XCH4NGE is a new cryptocurrency platform (based in the UK) which permits you to buy, sell, and store bitcoin (BTC), ether (ETH), litecoin (LTC), bitcoin cash (BCH), and ripple (XRP).
Want to locate out more? Read on for my hands-on trip with their P2P platform.
ADVANTAGES & DISADVANTAGES
ADVANTAGES
Support reachable 24/7 (via stay chat).
P2P platform that solely requires verification once.
Account setup (incl. full verification) takes about 15 minutes.
P2P platform for more than one cryptocurrencies.
DISADVANTAGES
Fewer sellers than preferences (e.g., LocalBitcoins).
Prices aren’t competitive (more than 2.5%).
Website doesn’t look exquisite (but is presently being redesigned).
WHAT IS XCH4NGE?
XCH4NGE is a UK restrained organisation (based in London) which used to be established on the twenty second January 2018. The sole listed director is Sarfraaz Patel.
Their mission is “to make cryptocurrency on hand for everyone” and “become the ideal entry factor to the digital asset ecosystem”.
But what makes them unique? When I asked, they told me they wanted to be a “one cease shop” for the whole thing crypto-related. Quite ambitious it seems!
They launched their peer-to-peer (P2P) platform in November 2018 to UK residents. This seems to work a lot like LocalBitcoins, the place you’ll buy cryptocurrency from different users – no longer without delay from XCH4NGE.
However, this P2P platform is simply the first stage of their platform. There are other services they’re aiming to launch in 2019:
Mobile Application (Q1 2019): Will firstly consist of their P2P platform, however will be extended consist of all their upcoming services.
Cryptocurrency Exchange (Q3 2019): This’ll be reminiscent of some thing like Binance (i.e. crypto-to-crypto) and will encompass a broader decision of cryptocurrencies to buy and sell.
Banking (Q4 2019): They’re working with the UK Financial Conduct Authority (FCA) to reap an e-money license. If they get this, they’ll be able to offer UK bank debts services to established users. That’s a huge deal if they can pull it off.
Our platform has also been designed to cater to enhance usability, making it easy to use for newcomers who desperately need a user centric experience, as well as the everyday user who just wants a reliable, secure, and simple platform focused on accommodating their needs. We’re planning for the long term in our development, aiming to allow cryptocurrency users to eventually be able to use crypto in their daily lives as easily as we do with our fiat money. We are in the process of obtaining our e-money license, working to allow you to manage your fiat funds and crypto in one place.
Our community of users is our main priority; as such, we will be listening carefully to build the best product for you. We love to hear your thoughts about new coin listings, platform features and more, which will help us shape the future of not only XCH4NGE but cryptocurrency in the UK. We have so much more to share with our community over the next year - join us today and be a part of the journey.
Website: https://www.xch4nge.com
Telegram: http://t.me/xch4ngecommunity
Facebook: https://www.facebook.com/XCH4NGE
Medium: https://medium.com/@xch4nge
LinkedIn: https://www.linkedin.com/company/xch4nge/
Instagram: https://www.instagram.com/xch4nge
Twitter: https://twitter.com/xch4nge
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