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HomePress ReleaseChangeX (CHANGE): A Crypto Bank That Meets Centralized and Decentralized Finance

ChangeX (CHANGE): A Crypto Bank That Meets Centralized and Decentralized Finance

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What is ChangeX and what are the roles of the CHANGE token?

With the development of the blockchain market and users’ understanding of the concepts of liquidity mining and staking, the gap between users is gradually widening. ChangeX.io realizes that the journey from ‘Fiat Banking’ to ‘Cryptocurrency Ownership’ is only half of the journey, and from ‘Cryptocurrency Ownership’ to ‘Participation in DeFi’ is equally important. The mission of ​​ChangeX is to act as a bridge between blockchains, ultimately providing users with easy access to the world of blockchains and helping users overcome payment obstacles in real life.

CHANGE is the governance token of the ChangeX app. It is a deflationary HRC20 token and increases APR by acting as a collateral asset in the ChangeX app, and the proceeds will be paid in CHANGE. 30% of the crypto fees generated by the system will be used to regularly purchase and burn CHANGE to reduce supply. Additionally, CHANGE will provide voting rights to holders, allowing them to vote on additions to the ecosystem.

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ChangeX.io is backed by a $100,000 seed investment from the HydraChain team through the LockTrip Ltd. entity, a member of the ASX-listed Webjet Limited Group. In return, LockTrip will own a 25% minority stake in ChangeX.io.

Download the app on Apple Store | Google Play

CHANGE Token Overview

Token Name: CHANGE

Total Supply: 425,000,000

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Total Circulation: 101,537,775

Coinstore.com Listing

Trading Pair: CHANGE/USDT

Trade Time: TBA

Withdrawal Time: TBA

What are the Pillars of the ChangeX System?

ChangeX Wallet: Users can access multi-chain cryptocurrencies from anywhere on earth without KYC and maintain control through ChangeX’s highly secure non-custodial crypto wallet.

CHANGE Token: According to the third-stage project roadmap, the project party will allocate 20M CHANGE tokens as a fixed stake asset, which is conducive to the price deflation of CHANGE.

ChangeX Crypto Visa Card: ChangeX will bind your SEPA Euro bank account with your ChangeX Crypto Visa Card within the framework of compliance. According to the project roadmap, the first ChangeX crypto debit cards should be operational in the first months of 2023.

Hydra Offline Staking: Hydra Offline Staking is a method of staking that does not require an internet connection. To qualify for staking, users need at least 100 Hydra tokens. CHANGE token will be the settlement method for transaction fees.

What are the utilities of the CHANGE token?

The Incentive to Profit from Deflationary Strategies Using Staked Assets

The ChangeX system will distribute flexible pool income to CHANGE token holders, fixed supply, and stable stake pool income.

Payment Method of the ChangeX System

CHANGE will be used as the payment method for system transaction fees, and the regular buying and burning mechanism will reduce the total supply of CHANGE.

Stake Lock Pool

The ChangeX system will reserve a pool of 20 million CHANGE tokens for the first 9 months to stimulate liquidity and act as a bridge until flexible staking pools come into play.

Governance Voting

Holding CHANGE will provide voting power in the process of approving new listings and integrating new leveraged staking assets into the ecosystem.

CHANGE Tokens Allocation

Change X Token Allocation
Change X Token Allocation

ChangeX Official Media

Website | Twitter (@ChangeXapp) | Telegram

About Coinstore.com

Founded in 2020 by well-experienced Fintech professionals from some of the most renowned crypto exchanges, Coinstore.com has amassed over 180 employees worldwide, serving more than 1.8M registered users in 175 countries. Coinstore.com provides global users with speedy, smooth, and secure cryptocurrency trading services, derivative business, OTC services, and NFT services.

As a leading global provider of financial infrastructure and technology in the crypto economy, Coinstore.com aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

Coinstore.com Media Contact

Song Yuchen, Marketing Director | Yuchen@coinstore.com

Bommi Hua, Marketing Manager | Bommi.hua@coinstore.com

Jennifer Lu, Co-founder | Jenniferlu@coinstore.com

Coinstore.com Social Media

Website | Twitter | Discord | Telegram Discussion Group

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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PR DESK
PR DESK
PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact hashim@thecryptobasic.com or support@thecryptobasic.com

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