Chain Partners unveils ‘Changer Convert’ – Paxnet News

[팍스넷뉴스 원재연 기자] Chain Partners, a company specializing in block chains, has unveiled a new product ‘Changer’ of its platform ‘Changer’.

Cheol-min Pyo Chain Partners made a presentation under the theme of ‘Liquidity for Everyone’ at the ‘Korea Blockchain Week (KBW) 2022’ event held at the Grand InterContinental Seoul Parnas on the 9th.

CEO Pyo explained, “As various X2E services come out, the types of tokens that one person can have will increase, and there will also be problems with currency exchange.” He explained, “We developed a changer to solve this problem.”

‘Changer’ is an over-the-counter (OTC) automation and currency exchange platform developed by Chain Partners. Currently, it supports currency exchange and deposit/withdrawal of over 500 types of virtual assets. Currently, ‘Changer Pro’ and ‘Changer Defi’ services are provided.

In the announcement that day, CEO Pyo revealed the results of Changer Pro and Changer DeFi. In addition, Chain Partners introduced a new product ‘Changer Convert’.

Changer Pro is an over-the-counter (OTC) supported trading platform. Currently, large companies such as Cumberland and Falcon X are located in the virtual asset over-the-counter market. However, the barrier to entry is high as the amount to participate in OTC transactions is at least $10 million (about 13 billion won). Transaction institutions are also not connected to each other, so there is a price difference between OTC desks.

CEO Pyo explained, “Changer Pro is the first product to lower the entry of OTC transactions. It connects large global OTC desks, lowers the minimum capital, and supports a mobile version for the first time in the OTC industry.”

‘Changer Defi’ lowers DeFi accessibility. It is an aggregator service that allows you to collect information about various DeFi and check them in one place. It also compares the prices of virtual assets traded on various DeFi platforms and provides the optimal exchange price.

The new product unveiled this time is the Changer Conver. Changer Convert allows you to use the DeFi service and trade virtual assets without a virtual asset wallet such as Metamask.

CEO Pyo said, “Changer is lowering the hurdles of token trading for everyone,” he said. .

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