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Kaspa Fiat On-Ramp on Chainge 

The number of wallet providers and applications supporting Kaspa continues to grow and expand daily, with even more providers adding Kaspa to their shortlists. Unified non-custodial wallet and online DeFi (decentralized finance) application, Change, now offers KAS purchases via fiat on-ramp at dapp.chainge.finance/transfi, with specific payment methods and amounts varying by region. This increasing accessibility through fiat on-ramps is a significant step toward broader adoption, making it easier for users worldwide to engage with Kaspa's ecosystem.

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Kaspa Limit Orders on Chainge 

The number of wallet providers and applications supporting Kaspa continues to grow and expand daily, with even more providers adding Kaspa to their shortlists. Unified non-custodial wallet and online DeFi (decentralized finance) application, Change, now offers KAS purchases via fiat on-ramp at dapp.chainge.finance/transfi, with specific payment methods and amounts varying by region. This increasing accessibility through fiat on-ramps is a significant step toward broader adoption, making it easier for users worldwide to engage with Kaspa's ecosystem.

In July 2024, Chainge expanded its support for Kaspa by introducing limit orders for Kaspa's KAS token, providing users greater flexibility and control over their trades. This advanced trading tool is available at dapp.chainge.finance, enabling account holders to interact with KAS on the Ethereum, Base, BNB Chain, and Polygon chains. 

A limit order allows a trader to specify the price to execute a trade, unlike a market or spot order, executed immediately at the current market price. For buy limit orders, the trade is completed at the specified price or lower, while sell orders are executed at the specified price or higher. This approach is ideal for setting up trades in advance. However, there's a risk that the token may not reach the specified price, causing the user to miss the trade.

To create a limit order, select the token and chain you wish to trade. Then, designate the amount of tokens you would like to trade at the price you wish to trade. You also must designate a duration for how long you would like this trade to stay open—the trade will expire after the specified time. Make sure you have enough funds to cover the transaction approval gas fees, and that's it. Your limit order is set up. Funds allocated for the limit order remain available in the user's account until the trade executes. You can manage open orders in the "Orders" section of the decentralized application (Dapp, d'app, dApp). To learn more about limit orders on Chainge, please see their Medium post

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Kaspa on Chainge

Kaspa was first listed on Chainge in March of 2017. When it was announced, DJ Qian, CEO of Chainge issued a press release stating: 

"We are delighted to support Kaspa - a project that shares our vision for a more open and decentralized financial system. The integration of $KAS in the Chainge app will provide KAS users with a more seamless and secure experience, and we look forward to working together to build a better future for decentralized finance."

Chainge has shown strong support for the Kaspa ecosystem by not only offering various services to $KAS users but also expanding its platform to include almost 100 KRC20 tokens built on Kaspa. This commitment highlights Chainge’s role in fostering the growth and development of the Kaspa ecosystem.

About the Platform

Chainge is a leading decentralized cross-chain liquidity aggregator, seamlessly integrating liquidity from dozens of DEXs across 30+ blockchains. This extensive liquidity network enables Chainge to provide unparalleled cross-chain trading capabilities, allowing users to trade many tokens. With over $1 billion in cumulative trading volume, Chainge is dedicated to empowering global users with AI-driven trading that makes any token on any chain easily accessible.

Chainge's architecture supports effortless trading across 60+ chains by optimizing swap paths for the best rates and fastest transaction times. The platform's broad network compatibility ensures users can trade virtually any token on any chain. Designed with both novices and experienced traders in mind, the Chainge suite—comprising a web dApp and a mobile app—offers a user-friendly interface that simplifies the trading experience.

From the dApp, users can view market stats for the KAS token, currently ranked #45 by market cap, approximately $2.98B. The Chainge dApp is accessible on the web and on mobile devices through the Apple App Store and Google Play.

The platform utilizes its patented DCRM (Distributed Control Rights Management) technology, which ensures interoperability by enabling cross-chain asset transfers and swaps within a decentralized framework. According to an interview with Cryptonews.com, Chainge founder DJ 

Qian describes DCRM as follows: 

"Briefly explained, DCRM cryptically creates token portability and exchange across chains. It also retains cross-chain encumbrance, enabling multi-token smart contracts with IFTTT (If This Then That) participation in other networks. DCRM allows groups of decentralized nodes to securely manage private keys on different chains and systems. These nodes only keep private key sharding and follow your instructions."

This technology empowers users to seamlessly and swiftly conduct cross-chain transactions using wrapped Kaspa tokens. Chainge offers highly competitive bridging fees:

  • Stablecoins: 0.06%

  • BTC, ETH: 0.1%

  • KAS and all other assets: 0.2% 

For swaps, Chainge stands out by effectively charging no fees by applying a revenue model similar to 1inch.

Security is guaranteed as the applications are built on the DCRM technology, ensuring that private keys remain secure during cross-chain mapping. Chainge has received the KYC audit, code audit, and bug bounty badges from Certik security, where they note that they have sourced four third-party audit reports. In the dApp, security info is provided by GoPlus Network, which shows whether or not a token has taxes, anti-whale measures, blacklist functions, and more. Platform statistics are also tracked via DeFi LLama.

About the Company

Chainge recently secured a 13millioninvestment,13 million investment, 10M from GEM Digital and 3MfromAlphaTokenCapitalinMay2024.GEMDigitalispartofthe3M from Alpha Token Capital in May 2024. GEM Digital is part of the 4.3B alternative investment group, Global Emerging Markets Group and Alpha Token Capital (ATC), which specializes in investing in established crypto token projects. Before the investment, Chainge DAO users voted and approved the investment via Snapshot. The official Chainge X (Twitter) account posted about the funding, "This leap is poised to drive sustained growth, bringing cutting-edge AI-driven solutions to a global audience." 

Additionally, a spokesperson from Chainge stated the following about the investment: "Under the guidance of esteemed board members Najam Kidwai, Mike Lempress, and Dejun Qian, Chainge aims to disrupt the long tail exchange market by empowering users to access any token on any chain."

Chainge was founded by crypto veteran DJ Qian Dejun Qian. Qian is also the founder of the FUSION Foundation and Bitse (which incubated VeChain and QTUM). It was originally known as Chainge Finance but rebranded to Chainge when they were acquired by Coded Fi Ltd., which valued the company at $47M. With this acquisition came the expertise of new board members Najam Kidwai and Michael Lempres. Dr. Najam Kidwai is the Co-Founder and Managing Partner of C1 Secondaries Fund, Co-founder and board member of EQUIAM, and an investor at Stripe, Chime, Daily Pay, Coinbase, Robinhood, Boxed, and Instacart. Kidwai also co-founded Egg.com, Nuance, and Real Time Content. Michael (Mike) Lempres was previously the Chief Legal and Risk Officer at Coinbase, the Executive in Residence at Andreeson Horowitz, and a board member and advisor to multiple public, private, and startup companies. Additionally, he had US appointments by three US presidents and works daily with two US Attorneys Generals. 

In May 2024, Chainge and California Science and Technology University (CSTU) Digital Currency and Artificial Intelligence (DCAI) lab announced a partnership to collaborate on research to further the realms of digital currency and artificial intelligence. Some specific goals include creating an AI-powered gem finder to identify up-and-coming cryptocurrency tokens, developing an AI model to assist with DeFi trading, and elevating the crypto user experience using NLP (natural language processing) models. 

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Comments

F

Fangs

Is chainge finance going to scam? My fund 14k$ and other users stuck https://x.com/0xwordfangs_/status/1879101368071549026

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