Sparkpoint’s wallet is now powered by Changelly’s Instant Exchange Technology

Jastine Gamora
4 min readOct 24, 2019

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Secured, private, and innovative — with Sparkpoint’s first ever non-custodial wallet in the Philippines, SparkX, one never needs to worry about where the information is stored. And now, with Changelly integrated, Sparkpoint will give users that instant exchange capability on the SparkX platform.

NAGA CITY, PHILIPPINES — One of the most well-known cryptocurrency purchasing pain points most users find is performing basic transactions. For some of us, this ordeal is like riding a bicycle, but for those who are not as tech-savvy as the crypto veterans, making a transaction or a swap can be pretty difficult, and might even lead to a bad customer experience, leaving the user with disbelief in the system. In the crypto community we understand these pain points, and this partnership between Changelly and Sparkpoint is there to unleash a quick, easy and reliable solution to this challenge faced.

By means of this strategic partnership, Changelly and SparkPoint provides a platform that enables BTC, ETH and more than 150 other cryptocurrencies to and from SparkPoint Wallet (SRK) to be exchanged seamlessly and swiftly, thus significantly increasing the Sparkpoint platform’s user base and exposure around the globe.

Andy Agnas, Chief Executive Officer of SparkPoint (SRK) is so proud and happy to seal this partnership with Changelly, saying that it this partnership is a step forward for SparkPoint, reaching an extraordinary level while keeping SparkPoint on the path of the industry’s fast evolving pace. This is especially certain, given that Changelly has partnered with well-known players in the crypto industry; such Binance, Houbi wallet, Enjin, Coinome, etc.

Eric Benz, CEO of Changelly also expressed his views on partnership, stating that, “we are excited for the partnership with Sparkpoint, and ultimately feel this is going to be a significant step forward for the entire crypto community. The security and privacy components behind SparkX provide peace of mind to its users, and this is merely one of the differentiating factors that separates Sparkpoint from other wallets available in the market.”

SparkPoint wallet users can now send transactions, and implement crypto-to-crypto exchange thanks to this collaboration. “By integrating Changelly’s API in our wallet, we can enable a built-in exchange in the SparkPoint app, thus users can now swap cryptocurrencies in an instant and seamless way,” Andy added.

Basically, an instant exchange like Changelly is better than a conventional custodial exchange. Users are given a quick and easy instrument to exchange their assets, since Changelly acts as an intermediary between the traditional exchange and a user, thus reducing the risk of theft from hacks and fraud.

“Changelly’s integration gives our wallet real world utility. Our wallet is not just a medium of storage anymore, it also now has the capability to trade crypto — one very significant feature to have,” Rico Zuniga, Chief Technology Officer of SparkPoint said in an interview.

With this partnership, the question is, “Will the SRK Token be allowed swapping capabilities on Changelly?” At present, the SRK token is not yet available for swap in Changelly because our exchanges are not yet supported. However, there is a possibility that we will be listed in the future.

Rico added that there is a plan for SparkPoint to create their own exchange since this is a common goal among blockchain cryptocurrency startups. “We will plan this carefully and comply with all regulatory requirements to make this a reality soon.”

In relation to this partnership, SparkX (SRK) will integrate the other tokens, batch by batch according to demand and popularity until all coins and tokens are added to our wallet.

About SparkPoint

SparkPoint Ecosystem is a decentralized payment gateway with integrated instant exchange, blockchain based e-learning, gaming, and online store. It encourages people to participate in digitizing payment transactions by providing inclusive financial services integrated with blockchain technology, easing the hassle of transferring money & participating in cryptoccurency exchanges. Be a globally competitive project that focuses on financial inclusion by integrating blockchain technology and promoting financial literacy awareness to reinvent the world of digital payments.

Official website: https://www.sparkpoint.io

Official Telegram : https://t.me/SparkPointOfficial

Official Twitter: https://www.twitter.com/sparkpointio

About Changelly

Changelly is a non-custodial, instant cryptocurrency exchange, which means that no user funds are placed in the service. Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 150+ cryptocurrencies. The company’s mission is to make the exchange process effortless for everyone who wants to invest in cryptocurrency. Attracting over a million visitors monthly Changelly provides its loyal community with high limits, fast transactions, and 24/7 live support.

Official website: https://changelly.com/

Global Telegram: https://t.me/join_changelly

Global Twitter: https://twitter.com/Changelly_team

For Press:

pr@changelly.com

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