Changelly continues to expand its family of over 200 cryptocurrencies available on the platform making it possible for users to quickly and easily exchange CELO tokens at floating rates. Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users. By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency.
The network also allows the creation of smart contracts and decentralized applications (DApps) as part of decentralized finance (DeFi). Its mainnet was launched in April 2020. The platform has two native tokens, CELO and CUSD. Being a proof-of-stake (PoS) token, CELO is used for transaction fees, governance participation, and related activities. In the future, the platform aims to host various stablecoins, with one, the Celo Dollar (CUSD), already being in use.
The Celo Foundation is a non-profit organization based in the US that supports the growth and development of the open-source Celo Platform. Guided by the Celo community tenets, the foundation contributes to education, technical research, environmental health, community engagement, and ecosystem outreach — activities that support and encourage an inclusive financial system that creates the conditions for prosperity for everyone.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
Changelly website: changelly.com
Changelly PRO website: pro.changelly.com