The first week of Coinchange Early Access is over, and we already have a lot of updates to share!
Many users like you have joined Coinchange to start earning passive income. We're excited to deliver improvements and new features regularly as the Early Access period continues.
This week, we've added Direct Bank Transfers using ACH for easier deposits and withdrawals, and a new token – Tether (USDT) – to our brokerage.
Read on below for information about these updates. We'll talk again soon.
- The Coinchange Team
We've added ACH to Coinchange to make transferring funds in and out of your account faster, cheaper and easier than using Wire Transfers.
Now verified US Bank Accounts can use Bank Transfers to deposit or withdraw USD directly to their bank accounts, without paying expensive wire fees or dealing with lengthy delays.
As an all-in-one crypto wealth management platform, Coinchange already makes exchanging your USD for crypto or withdrawing your crypto for USD easier than anywhere else. Now, with ACH, that process is even better.
And don't forget, once your USD is exchanged for crypto, you can easily transfer it to a Earn Account to start earning returns.
Click "Bank Transfer" in the Coinchange dashboard to deposit some USD through ACH.
Tether (USDT) is now available to buy, sell or swap on Coinchange.
USDT is known widely as one of the most popular cryptocurrencies on the market. It has even surpassed BTC in trading volume at a few points in its history.
As a stablecoin, USDT is pegged to USD, so 1 USDT token is always valued at $1 USD. This protects them from the volatility that other types of cryptocurrencies see regularly.
Very soon, USDT will be available to deposit into your Earn Account. Sign in to your Coinchange account to buy or swap USDT today so you're ready to earn!
We've made exciting improvements to our automated yield farming strategy, which will increase the APY of the Earn Account – which is currently at 12% APY over the past 2 weeks.
Our proprietary strategy uses an AI-trained algorithm to comb through data from multiple protocols, looking for liquidity pools optimized for security and activity. Once the strategy has determined the best destinations for safe, high returns, liquidity is automatically moved.
As always, the goal of any improvements to the automated strategy is to improve APY while hedging risk.
Add funds to your Earn Account today to start enjoying those higher returns.
Check out our first Early Access post, where we talk about the exciting things to come.
Early Access members get 0% brokerage fees, plus a $40 sign-up bonus.
Sign up today to get started.
July 2023 report by Coinchange analyzes yield indexes, comparing DeFi & CeFi yields, highlighting market trends, and detailing risk levels and performance.
Coinchange's August 2023 Digest offers a snapshot of key crypto happenings. From DeFi trends to regulatory news, get a quick update on what mattered most.
Receive monthly news and insights in your inbox. Don't miss out!