Time flies, and so do we. This year we celebrate our 6th anniversary in the industry of blockchain and cryptocurrencies. Since 2015, Changelly has been providing instant crypto swaps and purchases in a safe and fast manner. We’ve seen the dawns and dusks of many crypto projects; we survived the Initial Coin Offering (ICO) era, witnessed the great fall of Bitcoin (BTC) and its glorious comeback, and many more.
Today, we want to thank each and every one of you for being with us throughout these years. There are a significant number of dedicated users that have been with us since the very beginning. There are an even greater number of new users that we welcome every month. Thank you for your trust! We are constantly upgrading both the platform and ourselves in order to provide you with the best service possible. Changelly, together with its partners, prepared gifts and surprises for our dear users.
We also want to send our love and respect to the whole Changelly team. Developers, marketing, support, financial department, HR, and each member of our beloved Changelly family – thank you for moving us forward every day. We’ve been through a lot together, but we’ve made it to become who we are now. We are going to explore space because it’s just the beginning of our adventurous crypto journey.
But now, let’s turn back time and remember the most remarkable moments that took place in the industry, in general, and on the Changelly platform in particular. Here we go.
2015: The Launch
Changelly’s official birthday is April 12th, 2015 – the day when the first human being deflowered outer space in 1961. The initial Changelly team consisted of five dedicated blockchain enthusiasts that strived to provide a convenient platform for swift cryptocurrency swaps. To prove to crypto newcomers that such a complicated industry as blockchain was not as scary as it might seem from first sight, the Changelly team introduced a platform with a native UX and UI so that each user could become a crypto owner within several minutes. Back in 2015, Changelly listed over 30 major currencies, including BTC, XRP, LTC, etc. The platform looked differently, but it allowed you to exchange cryptocurrency in a fast and secure manner.
One of the most remarkable events that happened in the crypto industry in 2015 was the game-changing launch of the Ethereum mainnet. The price of Bitcoin (BTC) back then was in the range of $200-$500 (little did we know).
2016-2017: The Age of ICO
Ethereum shook up the crypto market. By introducing smart contracts and a development kit for creating applications built on blockchain, Ethereum became a pillar of many notable blockchain projects. The Initial Coin Offering (ICO) was a “thing” for two years straight. The crypto market expanded rapidly. New crypto assets were issued each week. The Bitcoin network gave birth to Bitcoin Cash (BCH), Bitcoin Gold (BTG), and much more. BTC almost reached $20,000, and the living seemed to be easy.
Against the crypto bull run background, the Changelly platform welcomed its first 100,000 users in 2016. While it may not seem like much now, 100,000 users back in those early days after just eight months on the market was huge. It encouraged us to work even harder in order to bring the best crypto exchange service ever.
In 2017, we focused on the development of Changelly’s ecosystem. This translated into the launch of the 24/7 support center, the development of APIs, and our first mobile application for Android devices. Later that year, we reached one of our most important milestones – thanks to partnerships with giant fiat-to-crypto providers Simplex and Indacoin, our users could start purchasing cryptocurrency with debit and credit cards (Visa, Mastercard).
However, the crypto industry’s paradise became a living hell when a range of ICO projects exited scams. Millions of people lost their savings in fraudulent “pseudo” crypto projects like OneCoin. The industry of cryptocurrencies was discredited.
2018: The Crypto Winter
When the buzz around ICO campaigns started to go down, the industry entered the new age, which was named “The Crypto Winter.” The crypto market turned red, and the price of BTC reached $3,000. Rumor had it the great BTC bubble burst, but it was just a running start.
The industry is constantly looking for new ways to release its potential. Blockchain Cuties launched a platform that allowed users to have an immortal Ethereum-based pet friend. It was one of the first projects to introduce non-fungible tokens (NFTs). Since then, “Blockchain Cuties” has expanded its boundaries enabling users to obtain cute NFT tokens based on other blockchains like EOS, Tron, NEO, etc.
At the same time, Changelly continued to provide instant crypto swaps and purchases. On the way to bring an even more convenient and user-friendly service, we’ve started to think about a character that would express our vision while helping users to complete crypto-to-crypto and fiat-to-crypto transactions. And we found one.
2019: DeFi and Major Tom
We chose Major Tom to be our mascot – a brave man that explores new spaces and territories. Since the crypto industry is tightly connected to the space theme (to the Moon!), Major Tom accompanied us for several years. We’ve also updated our blog and welcomed new authors that have been providing educational materials about cryptocurrencies and blockchain in a comprehensive yet engaging way. By the end of 2019, the Changelly website was translated into 7 different languages making instant crypto purchases available worldwide.
In February 2019, the company behind the BITLEVEX project was founded with an idea to develop a next-generation cryptocurrency exchange with the widest product range on the market. Today, the next-generation BTC derivative platform BITLEVEX offers smooth crypto options trading with leverage.
The industry of decentralized finances (DeFi) has started to evolve, yet the real DeFi boom was only going to happen. Compound, Bancor, and many other peer-to-peer platforms started their ascension in the crypto market to bring a genuinely decentralized trading experience. At the same time, prices of major currencies began to grow. Young but promising projects like Chilliz appeared to show that blockchain technology could be fun and entertaining.
The market finally turned green to surprise hodlers, traders, and regular users in the following year.
2020: The Rise of BTC & Changelly’s Upgrade
2020 was a year of chaos that took place inside and outside the crypto industry. The whole world was in quarantine due to the coronavirus pandemic. Both the crypto and stock markets suffered from volatility.
However, Changelly used this wind of change to upgrade the platform and to improve its functionality. In 2020, we launched an updated affiliate program Changelly Earn so that anyone could earn crypto by using a range of affiliate tools like exchange widgets and buttons, referral links, and Changelly’s APIs. In the middle of spring, we introduced Changelly Marketplace – a vast platform for crypto purchase. With the help of our fiat-to-crypto providers, users could buy and sell BTC, ETH, ADA, XRP, and over 170 cryptocurrencies at the best crypto rates on the market. We’ve also enhanced the payment methods available. As of now, you can buy cryptocurrency with a credit card (Visa, Mastercard), bank transfers, and Apple Pay.
Being on the market for five years, we’ve decided to provide our customers with a full-featured trading experience under Changelly name. In 2020 we launched a cryptocurrency exchange Changelly PRO. Margin and spot trading, a list of popular coins, a responsive trading terminal, and high-level security – all these perfectly characterize our full-fledged trading platform Changelly PRO.
Our efforts were not being made in vain. In December 2020, the price of BTC started to go up, and Bitcoin became a buzzword once again. At the end of 2020, BTC updated its ATH by reaching $26,000.
2021: NFT Boom
We thought we’d seen everything, but the crypto market surprised us once again this year. During winter 2021, the price of BTC was growing so fast, no one could believe that the increase was not a joke. The stock market was in a great decline due to the “GameStop” revolution, which provoked a mass migration to the crypto market. BTC and the rest of altcoins hit ATHs while whales (giant investors) were announcing the acquisition of BTC for millions of dollars. Today, (April 13) BTC reached a new record price at $62,580. This is actual rocket fuel for the whole crypto industry.
One of the most distinctive signs of the upcoming mass adoption is when influencers and famous artists from the physical world start to pay attention to blockchain. This year, non-fungible tokens blew up the Internet space. Musicians, street artists, and other talented people popularized NFT by making new art pieces based on distributed ledger technology. Today, an NFT is a hot trend that will probably stay with us for a long time.
Changelly welcomes new tokens each month. As of April 2021, over 200 crypto assets can be purchased with multiple payment options; there are more than 140 fiat currencies that you can buy crypto with, and what’s more important, there are almost 2 million users that trust us every month. Thank you! We promise to surprise you with more features, partnerships, and enhancements. Happy festive week!
The post Changelly’s 6th Anniversary: to the Moon! appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.