Changer.ae Ltd, a cryptocurrency custodian service, today officially launched its platform, providing individuals worldwide with a reliable, convenient and accessible wallet to protect and manage their digital assets.
The Changer is regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) based in the United Arab Emirates, under which it is required to comply with all rules and regulations relating to, inter alia, the provisions safekeeping, technology governance, and other system controls.
As Changer ramps up its operations, it is currently waiving curation fees for early adopters, which are planned to go into effect in Q1 2024.
Cryptocurrency investors from around the world can easily open an account through the user-friendly Changer mobile app that can be downloaded from the App Store, Google Play Store or Huawei App Gallery and once verified, they can use it to to store their digital data.
Following today’s launch of custody services, Changer plans to introduce additional services in early Q1 2024 that will allow its users to convert their virtual assets into fiat currencies and hold them in escrow (customer account -money) with a yet-to-be-disclosed strategic banking partner.
Nadeem Ladki, Senior Managing Director of Changer, commented on the launch:
“We are delighted to witness the successful and global launch of Changer.ae, as the first locally built, independent virtual asset custody provider serving individuals. For widespread adoption of digital assets, users need a secure, reliable counterpart. and we are committed to investing in the infrastructure and complying with the necessary regulations to provide this peace of mind to our global users to be a leader in this space.”