Coinchange and Kanga Exchange - A Successful Partnership for Enhanced Earnings

Case study

Highlight

The partnership between Coinchange.io and Kanga Exchange highlights the significant impact that innovative financial tools can have on user experience and earnings. This collaboration not only provided users with a seamless way to earn more from their cryptocurrency but also underscored the importance of making advanced financial opportunities accessible and user-friendly.

Background

Coinchange.io and Kanga Exchange teamed up to offer an innovative solution for users seeking to grow their cryptocurrency holdings including stablecoins. Through the Coinchange Earn API, this partnership has opened up new avenues for earning passive income, allowing users to put their crypto assets to work and generate steady returns. Kanga operates over 1000 physical exchange points across 12 countries, making it one of the few crypto exchanges with such a broad physical presence.

Challenge

Users of Kanga Exchange desired more than just a platform for trading cryptocurrencies; they sought ways to grow their assets without the constant need to monitor and manage their investments. The challenge was to provide a solution that offered stable, high returns with minimal user effort, ensuring both simplicity and reliability.

Solution

Coinchange.io introduced its Earn API product, seamlessly integrating it into the Kanga Exchange platform. This API allows users to automatically earn returns on their cryptocurrency assets by connecting them to various DeFi protocols. The process is designed to be straightforward, providing users with the benefits of passive income without the complexities of active asset management.

For many users, the integration of the Earn API was transformative. Users with busy schedules found managing their cryptocurrency investments time-consuming and overwhelming. The introduction of the Coinchange Earn changed this. By simply depositing their assets into the Earn account, they began to see a steady increase in their earnings. Earn took care of the rest, enabling them to earn income effortlessly while focusing on their work and personal life. 

Results

The integration of the Coinchange Earn API brought about impressive outcomes for Kanga Exchange users. By reducing transaction costs and providing automated yield generation, Kanga supports the financial inclusion and democratization of investment opportunities, enabling a more accessible and efficient global financial market.

  • Increased Earnings: On average, users experienced an improvement of 3-5% in yield compared to existing savings and staking products. This boost is attributed to Coinchange’s diversified DeFi strategies that optimize returns across multiple protocols.
  • Higher Engagement: The ease of earning and reliable returns led to a significant increase in user activity on the Kanga Exchange platform, with more users regularly logging in to check their earnings and explore new opportunities.
  • Reduction in Lock-up Period: Compared to traditional staking options, Coinchange’s Earn product eliminates the 15-30 days lock-up time associated with most Earn offerings, providing users more flexibility and quicker access to their funds.
  • Expanding User Base: Kanga Exchange has over 100,000 active users. With the Earn integration, an estimated 30% of Kanga users are expected to adopt the Earn product, reflecting the growing demand for passive income opportunities through crypto.

Key Reasons Why Users Like the Earn Feature

  • Passive Income: Coinchange Earn allows users to earn income without actively managing their assets, providing a steady stream of income similar to dividends or interest from traditional financial products.
  • Stable Returns: The feature provides consistent and stable returns, which helps users feel more secure about their investments.
  • Ease of Use: Users appreciate the straightforward and user-friendly interface of the Earn API, which makes it accessible even to those with limited technical knowledge.
  • Enhanced Financial Growth: By leveraging DeFi protocols, the Earn enables users to achieve higher returns compared to traditional savings or investment options.
  • Trust and Reliability: The positive feedback from other users and the reliable performance of Earn builds trust, encouraging more users to participate and invest their assets.

Ready to Earn More on Your Crypto?

Unlock the power of DeFi and start earning passive income today with Coinchange Earn. Join thousands of users who are growing their crypto portfolios effortlessly and securely.

Get Started with Coinchange