CoinStats’s First Steps Toward Making Decentralized Financial Services Accessible to Everyone
Great news — CoinStats users are in for a massive upgrade!
Our Vision
In 2017, CoinStats began its journey in crypto as a simple app for tracking your portfolio and gradually grew into the leader in this field. Now, three years later, CoinStats has hundreds of thousands of daily and over a million monthly users and connects hundreds of exchanges, wallets, and crypto platforms aggregating all your holdings in one place.
And now, we are excited to announce that CoinStats is ready to take the next step toward becoming your door to DeFi. We are currently on track to massively expand CoinStats’s functionality and become a full-fledged portfolio manager, where you can buy, sell, track, and earn, as well as get personalized portfolio insights.
Inspired by the concept of an open and transparent DeFi ecosystem, we would love to play our part in its future growth. The product feature we’ve built allows you to easily access the DeFi ecosystem from the CoinStats app. You can either use the wallet you already have or switch to CoinStats Wallet, a new user-friendly wallet we’ve designed for exceptionally secure and easy DeFi access.
CoinStats Wallet
Getting started with CoinStats Wallet is as straightforward as it can be. If you already have a CoinStats app, all you have to do is click on the Wallet icon on the tab bar and create your brand new CoinStats Wallet. If you don’t have the CoinStats app installed, you need to go to Google Play or App Store to download it and then easily create the Wallet.
CoinStats Wallet comes with a number of amazing features, including the option to buy crypto with a credit card and swap on multiple networks, such as BSC, Ethereum, Polygon) from one place.
Built with a special emphasis on a smooth and intuitive user experience, CoinStats Wallet is remarkably fast, secure, and beginner-friendly.
You can read more about the CoinStats Wallet in our product announcement blog post.
CoinStats Wallet also gives you the option of fiat on-ramp through the cheapest and most secure gateways. This is particularly valuable for those of you who are just dipping your toes into the crypto world. We’ve partnered with Moonpay and Mercuryo to let you purchase dozens of different cryptocurrencies using your credit or debit card.
While CoinStats Wallet is an incredibly important addition, it only marks the beginning of a string of massive transformations we’re about to undergo. DeFi swapping or trading, yet another new CoinStats feature, plays a key role in these transformations.
How DeFi Swapping Works
To use the swapping feature you can either connect the wallet you’re already using, such as Metamask, to CoinStats or create a new CoinStats Wallet. The DeFi swapping feature we’ve introduced rests on three cornerstones:
Optimal Swap Price
We aggregate liquidity from dozens of decentralized exchanges on the three most popular networks (Ethereum, Polygon, and Binance Smart Chain) which gives you the best swap price.
Convenience
Now you can swap any coin to any other coin in a few seconds without closing your favorite portfolio tracker. With an infinite number of apps and tools out there and our diminishing patience for them, the ability to do all your crypto trading from one place is invaluable.
Security
The CoinStats team has ensured industry-leading standards of security by implementing the best evidence-based practices in the field. When dealing with intangible assets, guaranteeing the secure and risk-free transfer of assets becomes even more important.
Check out this article to find out more.
Why Use It
The rapid growth of the DeFi ecosystem opens up an extraordinary number of new financial opportunities for all. At this point, it seems like we can assuredly state that a fully decentralized digital financial framework is the future of finance. This makes the crypto economy an even more exciting field to work in.
As big believers in the concept of a trusted and open financial ecosystem, we at CoinStats work to make these opportunities more accessible and comprehensible for you. If you’re one of the hundreds of thousands of users who track their portfolios on CoinStats or are simply curious to start crypto trading, it’s the right time to also start managing and trading directly from CoinStats. You’ll be amazed at how much more effective and convenient it is.
What’s Next
These are just the first steps toward facilitating your access to the DeFi ecosystem and fostering the growth of your crypto assets. As I’m writing this, our team is already working on enabling the use of a wide array of other DeFi services directly from CoinStats. The next game-changing feature to be launched soon is the Earn feature, which will enable you to earn up to 20% APY on your crypto easily, securely, and most importantly, in a highly transparent manner.
During the next few months, CoinStats will become the go-to central hub for everything crypto, where people can not only perform any crypto transaction they can think of but also get insightful personalized investment advice.
Stay tuned because there are so many exciting and innovative features coming your way.
Join Our Journey
We’re happy to have a million of you onboard and would love to get your input every step of the way. Join our journey today by following us on Twitter, Facebook, Telegram, Reddit, Instagram, and/or LinkedIn.
Jump on the bandwagon and let’s craft the future of DeFi together!
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