Pillar, an easy-to-use token wallet, has unveiled its brand-new exchange feature that is the result of its partnership cryptocurrency exchange Changelly. Its users are now able to effortlessly swap ERC20-tokens for PLR within the comfort of their own wallet.
Pillar Offers Engine, explained
The cryptocurrency and token exchange functionality is powered by the Pillar Offers Engine, which poses as the backbone of the company’s evolving e-commerce platform.
The main purpose of the engine is to accumulate all offers on the market, which eliminates the need to search for the best deal.
Presently, Ethereum is the only supported Blockchain, but Pillar is planning to expand the inventory of available protocols. In particular, they are currently working on BTC support.
Swapping tokens with Changelly
The Changelly API integration made it super easy to swap Ethereum-based for Pillar tokens.
All you have to do is to choose your selling and buying coin (in this case, it’s ETH and PLR) and enter the amount of Ether that you would like to exchange.
After confirming the transaction, your tokens will appear in the app.
Pillar states that buying its PLR token doesn’t incur any fees. However, purchasing Ethereum tokens will require a subscription fee of roughly €1.