[October 11, 2018]

CoolBitX Partners with Changelly to Deliver Instant Mobile Crypto Exchange Any Time, Anywhere

CoolBitX (coolwallet.io), maker of the first mobile hardware wallet, announces its partnership with Changelly, the popular cryptocurrency exchange providing crypto users the ability to instantly and seamlessly exchange all CoolWallet S supported currencies at the best market rate.

CoolBitX and Changelly are teaming up to relieve key industry pain points on the road to mass adoption of cryptocurrencies. Until recently, crypto holders had to rely on insecure software wallets and cumbersome hardware options for storage. Exchanging coins from those wallets was a lengthy and expensive process.

The collaboration with Changelly enables CoolWallet S users to trade between cryptocurrencies on the Changelly exchange easily and instantly through the CoolBitX native app. Changelly has attracted over 2 million registered users since its founding in 2015. The CoolWallet S currently supports a range of currencies, including Bitcoin, Litecoin, Ethereum, XRP, Bitcoin Cash, and ERC20 Tokens. CoolBitX is backed by $13 million in funding from investors like SBI Holdingsand Bitmain.

"CoolBitX is happy to announce the partnership with Changelly," said Michael Ou, CoolBitX Founder and CEO. "Changelly offers stable crypto-to-crypto swap services, competitive exchange rates, and, most importantly, excellent customer support that allows CoolWallet S users to exchange with the best experience possible."

"We are happy to collaborate with CoolBitX's professional team," said Ilya Bere, CEO of Changelly. "The CoolWallet S is an outstanding product. We couldn't be more excited to empower it with Changelly's instant exchange features. This partnership promises to be a major step toward building trust-based relationships with the crypto community."

The ability to swap, spend, send, and receive numerous currencies any time, any place, with anyone, instantly is imperative for the cryptosphere to win over the mass market. These features combined with secure storage enable users to expand the application of their entire crypto portfolio. Users can profit from lucrative crypto exchanging, and now can avoid market volatility by trading for more stable currencies in times of market turbulence. The flexibility and ease of access to the Changelly service directly on CoolBitX's native app is an enormous step toward pushing for mass adoption of cryptocurrency.

About CoolBitX:
CoolBitX, founded in 2014 by Michael Ou, is a FinTech and blockchain security company specializing in manufacturing secure, US-patented digital asset hardware and developing smart contract platforms for millions of users. CoolBitX believes the faster decentralized blockchain technology achieves mass adoption and allows people to stop relying on unsecured centralized institutions, the better.

About Changelly:
Changelly is an instant cryptocurrency swap platform that acts as a mediator between trading cryptocurrency platforms and users, providing a wide range of digital assets for a seamless exchange. Changelly's mission is to make a frictionless exchange process for everyone who wants to invest in cryptocurrency. The platform provides its API integration for wallets, other exchanges and platforms to empower their functionality with Changelly exchange features.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181011005314/en/

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