Web3’s Swiss Army knife of personal finance Changex joins Cointelegraph Accelerator

For years, the DeFi community has been looking for an entry point that can onboard the next wave of users to decentralized apps.One possible service is a financial innovation (fintech) app thats catered toward TradFi users and likewise offers easy-to-use DeFi functionality. This way, users can realize that self-custody, a practice that enables protecting digital assets in individual wallets without the assistance of a 3rd celebration, can be a method forward and start ditching centralized intermediaries like banks.While users mission to take complete responsibility for storing and managing crypto possessions picked up the speed with self-custody, the Web3 space created brand-new services to let individuals swap, invest and earn crypto that makes use of both CeFi and DeFi elements to help the migration process.Envisioning a demand and introduction of new sophisticated decentralized financial apps, Changex, an all-in-one mobile wallet, uses a CeDeFi design, combining central and decentralized finance in a single screen in a bid to bring in users coming from standard services with a familiar environment.DeFi fulfills CeFiThe Changex app uses a crypto trading exchange in a non-custodial environment, leaving the secrets to crypto properties with users. Following that, in the fourth quarter of 2023, Changex will roll out its biggest upgrade – the Changex Visa Debit Card and IBAN – which will enable users to claim total control over their finances and turn Changex into an extensive one-stop-shop for crypto and fiat alike.

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