Throughout 7 years of operating on the market, Changelly has been well known as an aggregator of centralized exchanges. The list of our CEX partners includes such names as OKX, Kucoin, FTX, Huobi, and many others. Such a variety of liquidity sources makes it possible for us to find the best offers among centralized exchanges and provide better rates to our users.
As so-called DeFi applications boomed in the summer of 2020, the market has pivoted toward a new direction. Decentralized finance makes financial products and services available to everyone who has access to the internet. Moreover, DeFi helps eliminate third-party involvement in people’s businesses and private lives by creating fully secure and anonymous financial services. Next, DeFi empowers users to truly own their funds and utilize various tools to lend, borrow, stake, earn interest, and more.
We are thrilled to announce that we are making the first step toward introducing decentralized finance possibilities to our users with Changelly DeFi Swap powered by Yetanotherdefi.
Yetanotherdefi is a DEX aggregator that encompasses all the advantages of DeFi and optimizes transaction costs. The Smart Router by YAD finds the best way for a swap among different liquidity providers and suggests the most beneficial split to proceed with the transaction.
What does this integration mean to our users?
Lower transaction costs compared to industry leaders
At the present time, any user can swap various Ethereum-based assets with just a few clicks. However, many more chains will become available in the near future, including Binance Smart Chain, Solana, Fantom, Polygon, Arbitrum, Optimism, Tron, and others.
The Changelly team is committed to the goal of becoming the leading CEX and DEX aggregator on the market. We believe our 7-year experience of working with centralized exchanges combined with limitless opportunities of DEXs will make it possible to provide even better rates and lower fees to our users. With the integration of DEX, we get one step closer to enabling seamless anything-to-anything swaps, regardless of blockchain, wallet connector, etc.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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