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Changelly Teams Up with Pillar to Facilitate Its New In-Wallet Exchange Feature

  • Alex Dovbnya
    📰 News

    Performing token exchange has secured a promising partnership with cryptocurrency wallet Pillar


Changelly Teams Up with Pillar to Facilitate Its New In-Wallet Exchange Feature
Contents

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.

Cover image via www.123rf.com
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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