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About Changehero.io

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  1. This week we saw the continuation of Bitcoin's rally over $11,000 and congratulated Ethereum on the 5th anniversary. We covered more ground in the weekly digest which you can read in our blog! In ChangeHero's updates, we are giving away 500 thousand sats on Twitter, with a chance to win $25 extra! Follow the link to learn more and participate (until 04/08): https://twitter.com/Changehero_io/status/1288836765541904387. Top Cryptocurrencies Price Change: Bitcoin +12.27% Ethereum +17.93% XRP +30.31% Bitcoin Cash +14.45% Bitcoin SV +15.18% Litecoin +17.58% Binance Coin +3.61% Chainlink +10.30% Tezos -3.82% Stellar Lumens +1.60% Gainer of the week: XRP
  2. The past week could have been a usual one for the crypto market, but the largest Twitter hack got Bitcoin trending and revived the buzz about it in the mainstream. ChangeHero team has prepared a weekly digest to recap the events, price changes and our news. Top Currencies Price Changes: Bitcoin -0.49% Ethereum -2.45% XRP -0.62% BCH -5.64% BSV -4.98% LINK +42.52% Litecoin -4.75% Binance Coin +3.05% Tezos +27.39% Stellar Lumens +21.51% Gainer of the week: NIMIQ +63.78% Loser of the week: Dogecoin -20.27% Cryptocurrency news: 🏦 Japan and the UK announce plans to develop central bank-issued digital currencies. 💸 Payment processor PayPal published a letter to the European Commission where they confirm ongoing R&D into blockchain and cryptocurrencies. 🔗 Chainlink (LINK) broke into Top-10 by market cap. ⛏️ Bitcoin’s mining difficulty hit a new all-time high just two months after the latest halving. 💥 A hacker or group of hackers gained access to high-profile Twitter accounts, posted fake Bitcoin giveaways, amassed only $123,200. ChangeHero’s News: A week ago we introduced the Compound (COMP) token for trading against other cryptocurrencies on ChangeHero. This new project took June by storm and now is establishing itself on the market. Do your research and get it on ChangeHero — it has all the chances to be really promising!
  3. Hey all! We just integrated Algorand. Now you can exchange ALGO with popular cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash and others without any account on ChangeHero. Also, you can buy Algorand with credit card or debit card. You can even sell ALGO for USD, EUR and RUB at a low fee. All the transactions will be super fast and secure. Give it a try.
  4. Hey, all! We have great news! CoolWallet integrated ChangeHero exchange service. 🎉 🎊 Now you can swap crypto through ChangeHero without even leaving your CoolWallet app. 🔥 We planned a few exciting events to celebrate this partnership. Stay tuned to us.😎 More details: https://bit.ly/CH_CW
  5. Most of us can agree that cryptocurrencies are a powerful tool that can completely reshape finance in the following years of the digital era. As much as credit is due, though, the market also has earned its fair share of negative reputation, mostly because of how often it is used as a front for scams and frauds. Since crypto has made a few millionaires, many see it as quick money — and obviously there are opportunists for whom the quick money is made off the uninformed. Here’s a few examples of fraud schemes that plague crypto: Fake ICOs and Ponzi schemes (pyramids); This is one of the most widespread forms of fraud in crypto. These usually promise you a return that is too good to be true. “Overnight” exchanges and unregulated brokers; Applicable to new services that do not bother to build reputation. ChangeHero works since 2018, and for two years we have gained trust of hundreds of thousands of users. Phishing and fake sites; In May, 2019, Binance security was compromised by a phishing site. Even the largest players are not safe from scams and hacks. Pump-and-dump and social media engineering. These two phenomena are rooted in psychology. A large number of fake reviews and replies create an illusion of trustworthiness. There are a couple of innate qualities to crypto that are used by the scammers to extort money. Firstly, transactions on blockchains use addresses that cannot be tracked to a person by default. Therefore, it is transparent but anonymous. This gives bad actors a lot more ground to remain untraceable once the money leaves or enters cyberspace. Secondly, transactions on the blockchain are irreversible. It is technically impossible to issue a refund on most chains with only the means of code and network. Once the money is transferred, there is no trustless way to get it back, which, of course, is another design feature that scammers make use of. Last winter, one of the cases that could have involved fraudulent activity or stolen funds became public. The response it caused damaged the reputation of our service and our partners, so we must address it even now, almost six months later. A user has attempted to make an exchange of approx. 21,000 USDT to Monero. We had to put the transaction on hold since the destination currency is a privacy coin, for which our alert system has even more strict requirements, and ask the user to go through a KYC procedure: provide us with a selfie with an ID and the origin of funds. By that time, the money arrived at the generated address for the exchange, where it stayed for the entire time. The proof of identity and proof of funds, provided in KYC, contained contradictory information, so we decided to take an additional step and make a Skype call with the user. It further made us sure the funds owner was using a proxy for KYC. We decided to reach out to the Binance exchange that was involved with the origin of funds to learn about the account and help us prove whether or not the funds were stolen, all the while monitoring the reports about possible thefts and waiting for a formal request. The situation became public when the user went on a mission to create a post on every forum and review site, labeling us as a fraudulent service that embezzled his money. Due to the backlash, BestChange had to disable our page on their service. Meanwhile, we got a reply from Binance but no official request, and we had to make a decision that in order to mitigate the response a refund along with our official statement had to be issued. Nevertheless, our fraud detection system raised an alarm not for naught and the attempt to launder money did not go past a reviewing procedure. Some time later, we were contacted by another exchanger about the case. As it turned out, an extremely similar situation happened to them, and it turned out to be the same user (with the same wallet address). The exchanger reported they had come to the same conclusion that a proxy was being used (allegedly, another person this time around). The developments of this case and the findings most certainly point at money laundering. In the end, we followed the best practices for counteracting illegal conduct and prevented a possible crime. We admit that reputational damage to our partner BestChange could have been avoided. We are glad that we settled the matter in a professional manner and continue with our partnership. To respond more actively, we have hired a community manager to monitor English- and Russian-speaking outlets. Additionally, we made sure our Terms of Use and AML/KYC clearly communicate our position. We have also revised our internal KYC guidelines, so now the whole procedure should not take longer than 24 hours. ChangeHero is an AML/KYC compliant service. In addition to having an actively updated blacklist and a system flagging suspicious transactions, our support/compliance specialists monitor the transactions manually. We collaborate with independent blockchain analysis companies. ChangeHero is also participating in Crypto Defenders Alliance — an initiative that unites representatives of largest market players and pledges to prevent illegal conduct from happening in the space. We have had a history of interacting with the authorities and collaborating with investigations, for example, in the light of the Upbit exchange hack in 2019 with the Korean law enforcement or helping German law enforcement investigate a case of money laundering in January of this year. ChangeHero will continue to build a reputation of a customer-oriented trustworthy and reliable service. We are trusted by the largest names in the industry when it comes to security — Trezor and CoolBitX, as well as thousands of customers worldwide, as seen from the reviews on BestChange and Trustpilot.
  6. Dear Customers, A quick update on the current exchange fee for the popular crypto pairs Now, you can exchange cryptocurrency without creating any accounts. Try it asap on ChangeHero
  7. About us ChangeHero is the most reliable instant cryptocurrency exchange. We are a team of crypto enthusiasts with years of experience in Fintech. Started in 2018, ChangeHero grew to become one of the most popular instant cryptocurrency exchanges and our ratings on Trust Pilot proves this. What we offer Instantly exchange Bitcoin, Ethereum, Bitcoin Cash, Tether, XRP, Bitcoin SV, Litecoin and many other cryptocurrencies; Buy Bitcoin, Ethereum and other cryptos with credit and debit card; Sell Bitcoin, Ethereum and other cryptos for USD and Euro. Features: No account required to exchange crypto; Quick payouts, less than 15 minutes to exchange crypto; Non-custodial service, we don’t hold or store your crypto; Provides Best rate and Fixed rate for exchanges; 24/7 Customer support; Affiliate program to earn 50% of revenue through referrals. For all the transactions we ensure that you will be given the best rates in the market. We adhere to the customer-first policy and aims to deliver the best user experience. Customers about us Trustpilot – https://www.trustpilot.com/review/changehero.io BestChange – https://www.bestchange.com/changehero-exchanger.html How to reach us? Changehero – Official website Email – support@changehero.io Twitter - https://twitter.com/Changehero_io Facebook - https://www.facebook.com/Changehero.io/ Reddit - https://www.reddit.com/r/ChangeHero/ Telegram - https://t.me/joinchat/NtTByBZ0aAhtsAN3ZvV0lw Do visit ChangeHero and exchange cryptocurrency like a pro safe and quick.
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