PRESS REELEASE. Toronto–Coinchange is diversifying its portfolio of offerings with a move into the DeFi space. The High-Yield Account will provide all users with returns of up to 25% per annum on their USDC balances. This unique opportunity is paired alongside Coinchange’s existing fiat gateways and crypto brokerage, which will allow users to buy and sell BTC, ETH, USDC and USDT with 0% trading fees for a limited time.

Easy Access to DeFi

The Decentralized Finance (DeFi) sector has grown exponentially over the course of the last year, with over $60 billion now locked in DeFi protocols. These new technologies can offer double-digit returns and investors have been attracted to them due to the low interest rates and lack of opportunities in traditional financial sectors.

However, DeFi can be difficult to access for new users who are not familiar with the blockchain space, crypto wallets, and specialized tools. Users must also be able to transfer funds quickly between protocols and keep up to date with market trends.

Founded in 2018, Coinchange – a rapidly-growing digital asset platform that is licenced and regulated in Canada and 33 US states – has already proven a popular choice for purchasing crypto coins and tokens. Their new High Yield Account feature enables clients to access DeFi’s outperforming returns utilizing yield farming strategies, without the downsides of having to constantly monitor the market: Coinchange’s experts and automated strategies deal with this complex and time-consuming process behind the scenes and provide high returns and automated risk-hedging.

Unique zero-fee brokerage combined with a safe, high-return DeFi product.

Existing and new Coinchange customers can already enjoy the benefits of 0% fees on all deposits to the platform, as well as conversions between BTC, ETH, USDC and USDT. Coinchange’s High Yield Account, currently scheduled for launch on July 26, will enable users to lock their USDC and receive a yield of up to 25% APY – the highest of any comparable platform in the space.

Later this year, ETH and BTC will be supported within the High Yield Account – meaning that customers will be able to hold crypto assets that have a strong record of appreciating in value while continually generating significant income from them.

“Thanks to zero commission fees for trading, Coinchange is already the most competitive crypto brokerage service in the market,” says Maxim Galash, CEO of Coinchange. “With our High Yield Account paying users up to 25% on their holdings, we are proud to offer both the lowest fee and the highest earnings in the industry. It’s not about the fees. We are a licensed, safe and regulated company. This allows us to simplify a complex user experience and open up new financial options that were previously unavailable to the majority of people. We believe this will prove highly attractive to all types of customers searching for low fees and high yields.”

Algorithmic Yield Farming

Coinchange High Yield Account builds on centralized and decentralized financial technologies to give customers the best of both worlds. It is easy to deposit and manage funds using the user-friendly platform.

Behind the scenes, automated strategies designed by Coinchange’s experts ensure that customers’ money is always working as hard as possible, locked in the highest-yielding protocols. The aggregate of multiple platforms increases returns above those available to yield farmers who are well-informed. Coinchange’s security focus protects users against the uncertainties and risks that the DeFi space can present for newcomers.

The result is a secure and seamless gateway into the crypto- and DeFi worlds. It combines all the benefits of the new DeFi industry with a reduction in complexity. Customers can relax and watch their money grow, without worrying.

Coinchange advantages:

– Time-saving, automated high-yield strategies, designed by experts

– Zero commission fees (Limited time offer)

– Secure, simplified access to DeFi with 25% APY

– One-stop control of funds with just a few clicks

– Withdraw funds at any time with no restrictions

– No need to manage wallets and private keys

– No gas payments required by users

About Coinchange

Coinchange Financial is a one-stop digital asset management platform. The company is licensed and regulated in Canada and most US states. It is currently working towards licenses in other countries. The service was launched in 2018 as a crypto brokerage, and in late 2020 began to incorporate DeFi yield farming strategies, providing a bank-like application that merges traditional finance with digital currencies and assets in a safe, convenient, and profitable way. The company’s mission is to provide DeFi and crypto wealth management services to the general public. It also provides high-yield passive income to make everyone a successful investor.

Follow Coinchange on:

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– Facebook

– LinkedIn

This is a press release. This is a press release. Readers are responsible for their own research before making any decisions about the promoted company, or any of its affiliates. Bitcoin.com does not assume any responsibility for any loss or damage caused by the content, goods, or services mentioned in this press release.

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