees.
Do you have any specific core values that help you and your team to carry out the mission you have at hand?
At the core of our company and business model, we’ve built our team with individuals who possess the following traits:
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Informed
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Clever
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Honest
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Confident
We stick by these traits and values on a daily basis as we carry out our operations to provide a next-level product and customer service across the board.
As it stands, what are the significant hindrances your company find clouding the crypto industry and its investors? How is Coinchange designed to solve them comprehensively?
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Security: There’s a lot of skepticism and hesitancy amongst crypto users regarding DeFi given a large number of hacks and cyberattacks due to smart contract and protocol vulnerabilities.
So we think that asset security is of the utmost concern and holding the DeFi industry back - we’re putting the necessary protections in place to safeguard our customers’ assets in a comprehensive way.
This includes collaborations with top firms and partners such as CYE and its founder Reuven Aronashvili.
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Too Many Platforms: We’ve noticed that there are simply too many DeFi protocols and platforms with fluctuating interest rates - this has left investors confused and hungry for an all-in-one solution.
Our platform has everything you need, including a way to buy/sell crypto and earn high yield without having to switch between applications.
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High Risk Interest Generation: Most CeFi platforms don’t generate true yield, but instead use rehypothetication (or lending to third-parties) in order to provide users with interest on their crypto assets.
This process is risky and isn’t really sustainable in the long run. At Coinchange, we deposit user assets into real DeFi protocols to generate true yield, the way crypto was intended to function.
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High Gas & Trading Fees: Ethereum in particular has plagued investors with extradordinaly high gas and trading fees, making it nearly impossible for the average retail user to truly experiment with and explore the DeFi landscape.
We solve this problem by charging extremely low fees for trading crypto while also handling all of the backend work for you when it comes to yield generation, aggregating funds across multiple protocols which would otherwise be expensive for the user
As a crypto exchange and brokerage company, what sets aside Coinchange from the rest in the market today?
What truly differentiates our organization is our DeFi yield-generating strategies and transparency. We generate true yield for our clients by depositing funds across various trusted DeFi protocols, managed entirely by our own custom algorithm that hedges against risk while maximizing passive income.
On top of that, we’re always honest about what we do - with Coinchange there are no hidden fees.
What benefits do your company offer investors in terms of annual yield, security, features, and more?
Not only do we offer some of the highest and most competitive yield on the market, but it also compounds daily, so every day your portfolio grows further.
Our security measures are quite robust, with partnerships with top-tier crypto custodians to protect user funds in the event of cyberattacks and hacks, in addition to private key safety and recovery options.
Our features are also state of the art, with the ability to quickly invest into your favorite cryptos and manage your portfolio with ease via our mobile app.
What would you place as the most notable achievements Coinchange has made in the market thus far?
As mentioned before, a huge focus of ours has been further solidifying our strategies and infrastructure. We offer the highest yield opportunities with the lowest amount of risk, have robust risk controls, and are able to aggregate yield across different blockchains.
We’ve also made significant headway with regulators and acquiring licenses to operate compliantly in the United States and Canada.
Considering you have US and Canadian licenses for operation, are you planning to expand into other regions, including Europe and Australia?
We’re currently exploring obtaining a license in Poland to officially establish our presence in the EU and further grow our global footprint.
Where do you see Coinchange and its services in the next 5 years? Additionally, what steps do you hope to take to deal with the issues you might face along the way?
I really see us being the go-to premiere DeFi yield and trading platform. We’ll cater to users of all sorts, from savvy investors to your average trader, all while offering top-of-the-line services and features.
We’re looking to break down the barriers to entry into the crypto market by making our platform and associated products easy to use with attractive benefits. There will certainly be challenges ahead, such as acquiring all of the licenses we need in addition to getting the official signoff from regulators, but we’re working with them closely to make this possible.
Being an entrepreneurial mind, how would you advise crypto investors, exchanges, and their traditional finance counterparts today?
The crypto space offers endless opportunities to reimagine finance and take your portfolio to the next level. But you need to be careful, as there are plenty of DeFi risks and scams targeting users, in addition to platforms overpromising many things. Do your own research and make sure you’re placing your funds with an entity you can trust.
Here at Coinchange, we’ve built a solid foundation that offers you high yields on the most popular digital assets while providing you with the utmost security - if you’re looking for lucrative opportunities in crypto, check out our platform today.