Author: changehero
February 2, 2022

Crypto advocates are often calling for tokenization of everything, and derivatives trading protocols are a step in this direction. One of the most promising platforms for trading assets without even owning them is Synthetix Network. What is Synthetix, how does it work and what are its pros and cons? Find all this in our Synthetix […]

What is Synthetix (SNX)? A Beginner’s Guide

Crypto advocates are often calling for tokenization of everything, and derivatives trading protocols are a step in this direction. One of the most promising platforms for trading assets without even owning them is Synthetix Network. What is Synthetix, how does it work and what are its pros and cons? Find all this in our Synthetix guide.

Key Takeaways

  • Synthetix is a decentralized financial protocol for trading synthetic assets that track the price of real world assets: currencies, stocks, derivatives and indices;
  • In Synthetix, the common denominator that allows trading between all these assets without friction is debt. It is nominated and backed by the SNX tokens;
  • In 2022, the network is going to migrate to Optimism, an Ethereum layer-two scaling protocol. At the moment, Ethereum Synthetix and Optimism Synthetix coexist and are developed with the merger in mind.

What is Synthetix?

A lot of DeFi protocols rely on synthetic assets – those that imitate the price of a real asset but do not require you to own the original. Some, like MakerDAO, support only one kind of such asset (the DAI stablecoin), while other protocols are more sophisticated.
Synthetix is a blockchain-based platform for creating and trading derivative assets: real-world currencies, commodities, stocks and indices. These derivatives are represented by the blockchain tokens, and their real counterpart prices are tracked by oracles.

Creating Assets and Staking

A synthetic asset can be created by depositing SNX as a collateral into the smart contract, and to receive SNX back these assets need to be repaid. The collateralization to synthesis ratio has to be at least 750%.
If you want to trade a synthetic USD for Bitcoin, you are using debt represented by sUSD. By sending sUSD for an equivalent amount of sBTC, you are claiming that you will be willing to repay this debt in a new asset.
This creates debt in the protocol, which is in turn collateralized by a basket of currencies, Synthetic Drawing Rights (XDR), inspired by the International Monetary Fund debt collateral.

Trading Synths

Once the synthetic assets, or Synths, are created, they can be freely traded on the Synthetix Exchange. The best part is, there is way less friction between exchanging one kind of synthetic asset for another than on the traditional markets.
Trading on the Synthetix.Exchange has a trading fee, 0.3% of which is sent to a staking pool. Stakers claim the contents of this pool weekly on a pro-rata basis, provided that their collateralization rate is adequate.

Scaling with Optimism

Originally, Synthetix was built on Ethereum, which became more expensive to use as more users onboarded and the value of ETH grew. Since each transaction incurs a network fee, the team needed to find a solution so that users would not need to waste value on fees.
In July 2021, the team announced transfer to Optimism, a Layer 2 protocol for Ethereum. The transition is still in progress, though the majority of the protocol’s functions are already available on L2.

History and team behind Synthetix

In September 2017, Kain Warwick launched Havven (HAV), a decentralized stablecoin protocol. As the scope of the project increased and it became possible to create other synthetic assets in addition to the stablecoin, it was rebranded to Synthetix in 2018.
At the same time, Sydney-based Synthetix Network was established by Warwick, Peter McKean, Jordan Momtazi and Justin J. Moses. Warwick and Moses worked together on Pouncer, a live auction site, and the team in general had prior experience in blockchain development.
Synthetix was launched with a total of ~$30 million of investitions, raised in two ICOs, a seed round and a foundation sale. Notable investors include Coinbase Ventures and Three Arrows Capital.

What is SNX?

So what is Synthetix crypto, SNX, that we already mentioned? It is an Ethereum token for minting assets on the Synthetix Network.
The initial supply of 100 million SNX was split between founders and investors at the 40/60 ratio. To give stakers an incentive and attract new users, the staking rewards are added to the total supply.
From December 2019, the monetary policy includes a fixed supply with a decreasing rate of inflation. Every year until 2024, the amount of newly issued tokens will halve, until the cap of 245,312,500 SNX is reached.

What is Synthetix Used For?

The SNX token is necessary to collateralize the debt that is backing all synthetic assets on the platform. By staking the SNX tokens in the protocol, users receive an amount of inflation as well as Synth trading fees.
To unlock the stake, the Synths that were minted must be burned. This repays the debt that the collateral secures otherwise.

Comparison with similar cryptos

The project with a similar premise is UMA (Universal Market Access). Their pitch is to allow anyone to create financial instruments, so their scope is not limited to synthetic assets.
At the moment of writing, UMA offers five synthetic assets based on the dominance of popular cryptocurrencies. Synthetix gives exposure to seven fiat currencies, six cryptocurrencies and a DeFi index.

What is Synthetix Criticized For?

Synthetic suffers from quite a few various issues pertinent to its nature, to DeFi, and cryptocurrencies as a whole.
Due to the need for debt overcollateralization, a high degree of volatility in cryptocurrencies presents a problem. The exorbitant ratio of 500-750% is a sufficient measure to prevent liquidations from fluctuations, but a selloff is never off the table.
The collateralization ratio makes it more profitable to trade synthetics on secondary markets, which dilutes the value of the asset in comparison to its real-world counterpart. Not only this, but the synths’ prices can even be affected by events such as exploits that do not affect the original asset.
Not to mention, protocols like Synthetix are essentially unregulated derivatives markets. Under certain jurisdictions and regulations, this is simply illegal.
Synthetix has also been criticized by fellow crypto developers: in May 2021, Warwick announced four more projects on Synthetix, each with its own governance token. Dani Kulechov of Aave noted that this could lead to a community split and value dilution.

Partnerships and Future Plans

Synthetix is in the process of developing a merger with the Optimistic version. The updates are published in the official blog.
Meanwhile, all Synthetix Improvement Proposals (SIPs) for all branches are available in a repository. Some of the already approved SIPs include dynamic exchange fees, debt shares, Solana synth on Optimism, and removing the centralized oracle.
The most crucial partner for the Synthetix team is Chainlink, which provides price feeds for assets. They are also closely working with the Optimistic team on the Synthetix v3.
In 2022 so far, they have already unveiled a new partner: on-chain risk management platform Gauntlet. They hope that their risk-scoring system will help prevent liquidations early and provide insights for the collateralization ratio balancing.

Synthetix in Social Media


An upcoming feature being worked on is debt synthesis, according to the user @napgener. The gist of it is that the debt will be tracked across all chains and layers Synthetix is supported on, potentially branching to other platforms via bridges.


Trader Ahmet Alirsatar analyses the 4-hour chart of the SNX-USDT pair. The chart is potentially very heated up!


A not very obvious but nonetheless reliable way to get Synthetix Network token news is Kain Warwick, the man himself! In the linked article he shares insider info about the future of Synthetix in 2022.

Which Wallet to Use for SNX Crypto?

Synthetix tokens are ERC-20, meaning most compatible crypto wallets can store it. Popular picks for Ethereum tokens include MetaMask or MEW.
To store and exchange your SNX tokens at any time, you can use the Exodus crypto wallet. It has the built-in exchange feature with the most competitive rates, ChangeHero being one of the providers.
If you’d rather store SNX securely away from any Internet connection, Trezor or Ledger hardware devices are a way to go!

How to Exchange SNX?

You don’t have to search all exchanges that offer SNX pairs for the best rate, because ChangeHero does it for you. All that’s left for you to do is:

  1. Choose the currencies on the home page, amounts and the type of exchange. Provide your wallet address in the next step and check the amounts;
  2. Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
  3. Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
  4. And now, relax! We are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives;
  5. As soon as the exchange has been processed, your SNX are on the way to your wallet. Leave a review with your impressions to help us be better for you!

Customer support is available 24/7 in the chat on our website or through the email: [email protected].

Conclusion

With synthetic derivatives, trading becomes more accessible and escapes the friction of traditional markets. Synthetix is striving to be the most approachable one by moving towards even more low-latency layer-two of Ethereum.
More guides and articles are waiting for you in our blog. For the info on the go, check us out on Twitter, Facebook, Reddit and Telegram.

Frequently Asked Questions

[sc_fs_multi_faq headline-0=”h4″ question-0=”How does Synthetix work?” answer-0=”In Synthetix, assets called synths can be minted in exchange for collateral represented in SNX. Synths then can be traded for each other or burned to unlock the collateral.” image-0=”” headline-1=”h4″ question-1=”What is Synthetix?” answer-1=”Synthetix is a blockchain-based platform for trading of synthetic assets, representing real-world currencies, stocks and indices. Synthetic assets allow trading of these assets without having to own the original asset.” image-1=”” headline-2=”h4″ question-2=”What is SNX?” answer-2=”SNX is the Ethereum token that is used in Synthetix for debt collateralization and staking.” image-2=”” headline-3=”h4″ question-3=”What is Synthetix used for?” answer-3=”Synthetix is used for minting synthetic assets and trading them for one another. It is a variant of the derivatives market.” image-3=”” headline-4=”h4″ question-4=”What is the future of Synthetix?” answer-4=”Synthetix is currently developing two versions of the protocol, on Ethereum and Optimism. Later in 2022 they are to be merged, and Synthetix is to operate on Optimism entirely.” image-4=”” count=”5″ html=”true” css_class=””]


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Author: changehero
December 31, 2020

We saw what a great year it has been for Bitcoin and the whole industry! 2020 has been an incredibly productive year for our team! ChangeHero team is going to round up the main updates to our platform. What steps have we taken to provide the best crypto exchange experience to our users? Let’s recap! […]

ChangeHero's Achievements in 2020

We saw what a great year it has been for Bitcoin and the whole industry! 2020 has been an incredibly productive year for our team! ChangeHero team is going to round up the main updates to our platform. What steps have we taken to provide the best crypto exchange experience to our users? Let’s recap!

Wallet Partners of 2020

Early into 2020, Trezor and ChangeHero announced that ChangeHero is integrated in the native client for the Trezor hardware wallets. This partnership is significant because Trezor is one of the leaders on the hardware cryptocurrency wallet market. ChangeHero, at the same time, is a non-custodial exchange platform which neither holds users’ funds nor requires an account to use. Thanks to this synergy, users don’t give up their funds, which are securely stored on the device.

In June, another hardware wallet, CoolWalletS incorporated exchanges with ChangeHero into the companion app. CoolWalletS is unique since it was designed to work with mobile devices. Want to know how it works? Check out the guide to exchanging crypto in the CoolWalletS app we prepared! Michael Ou, CEO of CoolBitX (the developer of the wallet) left a ChangeHero review commending our quality:

Michael Ou, CEO of CoolBitX about ChangeHero

Fiat-to-crypto Partners of 2020

To introduce crypto to more users, the ChangeHero platform took care to include on-ramps. In 2020, we significantly expanded on the fiat-to-crypto and crypto-to-fiat capabilities of the platform. By partnering with Mercuryo, we introduced buying and selling dozens of crypto assets for USD, EUR and RUB.

In mid-2020, these capabilities were bolstered by Coinify, which helped introduce even more crypto and fiat options for purchasing on ChangeHero. The number of new local currencies introduced with their widget is 28. The cryptocurrencies you can buy with them are BTC, ETH, BCH, BSV, LTC, NANO, OKB, QTUM, USDC, USDT, XLM and XRP.

New Partner Aggregators in 2020

Cryptocurrency exchange aggregators are handy services that help you compare rates of different services in real-time. ChangeHero has been featured on a variety of these services in 2020!

Invity.io, exchange and on-ramp provider aggregator by SatoshiLabs, was launched this year offering a strong lineup since day one. As a SatoshiLabs partner, ChangeHero is available as an option among top crypto exchanges on Invity. The new Trezor Suite has the support of the service so you can enjoy the best crypto exchange experience by ChangeHero in updated clients, too!

Another platform that integrated ChangeHero in 2020 is SwapSpace. The aggregator collects offers from a dozen of providers and lets you compare them. Check them out to see for yourself that ChangeHero finds the best crypto exchange rate on the market! 😉

Finally, more recently, ChangeHero became featured on DApp.com. We have the highest rating in the category, and you can see the ChangeHero reviews on the platform!

New Currencies on ChangeHero in 2020

At the start of the year, ChangeHero was offering swaps for 46 coins and tokens. By the end of 2020, though, we had a massive expansion! Now ChangeHero users can exchange 88 cryptocurrencies against each other. Yet another step taken in making ChangeHero the best crypto exchange option.

New Features on ChangeHero

In 2020, we introduced zero confirmation crypto exchanges for the most popular pairs on the platform. This unique feature has helped us make crypto swaps truly fast and improve the user experience significantly. If you are curious about how it works, we have a guide for you!

This year, we have updated the design of our landing page and introduced a few new handy pages. Now you can see useful market stats, blog articles, ChangeHero reviews and shortcuts on our home page, all in one place.

This is not to mention our blog, which is available in three languages and hosts plenty of educational and informative articles.

Collaborations of 2020

Press about us

ChangeHero was published and featured in crypto-related media throughout the year. Our content was published in The Capital and The Startup . Among the outlets that wrote about ChangeHero this year are U.Today and The Money Mongers. Press releases about our partnerships were featured in Chain Bulletin and AMB Crypto.

Interviews

In 2020, we got a chance to host a number of interviews with prominent community members and blockchain professionals. Here are some of them:

Campaigns

Of course, the ChangeHero team has had a few exciting campaigns with our partners in 2020. Giving back to the community is something we enjoy and would love to keep doing! During these events, we held giveaways on Twitter, published handy guides and offered exchanges with no fees.

  • We held 12 giveaways of sats, wallets and merch for our user base and jointly with partners; 
  • You asked and we delivered: so far, there have been 5 zero-fee offers, and there is certainly more to come.
  • For the Christmas and New Year, we have decided to try something new. During this holiday season, we will be collecting donations to the TOR Project. To contribute, make an exchange using the link in our posts, and after January 7, 2021 we will donate all the fees collected from these swaps to TOR. ChangeHero supports digital privacy, and you can contribute to the statement!

2020 ChangeHero Statistics

What are the fees on ChangeHero? Throughout the year, we managed to keep Best Rate commissions at 0.5% and Fixed Rate commissions at 1% on average. A lot of you have used the chance to swap crypto at zero fees during the campaigns!

The median time of exchanging was 16 minutes. The quickest swaps took only a few seconds (23s, ALGO_ETH).

Top 10 Pairs of 2020

Here are the largest and most popular exchange pairs of 2020 so far:

  1. BTC_ETH (7165);
  2. BTC_USDT20 (4113);
  3. ETH_BTC (4068);
  4. LTC_BTC (3520);
  5. BTC_BSV (3342);
  6. BSV_BTC (3020);
  7. BCH_BTC (2640);
  8. BTC_XMR (2356);
  9. BSV_ETH (1986);
  10. BTC_XLM (1469)

What to Expect in 2021?

We are dedicated to continuing to provide the best crypto exchange experience, especially to the newcomers in crypto. For sure, you can expect more campaigns with fun activities and collaborations. 

We are working on integrating services that will further improve the user experience of ChangeHero. It goes without saying that you can definitely look forward to more wallet integrations and coins. Who knows, maybe they don’t even exist yet? No one can predict for sure what 2021 will bring.

Key Takeaways

  • In 2020, ChangeHero was integrated into Trezor and CoolWallet S hardware wallets and is featured in several novel aggregators: SwapSpace, Invity, Dapp.com;
  • ChangeHero expanded the platform with fiat on-ramp by Mercuryo and Coinify, as well as a zero confirmation service for faster swaps;
  • Is ChangeHero safe to use? ChangeHero reviews and the reputation of our partners can serve as a proof of it;
  • ChangeHero has made more than 35 thousand transactions over the course of the year, and the exchanges took 16 minutes on average.

Conclusion

At the start of 2020, who would have guessed how well this year will go for all crypto community? New partnerships, features and fun campaigns — 2020 has been an awesome year for us at ChangeHero, too! We hope to exceed any expectations in the year to come and wish you all a happy New 2021!

Our team is also active in social media, often offering giveaways and zero fee campaigns to the followers. You can join in, too, by giving us a follow on Twitter, Facebook, Reddit and Telegram.


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Author: changehero
August 17, 2020

ChangeHero is excited to announce that our platform is now featured among the partners of SwapSpace ‒ an instant cryptocurrency exchange aggregator. This partnership means that our service will expand the number of options available to the SwapSpace users to exchange crypto. How do users benefit from the partnership? Competitive Rates Cryptocurrency exchange aggregators such […]

ChangeHero Partners with SwapSpace

ChangeHero is excited to announce that our platform is now featured among the partners of SwapSpace ‒ an instant cryptocurrency exchange aggregator. This partnership means that our service will expand the number of options available to the SwapSpace users to exchange crypto.

How do users benefit from the partnership?

Competitive Rates

Cryptocurrency exchange aggregators such as SwapSpace compile offers from several crypto exchanges and compare the rates the conversion will result in. Because of this, users can see for themselves that ChangeHero has the most competitive rates on the market! 

Seamless Crypto Exchange

As soon as you find the best rate, you can initiate the conversion without leaving the site. SwapSpace uses the ChangeHero API to make the crypto exchange experience as smooth as it would be on our website.

Secure Exchanging

SwapSpace chooses the most reliable partners that take the privacy and security of their users seriously. Just like on the main website, to exchange cryptocurrency with ChangeHero on SwapSpace, you will not be required to create an account or to make a deposit of funds.

About SwapSpace

SwapSpace is an instant aggregator of cryptocurrency exchanges. The service’s purpose is to make converting cryptocurrency easy and save the user’s time. On SwapSpace, users can choose their options from 300+ cryptocurrencies and compare rates, fees and privacy features. The aggregator does not require sign-ups, has a friendly UI and real-time rates. SwapSpace support service is always online to solve any difficulties and help provide the best crypto exchange experience.

About ChangeHero

ChangeHero is an instant cryptocurrency exchange platform. With it, users can make crypto-to-crypto swaps at the most competitive rates on the market without sign-ups or losing custody over your funds. For the best user experience, ChangeHero makes crypto exchange fast, easy and convenient. Transactions with most popular coins start safely at zero confirmations, so they are processed even quicker. Our support specialists are available round the clock to help you exchange crypto. For influencers or crypto-related product owners, ChangeHero has a crypto affiliate program with the opportunity to earn a share of profit from every cryptocurrency exchange.

To stay tuned to ChangeHero’s updates, subscribe to our blogTwitter and Facebook pages, the Telegram or the ChangeHero subreddit. The activities with our new partners will be announced there, too, so make sure not to miss out!


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Author: changehero
August 5, 2020

Coinify is known as one of the leading industry’s fiat-to-crypto service providers. We are proud to be the crypto-to-crypto exchange provider for users purchasing digital currencies on Coinify. Now, the partnership of ChangeHero and Coinify is bilateral with the fiat purchases for crypto integrated to ChangeHero’s platform. Established in 2014, Coinify offers an industry-leading fiat-to-crypto […]

ChangeHero and Coinify Partnership

Coinify is known as one of the leading industry’s fiat-to-crypto service providers. We are proud to be the crypto-to-crypto exchange provider for users purchasing digital currencies on Coinify. Now, the partnership of ChangeHero and Coinify is bilateral with the fiat purchases for crypto integrated to ChangeHero’s platform.

Established in 2014, Coinify offers an industry-leading fiat-to-crypto onboarding solution. ChangeHero is proud to help fuel this solution by acting as a crypto-crypto exchange provider for Coinify, supporting them to offer their range of popular cryptocurrencies to their customers. The new development in ChangeHero and Coinify’s partnership now enables ChangeHero’s customers to purchase crypto with fiat through Coinify. 

How will users benefit from this integration?

Fiat-to-crypto and Crypto-to-fiat Purchases

First of all, with Coinify, the users will get an extended range of cryptocurrencies for purchase and selling. Among the currencies that will become available are BCH, BSV, XLM, DASH, NANO. These cryptocurrencies can be purchased with an extensive list of 27 fiat currencies including USD, EUR, GBP or INR. Furthermore, ChangeHero customers will now have the option to sell Bitcoin with Coinify and receive EUR, GBP or CHF directly to their bank account. 

Transparent Rates

Thanks to Coinify’s strong emphasis on compliance and transparency, customers will always know what they’re getting when purchasing with Coinify. On top of the Coinify Price Guarantee which gives customers a 15-minute price lock on their quotes, Coinify also provides a full breakdown of the quote, including fees, so there are never any nasty surprises in the amount customers actually receive in their wallet.

You can be sure in your purchase with Coinify on ChangeHero since they provide a full transparent breakdown of fees from the get-go before you even leave our site.

Seamless Quick Verification

Equally, Coinify ensures that customers also have the most optimal verification process. The AI-powered KYC onboarding process is rather quick and not prone to high rejection rates. All that is required for the AI-powered solution is a photo of an ID and a quick selfie and customers can be approved in minutes!  Furthermore, Coinify only requires verification for first-time users, so once you’re approved you’re free to trade without interruption making the purchase or selling on ChangeHero truly instant. 

Instant and Accessible Payment Options

In addition to global access with Visa and MasterCard credit and debit cards, with Coinify, users from European countries can also benefit from the additional payment method of bank transfers. 

About Coinify

Working since 2014, Coinify ApS is an established global virtual currency platform actively offering solutions in Europe, Asia and other regions. Coinify’s services include individual currency trading, corporate brokerage, payment processing services, and Enterprise solutions.

Coinify’s mission is to mainstream the use of virtual currencies and thus help businesses and individuals to adopt financial innovation.

About ChangeHero

ChangeHero is an instant cryptocurrency exchange platform. The service provides secure non-custodial crypto-to-crypto exchanging at the most competitive rates on the market without sign-ups for low fees. Focused on the user experience, ChangeHero makes the crypto exchanging fast, easy and convenient. Exchanges of most popular coins and pairs are even quicker because they start safely at zero confirmations. The support service is available 24/7 to help with any issue with an exchange. For users with a following or crypto product owners, ChangeHero has an affiliate program with the opportunity to earn revenue from every exchange.

Subscribe to ChangeHero Blog for more of such interesting content. Follow us on TwitterFacebookReddit, Telegram and be the first to get notified.


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Author: changehero
July 10, 2020

We all know that sharing is caring, so ChangeHero is willing to share some of our revenue with our crypto Affiliate program participants! Interested? Find out in this article how you can earn Bitcoin by becoming ChangeHero’s partner. About ChangeHero ChangeHero is an instant cryptocurrency exchange platform. Having started in 2018, we have been providing […]

Earn Bitcoin. Join ChangeHero Affiliate Program

We all know that sharing is caring, so ChangeHero is willing to share some of our revenue with our crypto Affiliate program participants! Interested? Find out in this article how you can earn Bitcoin by becoming ChangeHero’s partner.

About ChangeHero

ChangeHero is an instant cryptocurrency exchange platform. Having started in 2018, we have been providing our users with quick exchanges between supported currencies with low fees and without any logins or registrations.

Just like the whole crypto industry is driven by communities and cooperation, we also see a world of opportunity in cooperating with our users. To help with that, we have developed a crypto affiliate program that will let you earn Bitcoin online by referring users to make exchanges with ChangeHero.

Why ChangeHero?

Because your users benefit

ChangeHero is the go-to place to swap crypto currencies at the best rates on the market. The platform is easy to use and we are trusted by thousands of users worldwide. The support heroes are there to help you 24/7!

Because you benefit

ChangeHero’s crypto affiliate program lets you earn more than other ones because:

  • You earn revenue share in Bitcoin: no conversion, no spread between different altcoins – just pure Bitcoin from any and all exchange transactions;
  • Basic revenue share starts at 50% but depending on the traffic coming from your site, we are willing to bump it up to 80%!
  • Partners that install our API can set their own fee: decide for yourself, how much you would like to receive from the transactions made by your customers.

Now that you are ready to join our Partner Heroes, choose the way to earn Bitcoin that suits your platform and needs best.

Referral program

Suits you if

You are a publisher, influencer or just an active member of a community. With referral links and banners, anyone can become a participant of the crypto affiliate program on ChangeHero! Cryptocurrency aggregators are also very welcome to use the links and participate in the program.

How to earn Bitcoin with it?

Apply for the affiliate program, get your referral link and you are good to go! Every time a referral makes a crypto exchange with the help of your link, you earn Bitcoin equivalent to 50% of our revenue from the swap. Extend your affiliate network to spread the word and get Bitcoin risk-free.

Main Features of Referal links

  • Virtually effortless integration: just share the link on your platform of choice;
  • Convert views into clicks and revenue.

ChangeHero Widget

ChangeHero exchange widget for crypto affiliate program
ChangeHero Widget

The crypto exchange widget is a handy tool for integrating a crypto-to-crypto exchange function right in the website.

Suits you if

You have a crypto-related Web platform or application. It can be a Web crypto wallet, blockchain explorer, media, coin or token website — you name it!

How to earn Bitcoin with it?

The code string for integrating the widget can be found in the affiliate dashboard. It already comes with the referrer ID built in it, so all you need to do is paste the iframe code to your website’s code. The widget is ready to be used!

All the user has to do is to choose a rate, enter the desired input amount and currencies, provide the addresses and tags if needed in the next step, send the assets and wait a bit for the exchange and transfers to be completed. The flow is exactly the same as on ChangeHero’s website with the difference that your users will not even have to visit it or leave your site!

Main Features of Widget

  • Quick and easy integration;
  • All the functionality available on the main platform;
  • Same rules of revenue sharing apply.

ChangeHero API

For more advanced uses ChangeHero developers have created ChangeHero API for exchange option integration.

Suits you if

You have a product to integrate the functions of API into: crypto wallet app, payment gateway, any application that can send and receive crypto, basically. The API is versatile and can be applied for a variety of purposes both on front and backend.

How to earn Bitcoin with it?

The cryptocurrency exchange API developed by ChangeHero can be found on our website: Cryptocurrency API for developers. To use it to the full extent, however, you need an API key, which is found in the affiliate dashboard after you register as our partner.

Unlike widget and referral links, API instead of revenue share uses a partner fee earning method. Each successful transaction will yield a commission that is paid to you. The percent that you are willing to charge for API swaps is decided by you.

Main Features of API

  • Stable and reliable API;
  • Easy integration with tech support from our team;
  • Earn Bitcoin by commission.

How to earn Bitcoin?

Enough words, let’s get to action! Visit our “For partners” page, click on the “Become Hero Partner” button to open the application form. Check the boxes and provide a valid email address, then click “Register”. By doing this, you will send us an application, and we will reach out to you within the day. 

Register as a Hero Partner to earn Bitcoin
Registration to become a Hero Partner

Please note that we might ask you for additional information by email. Nothing too serious — we just want to know our partners better and find a fitting solution to your needs!

Contact us

For any inquiries about our crypto affiliate program, feel free to write to [email protected]. This is the contact in case you are interested in any kind of partnership with ChangeHero, including exchange API integration and listing of coins and tokens on our exchange platform.

How to use the crypto affiliate program dashboard?

Let’s suppose you have already been registered as a partner in our crypto affiliate program. This gives you access to your affiliate dashboard — the tool to track your earnings and statistics and a place where you can find the program assets and withdraw the Bitcoin you earned.

ChangeHero affiliate dashboard to check your Bitcoin earnings
ChangeHero Affiliate Dashboard

There are four tabs in the crypto affiliate program dashboard:

  • Settings”: there you can find most of the program’s assets — API key, cryptocurrency exchange widget iframe code, referral link. In “Settings” you can also change your password as well. If you have accrued more than 0.05 BTC, you can ask to withdraw them (make sure to let us know your BTC wallet address by writing to [email protected] first!), and the team will have the payout processed within a day.
  • Transactions”: in this tab, you get a detailed breakdown of each transaction your referrals made.
  • Daily Stats”: go to this tab to see how much your affiliate network has exchanged on each day and how much profit you got from it.
  • Payouts”: in this tab you can see the history of your withdrawals — the date, amount and the status of payout. Once a payout is processed, we notify you, so no need to check this tab all the time.

Conclusion

ChangeHero crypto affiliate program lets you earn Bitcoin with no investment, free and easy. No matter, if you run a large platform or share the links around, anyone can earn Bitcoin with ChangeHero, so what are you waiting for? Apply at the website and drop us a line at [email protected].

In this article, ChangeHero team told you more about our platform, but we also have other kinds of content to offer!

Subscribe to ChangeHero Blog and follow us on TwitterFacebookReddit, Telegram to be the first to get notified.


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Author: changehero
June 16, 2020

Today is very exciting for us because we welcome a very special partner to our roster. We are glad to announce that CoolBitX has integrated ChangeHero into their CoolWallet S companion application, CoolBitX Crypto. CoolWallet S is the leading mobile hardware wallet, renowned for its innovation and reliability. How we collaborate For the convenient and […]

CoolWallet integrated ChangeHero Exchange

Today is very exciting for us because we welcome a very special partner to our roster. We are glad to announce that CoolBitX has integrated ChangeHero into their CoolWallet S companion application, CoolBitX Crypto. CoolWallet S is the leading mobile hardware wallet, renowned for its innovation and reliability.

How we collaborate

For the convenient and top-notch safe way to store crypto assets that CoolWallet S is, we bring a swift and secure option to swap the coins and tokens. ChangeHero is integrated in the app seamlessly, so you would not have to worry about signing up or leaving it. Swaps take mere minutes, be it BTC, ETH, BCH, LTC or other coin/token. And naturally, the storing is done with your CoolWallet S — ChangeHero is a non-custodial service — so your assets are always safe.

We’re proud to be working with CoolBitX and are thrilled to help the crypto space develop together.

About CoolWallet: 

Released in 2018, CoolWallet S is a credit card-sized Bluetooth hardware wallet that offers next-level security for your cryptocurrency. The app is supported on Android/iOS mobile devices, and the wallet can store most popular cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin and ERC-20 tokens.

About ChangeHero:

ChangeHero is one of the most reliable non-custodial instant cryptocurrency exchanges. We adhere to the customer-first policy and aim to deliver the most convenient, frictionless and easiest exchange experience. You can exchange crypto-to-crypto without any sign-ups or logins. Also, we process exchanges at zero confirmations which makes us one of the fastest crypto exchanges. We provide the best rates available in the market with the lowest fees. Our customer support is available round the clock to assist you in every way possible.

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Author: changehero
February 19, 2020

Cryptocurrencies have been around for more than a decade and we are yet to see the real use case of them. We often see people trading crypto to cash in the profits and hodling in hopes for a rise in the value. Most of the hodlers lean towards selling off their assets when in need […]

Nexo: Collateralized by Crypto

Cryptocurrencies have been around for more than a decade and we are yet to see the real use case of them. We often see people trading crypto to cash in the profits and hodling in hopes for a rise in the value. Most of the hodlers lean towards selling off their assets when in need of extra cash. However, it does have drawbacks like expensive exchange fees and completely losing the ownership of cryptocurrencies whose price may rise in the future. Nexo resolves this by providing fiat loans to the user with cryptocurrency as collateral. In this short post, ChangeHero will give you a quick outline of Nexo.

A pioneer in Fintech

Nexo is powered by Credissmo — a FinTech Group which has been providing instant loans for over 10 years. The trio of Antoni Trenchev, Georgi Shulev and Kosta Kantchev launched Nexo in the year 2017. The team also makes a bold claim that Nexo is the World’s First Instant Crypto-backed Loan provider. The crypto-banking firm provides loans in 45+ fiat currencies and accepts a dozen of cryptocurrencies as a collateral. Moreover, there is also an option to deposit your assets and earn interest on them, more about all of these features will be detailed below. Before jumping into it, it would be ideal to have a look at the problems the current loaning system has and how Nexo is tackling it.

No more hustles and bustles!

We all must’ve had a headache with the amount of paperwork required to be done to acquire a loan from a traditional bank. Nexo aims to put an end to this and provide instant loans to the users in a breeze. Brick and mortar banks carry out credit checks for every individual during the processing of a loan. Whereas Nexo doesn’t perform any checks as the collateral is crypto and the value attached to those assets. Ownership is another important factor which plays a crucial role in cryptocurrencies. In Nexo, only clients have ownership of the assets and they can claim and withdraw from the contract anytime. In contrast to the high exchange fees and slow withdrawal procedures, Nexo offers instant delivery of the cash to the clients without any withdrawal fees or taxes. On top of all this, loan data and the contracts are highly transparent and immutable, thanks to the blockchain technology.

Sats to Bills

Nexo lending mechanism
Source: Nexo

The platform is widely popular for crypto-backed loans and they are indeed good at what they are doing. One can acquire a loan on the platform in a few clicks on this platform. An illustration in their Whitepaper describes the complete process better than anyone. It consists of four simple steps and begins with the user depositing of the crypto assets into the Nexo account. Next, the client receives an instant loan in the preferred fiat currency. The user can get hold of the cash either through a bank account or with the Nexo card. Users can repay the loan through bank transfer or also with crypto. Finally, when the whole amount is cleared, users can withdraw their crypto from the Nexo Account.

It does sound simple, but there is a lot of stuff going behind the curtains, especially integrating the business operations with the loan contracts on the blockchain poses a challenge. As we’ve discussed in the previous article, Oracles come to rescue in this case and Nexo Oracle bridges the off-chain activities with the blockchain. Whenever a user requests for the loan, Nexo Oracle automatically develops the loan contracts and distributes the cash. It also aggregates the value of the assets in real-time with the data from multiple exchanges and recalculates the loan limits. Furthermore, Nexo Oracle keeps track of the cash inflow and outflows, repayments and updates them to the ledger and also sends push notifications to the clients.

Nexo payments card
Source: Nexo

The project also offers Nexo Mastercard Card which can be used to spend the loan amount at merchants without withdrawing from the wallet. Impressively, there will zero fees on all the transactions which include surcharges, maintenance, foreign exchange and also offers cashback. Also, users can earn interest by depositing either fiat or stable coins into the platform. In terms of security, the firm claims to provide military-grade security for the platform and partners with BitGo for the custodian services along with a $100M insurance policy for the cryptocurrency it holds.

NEXO Tokens

NEXO is the native ERC-20 token of the platform. These tokens can be used as collateral and the users avail discounts when NEXO is used to repay the loan. Similar to the other cryptocurrencies, NEXO can be stored and traded on various exchanges. As of writing, NEXO is being traded at a price of $0.195 with a market cap of over 100 Million Dollars according to CoinMarketCap.

Banking on the Blockchain

Nexo made it possible for the HODLERS to get some extra cash without losing the ownership of their crypto assets. In a nutshell, it is a unique project which delivers the best of both worlds. The project not only made it easier and faster to get a loan but also brought banking to the blockchain. ChangeHero believes that Nexo has great potential and can change the course of banking in the near future.

Clap and comment if you have enjoyed this article.

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Author: changehero
January 27, 2020

ChangeHero is off to a flying start in 2020. Trezor — One of the most secure and popular hardware wallets has integrated ChangeHero’s exchange API to bring you fast and seamless cryptocurrency swaps into your key-sized device. Perks from the collaboration Now you can quickly exchange your favourite cryptocurrencies right inside your Trezor wallet via […]

Partnership Announcement: Trezor Wallet Integrated ChangeHero’s Swap Services

ChangeHero is off to a flying start in 2020. Trezor — One of the most secure and popular hardware wallets has integrated ChangeHero’s exchange API to bring you fast and seamless cryptocurrency swaps into your key-sized device.

Perks from the collaboration

Now you can quickly exchange your favourite cryptocurrencies right inside your Trezor wallet via ChangeHero in just a few clicks without any hassles of registrations or logins. For all the transactions you will be able to enjoy the best rates available in the market.

Trezor is well-known for its robust security features and with this joint venture, you can swap crypto in a secured environment without leaving the wallet interface.

ChangeHero is excited to have such a great partnership with Trezor Wallet and looking forward to serving the customers with the best.

About Trezor: Released in 2014 by SatoshiLabs, Trezor is the first mainstream hardware wallet to hit the market. It enables the users to safely store, send, receive and exchange a great range of cryptocurrencies like BTC, ETH, XRP, LTC, and other popular coins and tokens. Trezor is much safer than traditional software wallets as the private keys are held on the physical device, rather than on a smartphone or a computer. Moreover, Trezor Wallet isn’t connected virtually making it almost impossible for hackers to steal your funds.

About ChangeHero: ChangeHero is one of the most reliable non-custodial instant cryptocurrency exchanges. You can exchange crypto-to-crypto without any sign-ups or logins. Also, you can simply buy crypto with a credit or debit card. We provide the best rates available in the market with the lowest fees. Our customer support is available round the clock to assist you in every way possible. ChangeHero follows the customer-first policy and aims to deliver the most convenient, frictionless and easiest exchange process.

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Author: changehero
January 16, 2020

A few weeks ago, we wrote in The Capital about the Foundation for Interwallet Operability (FIO) — a project aimed at replacing complicated alpha-numeric addresses with human-readable ones across blockchains. Today we are proud to announce that ChangeHero has joined FIO. What are the advantages of FIO protocol, again? First of all, it reduces the risk of human mistake by replacing […]

Partnership Announcement: ChangeHero is now a FIO Affiliate Member

A few weeks ago, we wrote in The Capital about the Foundation for Interwallet Operability (FIO) — a project aimed at replacing complicated alpha-numeric addresses with human-readable ones across blockchains. Today we are proud to announce that ChangeHero has joined FIO.

What are the advantages of FIO protocol, again?

First of all, it reduces the risk of human mistake by replacing a string of random characters with a sequence that is readable.

Secondly, FIO protocol allows transaction requests, with which your data is protected by encryption and can only be read by the recipient.

Thirdly, FIO protocol already supports attaching notes to transactions and in the future, users will be able to send more complex data like invoices with a request.

What does it mean for me?

If you already have a FIO username, you can use it instead of your recipient address when making a swap. For everybody else, we are planning to come up with a solution to transform ChangeHero recipient addresses into more readable ones using the FIO address system for your convenience.

With the public release coming in 2020 Q1, FIO addresses have all the potential to radically change the crypto landscape for the better and ChangeHero is as ready as ever to help you make the swaps easy and quick. We believe that this project can be a massive boost to crypto adoption and are excited to be a part of it.

As always, subscribe to ChangeHero Blog and follow us on TwitterFacebookReddit, Telegram to be the first to get notified.

 We will keep doing our best to fill your feeds with good news and handy information!


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Author: changehero
September 24, 2019

Crypto is almost everywhere now. The industry is gaining traction around the globe and its future appears to be very promising. If you are a startup founder who is looking to network or a crypto enthusiast want to be well-informed about the latest tendencies in the industry, then there are a ton of events that […]

Crypto is almost everywhere now. The industry is gaining traction around the globe and its future appears to be very promising.

If you are a startup founder who is looking to network or a crypto enthusiast want to be well-informed about the latest tendencies in the industry, then there are a ton of events that you can attend to dive deep into the crypto-world.

To make things easier, ChangeHero shortlisted some of the most important crypto conferences that you shouldn’t miss this October.

1. DELTA Summit 2019

Date(s): October 2–4, 2019

Venue: Malta Fairs & Conventions Centre

Location: Malta

Delta Summit 2019 aims to gather the leading entrepreneurs, investors, developers, service providers and tech leaders from all over the world at Malta, which is known as “The Blockchain Island”. The conference is aimed to provide a venue to allow startups from all over the world to promote technology and create connections at an international level.

Delta Summit
Source: Delta Summit

This year, the summit will present the Maltese Government’s digital innovation strategies and some meaningful networking between tech-centred people and teams concerned about the blockchain. Also, there will be discussions about cryptocurrency technology and cognitive technologies such as AI and IoT.

The Delta conference will be headed by the top leaders in the tech sphere like Joseph Muscat (Prime Minister of Malta), Changpeng Zhao (founder & CEO, Binance), Da Hongfei (CEO & Co-Founder, NEO), Tim Byun (CEO, OKCoin), Youree Lee (CEO, W-Foundation) and others.

2. 2019 Global Blockchain Summit

Date(s): October 3–4, 2019

Venue: Noah’s Events 1885 Bradburn Blvd, Westminster

Location: Westminster, Colorado, USA

This year the Global Blockchain Summit unites the pioneers and professionals, the innovators and the investors, the community and the industry from around the world sharing trends, concepts, advice, knowledge about the blockchain. The summit will lay a major emphasis on the women in blockchain who play an important role in the development of the blockchain industry and the crypto market.

This year the Global Blockchain Summit unites the pioneers and professionals, the innovators and the investors, the community and the industry from around the world sharing trends, concepts, advice, knowledge about the blockchain. The summit will lay a major emphasis on the women in blockchain who play an important role in the development of the blockchain industry and the crypto market.

Global Blockchain Summit
Source: Global Blockchain Summit

If you want to find out more about the latest blockchain technologies and innovations from world-class experts, including the CTO of Open Source From IBM and many others, you should attend this event. Topics of the Global Blockchain Summit that will be covered include Blockchain, Bitcoin, Cryptocurrency, Smart Contracts, Supply Chain, Digital Identity, Hyperledger, Blockchain IoT, etc.

The conference is considered to be a very interactive event where crypto-enthusiasts can speak directly with Blockchain experts. Caroline Abenante (the founder of NYIAX), Pamela Norton (founder and CEO of Borsetta), Frank Ricotta (Partner, BurstIQ), Phil Komarny (VP of Innovation, Salesforce.com), Peter Hunn (Accord Project Founder and Clause.IO Founder), Kieren James-Lubin (Founder and CEO of BlockApps) and other prominent people will be involved in the Blockchain Summit in Colorado.

3. Japan Blockchain Week 2019

Date(s): October 7–5, 2019

Venue: Multiple locations in Osaka and Tokyo

Location: Osaka, Tokyo, Japan

Japan Blockchain Week will be the venue for discussing crypto adoption and exploring the opportunities to take the industry to the next level. The Blockchain Week consists of various conferences in both Osaka and Tokyo. There will be a great variety of themes from technology to future covering cases and trends of the blockchain industry. Listed events include B.Tokyo — Tokyo, Unblock Tokyo: Ecosystem Fast Track — Tokyo, Building the New Web — Osaka, Grow Open Source Day — Tokyo, Blockchain Research Meetup — Osaka and others.

Japan Blockchain Week
Source: Japan Blockchain Week

The event will host top companies and organizations from Japan and abroad which represent the future of the rapidly growing blockchain space. Featured speakers are Yuzo Kano (bitFlyer, Inc. co-founder, bitFlyer Blockchain, Inc.CEO), Yuta Takanashi (Financial Services Agency Japan Deputy Director for International Affairs), Sopnendu Mohanty (Chief FinTech Officer, Monetary Authority of Singapore) and others.

4. CIS | Crypto Invest Summit

Date(s): October 15–16, 2019

Venue: LA Convention Center, Los Angeles, CA

Location: Los Angeles, California, USA

The City of Angels is set to host the Crypto Invest Summit (CIS) this October which brings together some of the most eminent persons in the blockchain. Crypto Invest Summit is the biggest conference focused on the blockchain investment and the digital asset space including the most world-famous crypto-innovators and prominent leaders in the crypto industry.

CIS
Source: CIS

The summit brings together an array of personalities like investors, entrepreneurs, startups, exchanges, broker-dealers, service providers, and members of the media, who will discuss interesting and intriguing topics like Blockchain, Security and Utility Tokens, Blockchain’ Developers, Digital Assets and so on. At this summit, the participants will have an opportunity to pitch their solution on the future of the blockchain to the people present and get feedback and maybe surf on the LA beaches.

Speakers at the conference include Tim Draper (Founding and Managing Partner Draper Associates), Ted Ross (CIO, City of Los Angeles), Catherine Coley (CEO, Binance US), Travis Kling (Founder & CIO Ikigai Asset Management), Amanda Cassatt (CMO, ConsenSys), and others.

5. Blockchain Life 2019

Date(s): October 16–17, 2019

Venue: Moscow, Expocentre

Location: Moscow, Russia

Blockchain Life is one of the biggest events in the blockchain, cryptocurrencies, and mining in Russia and Europe. It is organized for both professionals and beginners in the world of Blockchain. The event aims to create an impact on the blockchain and crypto market by providing unique industry projects for discussions.

Blockchain Life
Source: Blockchain Life

The Blockchain Conference will bring together world-renowned developers, entrepreneurs, investors, financial and banking experts, crypto and blockchain enthusiasts, startup founders, marketing specialists, mass media representatives. Key topics of the conference are statutory regulations, integration of blockchain into financial and industrial sectors, IEO as a new trend: its features, blockchain acquiring, etc.

As for Blockchain Life’s speakers, event’s headliners include Sergei Khitrov (Founder of Listing. Help and Jets.Capital), Robert Wiecko (COO Dash), Garrett Jin (CEO of BitForex), Serguei Popov (IOTA Co-founder) and others.

6. Diffusion 2019

Date(s): October 19–20, 2019

Venue: Factory Berlin

Location: Berlin, Germany

The Diffusion 2019 focuses on the practical part of open-source circulated ledger technology, programmable tokens aimed to build a new level of digital data. At Diffusion 2019, leading practitioners from the world of cryptography, systems engineers and crypto-economics will be exploring the implications of deploying new technologies and distributed systems in complex and challenging fields like smart cities, Industry 4.0, and Mobility.

Diffusion
Source: Diffusion

This conference is an exclusive event gathering of main decentralized projects and their creators, connected to define the next major digital step in the Blockchain industry. Diffusion 2019 is a platform to meet with the best innovative minds, such as Trent McConaghy (Founder, Ocean Protocol), Jamie Burke (CEO, Outlier Ventures), Boris Mann (Co-founder, Fission), Brooklyn Zelenka (Co-founder, Fission), etc.

7. World Crypto Conference 2019

Date(s): October 29–31, 2019

Venue: The Cosmopolitan

Location: Las Vegas, Nevada, USA

Las Vegas Crypto Conference 2019 is intended to bring together developers from multiple blockchain companies and foundations to find common ground, build solutions to the problems about the blockchain community as a whole. It is the second annual World Crypto Conference, which is putting the future of blockchain and cryptocurrency on display at The Cosmopolitan, where the event’s organizers will host meetups, education sessions, panel discussions featuring key opinion leaders.

WCC 2019
Source: WCC 2019

The conference is designed to serve as a consummate global stage for the discussion of the most important topics about the fintech blockchain space, for example, energy transmission, data centre manufacturing, equipment sellers, cloud mining and mining pools.

This highly-eventful three-day conference will welcome a lot of participants from global enterprise companies, financial service providers, and blockchain-focused startups like Jon “DR J” Najarian (Co-Founder Investitute), Pei Chen (Director, Financial Services Consensys), Brendan Eich (CEO Brave) and others.

8. SF Blockchain Week 2019

Date(s): October 31 — November 3, 2019

Venue: San Francisco Marriott Marquis

Location: San Francisco, California, USA

SF Blockchain Week 2019 provides a world-class education for both consumers and developers aimed to connect and engage with the ideas from the renowned in the blockchain industry. The focus of Blockchain Week is to help the digital industry reach mass adoption through fundamental education, establishing technology standards, and engagement with projects paving the way.

SF Blockchain Week 2019
Source: SF Blockchain Week 2019

The event is encrusted with amazing talks and intuitive workshops to create informative debates on critical topics in blockchain or issues blockchain is facing. All the participants are guided to express their honest expert opinions, which will help to draw the most realistic picture of the current state and future of crypto.

Featured speakers are Vitalik Buterin (Founder, Ethereum), Olaf Carlson-Wee (Founder & CIO, Polychain Capital), Meltem Demirors (Chief Strategy Officer, CoinShares Capital), Chris Larsen (Executive Chairman & Co-founder, Ripple), etc.

Stay informed and don’t miss the chance to join crypto experiences with ChangeHero, one of the best places to exchange almost any cryptocurrency at the best rates.

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