On April 24, 2018, landed a partnership with number one exchange Binance, with the aim of bringing more tokens, faster transactions and better rates to their users.
Matchmaking in Malta
The partnership arose from a meeting in , during which the two CEOs discussed industry issues, government regulations, and the strategy behind their new collaboration.
“After meeting Konstantin in person to finalize our partnership, I am confident that Changelly has a professional team with great experience and even bigger potential. We believe that together we will provide users all over the world with a top-class level of service,” commented , CEO of Binance.
, CEO of Changelly, expressed enthusiasm for the future and remarked on the potential for growth that the partnership would provide:
“This partnership is a huge honor for Changelly: I am sure that it will help us provide even higher-quality service to our users around the world and increase our presence on the crypto market. The top exchange trusts us to have business with — this gives us confidence in what we do, and also responsibility to ensure five-star user experience. We are up for the challenge!”
Benefit for Both Platforms
Changelly will now integrate API and cryptocurrency rates from Binance, enabling it to offer better prices and faster trades.
The partnership could also enable Changelly to add more trading pairs. The Medium post reads that “all the cryptocurrencies supported by Binance can be easily listed on Changelly.” This agreement might enable rapid growth for Changelly, who only offer a small number of tokens compared to Binance.
For Binance, the partnership will help create more functionality in the crypto markets. An open interface between the platforms could increase transaction volumes, raise liquidity, and help attract new customers. Changelly will act as a “broker between Binance and users” allowing them to exchange crypto directly, and avoiding the complicated user interfaces associated with mainstream exchange platforms.
Binance’s recent move to has prompted speculation that the exchange could soon be introducing fiat-crypto pairs. This partnership with would take the exchange one step closer to that goal.
Changing Changelly
What makes Changelly different from the plethora of other crypto exchanges is its ability to allow users to exchange altcoins at the best market rate, or buy them directly using a bank card.
To do this effectively, the company uses its unique API feed, in conjunction with a customizable payment widget. Changelly already provides an instant exchange API for partners including , , , , and among others.
Proud to announce partnership with . It's bringing our instant exchange service to the next level with new trading pairs, better rates and faster transactions! Was a pleasure to make agreement with in Malta.
— Konstantin Gladych (@gladkos)
Changelly has seen rapid growth since launch in 2015. The exchange processes around 15,000 transactions every day, and has over two million registered customers globally.
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The Dublin Tech Summit being held this week was all abuzz with the news of the launch by homegrown messenger app Mingo of its ICO. Mingo is the first major cryptocurrency project to be fully developed in Ireland. To spice things up, even more, the project team announced a 20 percent bonus for any Mingo utility token (MGT) purchase before May 1, 2018. The platform consists of a messenger app built to consolidated messages across various apps, with plans to create a plugin economy that will include, among other things, the MingoPlay plugin.
MingoChat is a free instant messenger aggregation app that supports Facebook, Twitter, Steam, Discord, Slack, Skype, and IRC Cloud. The app is designed to reduce missed messages and delays in response time, to do away with redundant messages, and eliminate the need for app switching by streamlining all conversations across platforms into one convenient conversation stream. Mingo will automatically synch your contacts across applications and arrange message streams accordingly, making Mingo the only place you need to go to find all your messages. In addition to the seven currently supported messenger apps, development for the popular messengers WhatsApp and Telegram is currently underway with planned incorporation to the platform this summer.
In addition to messenger aggregation, plans to build a plugin economy on its platform. This will enable service providers and merchants to sell their goods and services via plugins on the Mingo platform. The platform will also allow for micropayments, something that was previously too costly using conventional payment methods. The platform currency is MingoCoin, which will be useable for transactions in the Mingo plugin economy. MingoCoins can be transferred between users and stored in each individual’s MingoWallet.
The third element of the Mingo platform is MingoPlay, where users can challenge each other in skill-based games and tournaments with the ability to win MingoCoins. Through the plugin system, developers will be able to launch their own games on the Mingo platform as well. MingoPlay and the plugin platform will undergo beta testing this summer, with full implementation planned before the end of the year.
Speaking at the , Mingo CEO and blockchain enthusiast Joe Arthur remarked:
“We were so excited to be able to announce our ICO launch at the Tech Summit here in Dublin. It’s the largest event of its type in Ireland. The ICO will not just help us implement our business plan; it will help develop the community and bring us into contact with new and motivated users. Mingo’s goal is twofold, to introduce cryptocurrency to the masses and to finally make messaging simple and easy.”
Recently Mingo announced a partnership with Swirlds, who created the Hedera Hashgraph public distributed consensus platform. Swirlds is helping Mingo revolutionize their message aggregation technology and create a unique platform for communication, cryptocurrency transfer, and gaming. This will make Mingo a pioneer in using the Hedera Hashgraph, a technology capable of disrupting the blockchain industry.
The Mingo ICO will run until May 30, 2018, with a soft cap goal of 8,000 ETH and a hard cap set at 45,000 ETH. The Mingo token (MGT) is an ERC-20 compliant token and will be issued on the blockchain. For more on Mingo and its ICO, visit their website at mingocoin.com.
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