A cutting-edge crypto platform says it offers all the advantages of centralized exchanges in a noncustodial environment. Changex offers seamless on and off-ramps to fiat, effortless purchases via bank transfers and debit cards, and cross-chain swaps for speedy conversions between digital assets.
There's no escaping it: traditional banks have become a relic of the past. Old-fashioned financial institutions are stuck in their old ways — with hefty fees, long waiting times for cross-border transfers, and opening hours that don't match the needs of a 21st-century economy. And this extends to the world of fiat, with eye-wateringly high inflation eating into the earnings of consumers around the world.
Thankfully, there's been a flurry of innovation in recent years — with neo-banks and fintech startups stepping in to serve the masses. Cryptocurrencies and DeFi have also proven how they can slash the cost of remittances, offer unprecedented levels of freedom, and give consumers full control of their personal finances.
Unfortunately though, centralized exchanges have their limitations — and have left millions of people badly burned. The old saying "not your keys, not your coins" proved itself to be painfully true when a number of high-profile platforms froze withdrawals and went bankrupt in 2022 — including Celsius and FTX.
It isn't all doom and gloom. Now, an all-in-one Web3 app allows everyone to buy, sell, swap, stake, and transact with crypto from a noncustodial wallet — bringing the features and functionality of CEXs without the pitfalls.
One of the biggest hurdles facing crypto enthusiasts today involves converting fiat to digital assets and back again. Existing solutions are often extremely expensive, custodial, and limited
Read more on cointelegraph.com