Author: changehero
September 9, 2020

Introduction The ChangeHero team believes that the partnership with Coinify, which we announced a while ago, will go a long way. To give the insight into the vision we would like to build by joining hands, today we share with you the interview with Mark Højgaard, CEO of Coinify, that we were very honored to […]

ChangeHero Interview with Mark Højgaard, CEO of Coinify

Introduction

The ChangeHero team believes that the partnership with Coinify, which we announced a while ago, will go a long way. To give the insight into the vision we would like to build by joining hands, today we share with you the interview with Mark Højgaard, CEO of Coinify, that we were very honored to make it happen.
As a Chief Executive Officer, Mark defines the strategic development of his company. He has had almost two decades of experience in online, mobile and card payment industries, but his forte is innovative entrepreneurship. Aside from Coinify, he also co-founded companies like MySafePay and MobilCash, and he is extensively involved in Forbes Finance Council and Nordic Tech Advocates, among others.

We asked Mark about what makes Coinify a leading company in its sector in Europe and how will the partnership of our teams benefit our customers, and we’re very excited to share his point of view with our readers!

On Coinify, firsthand

ChangeHero: Can you tell us a bit about Coinify for our readers?

Mark Højgaard (MH): Coinify was started in 2014 and is the leading European virtual currency payment provider. We offer a range of solutions within the virtual currency sphere, divided between payment and trading solutions. We help our customers accept cryptocurrency payments and deposits, enable withdrawals into cryptocurrencies and provide their customers with the opportunity to trade between fiat and exchange cryptocurrency from their website and/or app.

ChangeHero: What made you start Coinify? What was the motive behind it?

MH: We saw a need in the market for a safe and compliant means for users to operate and trade between the fiat and cryptocurrency world, and so we started Coinify to act as that bridge. We continue to act as that bridge for our customers today, making it easy for them to transact and trade in their preferred currency, be it fiat or virtual, while still taking advantage of exciting innovations in the finance space.

ChangeHero: What was the most challenging thing when you began working on Coinify and how did you overcome this?

MH: I think, generally speaking, one of the biggest challenges within the virtual currency sphere is regulation, or the lack thereof. Because virtual currencies were a completely new technology, it took some time for the regulatory landscape to catch up. To combat this, at Coinify we have always put emphasis on compliance, working with the Danish Financial Supervisory Authority to become registered, and have even advised regulatory bodies on the creation of the latest AML 5 Directive from the EU.
While navigating the regulatory environment can sometimes be difficult, it is very reassuring to see the progress there has been so far, because stronger regulation within the virtual currency sphere can only mean a better solution for our customers.

On Business in Crypto Today

ChangeHero: Do you think now everybody has access to crypto? How does Coinify contribute to this?

MH: Because of varying regulatory perspectives, access to virtual currencies also varies globally. At Coinify we actively work to make it easier for citizens across the world to access our cryptocurrency services. We are constantly increasing our support for countries across the globe, having added support for Russian citizens and the RUB just last week and begun developing our support for the African continent with support for South Africans and the ZAR last month.

ChangeHero: Can you share some statistics about Coinify? For example, how many merchants have already integrated Coinify, currencies you support, and the countries you operate in.

MH: We currently support over 65 Payment Service Providers representing a massive network of merchants, all operating in 5 continents over 70 countries, and offer solutions with up to 11 virtual currencies and over 25 fiat currencies. These figures are changing and growing everyday.

ChangeHero: Regulation is another important factor in the industry. Can we expect governments to amend the laws and adopt blockchain tech?

MH: At Coinify we place a strong emphasis on compliance, so we have been very happy to see the regulation around virtual currencies develop. The latest AML 5 Directive from the EU has had a positive contribution to making the industry safer and ultimately better for our customers. We expect this trend to continue, and we very much welcome this.

ChangeHero: How is the working environment in Coinify? Did the recent outbreak affect the way the team works?

MH: I am fortunate to have a fantastic team at Coinify who proved to be very agile, especially during the recent outbreak. Like many other companies, we were forced to completely change our means of working and work from home for over a month, and we have thankfully found that it was in fact very successful, and our team managed to overcome this challenge. In fact, some of our team enjoyed the experience so much that they will now continue working only from home.
On Collaboration and Future Plans

ChangeHero: We are happy to have a bilateral partnership with Coinify. Can you share with us how this partnership helps your users?

MH: We are also very happy to have partnered further with ChangeHero, and feel that this benefits the overall virtual currency industry by continuing to provide additional means for customers to exchange cryptocurrency with fiat in both directions, in a safe and easy manner.

ChangeHero: Can we expect a new product from Coinify soon? What is your vision for the future?

MH: We pride ourself at Coinify on continuing to offer valuable solutions and features for our customers. Most recently we have extended our option for buying virtual currencies via bank transfer, by adding additional fiat currencies for customers to choose from, including USD and CAD, DKK, NOK and SEK on top of EUR, GBP and CHF which we already offered.

We expect there to be more updates which will continue to improve the ease with which customers can exchange cryptocurrency to and from fiat in the near and continuing future.

Conclusion

Both Coinify and ChangeHero are working towards the reality in which a financial system is modern, accessible, diverse and safe to navigate. Having joined hands, both our teams have better chances of making it happen! We thank Mark for sharing his piece of mind with us and our readers.
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Author: changehero
August 17, 2020

Changehero’s new partnership with Coinify makes it easier than ever for their customers to buy and sell the most popular cryptocurrencies from their preferred fiat currency using their credit card or by making a bank transfer.  In this guide, we walk you through the steps on how to buy crypto with Coinify on ChangeHero. How […]

How to Buy Crypto through Coinify on ChangeHero

Changehero’s new partnership with Coinify makes it easier than ever for their customers to buy and sell the most popular cryptocurrencies from their preferred fiat currency using their credit card or by making a bank transfer.  In this guide, we walk you through the steps on how to buy crypto with Coinify on ChangeHero.

How to Buy Crypto?

To start the purchase process, go to ChangeHero

  1. Select your country of residence, the fiat currency you want to purchase your cryptocurrency with, and the cryptocurrency you want to buy. Then type in the amount of fiat currency you want to buy with.
    Buy crypto widget on changehero
    ChangeHero Homepage
  2. Input your email address to log in or create an account (for more information on how to create an account see below)
  3. Once logged in, confirm the amount you want to purchase for and then select the method of payment you wish to use.


    Select the method of payment
    Select the method of payment
  4. You will then be asked to input your wallet address. (Please ensure that the address is input correctly and that the wallet you are using supports the currency you are purchasing. Mistakes cannot be rectified after purchase
  5. You will then be asked to review the details of your purchase, outlining the fees included in the purchase. Most importantly, you will see the 15 minute price lock.
    Payment details for purchasing crypto
    Check the details once again
  6. To complete your purchase click “Go to Payment”. If you are paying with bank transfer you will be shown the bank details to complete your transfer. If you are paying with a card, you will be asked to input your card details and complete 3Dsecure.
  7. Your crypto will typically be in your wallet within an hour of the payment being processed. For bank transfers this can take a little longer, but typically takes 30min for cards although in some cases it may take slightly longer. 

Creating an account with Coinify

If you have never bought crypto with Coinify through Changehero you will be asked to setup an account to ensure the most secure service. 

This only has to be done once. 

It ensures that we only have to verify your identity once, and that you from now on can enjoy faster service with greater transparency and security in just a few clicks! 

Creating an account with Coinify can be done in just 3 simple steps:

  1. First, you will need to input and verify your email
  2. Once your email is verified, you will need to fill in some basic information
  3. You will then be asked to verify your identity. To do this, you:
    Creating an account on Coinify
    Verify your identity

    1. Provide a copy of your government-issued ID
    2. Take a selfie
    3. Wait maximum 2 minutes for confirmation and you’re done!

It’s as easy as that! We hope you found this How to Buy Crypto guide useful.

Do give it a try and let us know what you think in the comment section. For more educational and informative content on Crypto and Blockchain, subscribe to ChangeHero Blog and follow us on TwitterFacebookReddit, Telegram.


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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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