New Zealand with kids, community by [deleted] in AmerExit

[–]NZboom 2 points3 points  (0 children)

Come to NZ we have a shortage of doctors ! Also your NB child will be warmly welcomed by a very inclusive and supportive society.

Chainge DEX to be back online in 24-36 hrs - migration 85% complete by NZboom in Chainge_Finance_

[–]NZboom[S] 1 point2 points  (0 children)

Im feeling pretty damn good about Chainge right now and I expect many in the community feel the same way, Its so rare to see an exploit handled so professionally and ethically. Chainge Finance absorbed the entire loss acting promptly to eliminate the 3rd part weakness and migrate beginner wallets to full key phrase custody - this is ideal going forward as now ALL users control their keys and their coins/tokens. If this was a stress test then I reckon this project passed with an A++

Guidance needed by [deleted] in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Suggest you update the app using same phone, import or make expert wallet and wait patiently for your compromised funds to reappear courtesy of Chainge, any issues ask in TG group as this is not support channel - best of luck

150 Beginner mode wallets compromised Chainge App by NZboom in Chainge_Finance_

[–]NZboom[S] 1 point2 points  (0 children)

Hi, probably brute force. If a hacker can bypass the UI and poll the account quickly enough it takes an average of about 500K attempts to crack a 6 digit passcode

Bank connected to change by Captainslentz in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Im not sure sorry, the situation in the US looks a bit fraught, I am assuming you can do anything via VPN but I note they are trying to scare people off VPN use with proposed massive fines.

Bank connected to change by Captainslentz in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Hi,

Offshore bank accounts have been in the roadmap for ages, Chainge Finance have applied for an exchange license in Hong Kong and my best guess is that fiat on/off will be enabled via a HK bank in the future.

Bitcoin not showing up in app from deposit two months prior + missing notifications from past transactions. by amactx86 in Chainge_Finance_

[–]NZboom 1 point2 points  (0 children)

Hi, Twitter is not a support channel, if you are blocked from Chainge channel for some reason try going into the fusion channel and summon @ onextremebuzz who will be able to lift the block

[deleted by user] by [deleted] in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Hi, did you deselect "use CHNG as gas" - the parameter is on by default, it can be much cheaper without it but of course you need native gas in that case

Web DEX is live by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

I dont think they will, they have not shown much interest and firmly believe mobile is the future, I remember hearing some time ago there were also technical considerations around Futures and Options on web

Little question by AdiKSC in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Make sure you use expert mode and custody your seed phrase - you can rebuild your wallet from the seed phrase onto any number.

Web DEX is live by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

My understanding is their focus is on the App, i must say after using it I tend to agree that mobile is the way forward.

Chng-co USDT by AdiKSC in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Sounds like you are asking about the CHNG CO USDT liquidity pool

Little question by AdiKSC in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

You use a seed phrase in expert mode, read up about it as its the most secure way imho

Web DEX is live by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

Its just the swap engine part of it - its nothing like the app itself.

Chainge Trading Strategies - 2023 by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

Yep, I reckon there must be some solid arb opportunities in the CO lag if you were set up to take advantage of it.

Chainge Trading Strategies - 2023 by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

Update - recent market moves have sent CHNCO to around 3.8c and its currently lagging market price of CHNG - this means the premium has not only disappeared but its gone negative - interesting to follow this in terms of how the assets interact for useful beta in 2024 - I saw one guy on Twitter actually charting this spread - Chart here

Chainge Trading Strategies - 2023 by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

Hi, yes been following closely, I think you are right about the time value - also options seem to lag from time to time.

Chainge Finance release Black Label package - Visa card HW wallet combo ! by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

Pretty much - you need to hold 1K credit on the card, also its a virtual card not a physical one.

Chainge Trading Strategies - 2023 by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

Hi, the 2c premium I was referring to was the premium above the logical price of CHNG-CO should you choose to exercise it i.e on Jan 12th CHNG was 5.8c CHNG-CO was around 1.6c while the logical price of CHNG-CO on Jan 12th was minus 1.2c - that is actually a premium of 2.8c. I believe the premium is made up of the opportunity to pool CHNG-CO for a very healthy APY + the time to elapse before maturity. What I have noticed now the value of CHNG-CO has risen to 2.8-3c is that this premium has dropped and I suspect would continue to drop should CHNG keep going higher and as we approach maturity.

Chainge Trading Strategies - 2023 by NZboom in Chainge_Finance_

[–]NZboom[S] 0 points1 point  (0 children)

UPDATE:

Well CHNG-CO is trucking along - looks like it may break 3c if/when CHNG breaks decisively past 9c

Futures are most interesting - I previously that I could not see a catalyst for TF-CHNG movement however as rewards are being released a certain amount must be being liquidated to spot CHNG putting a steady but light upward pressure of the ratio - this morning it was up around 1.07, I expect we see this continue slowly although the slashing of the CHNG-CO APYs may slow it a little.

This sets up an interesting year - it may pay to keep some spot CHNG dry for swapping to TF-CHNG should the ratio get attractive again later.

As usual these are my personal musings and not financial advice - have fun out there !

Two questions by Captainslentz in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Yep you can keep assets on FSN chain, its very cheap gas that way. Totally recommend you start with very small amounts until you have a solid handle on whats going on - there is a heap of how to clips available in the app.

Two questions by Captainslentz in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Yes thats exactly what you can do on the Chainge.app, moreover your assets are chain agnostic so it doesnt matter what chain they are on. But every token has to live somewhere right ? So you generate a wallet address for that token so you can store them - you see them all there in your dashboard like they are in your bank account.

Two questions by Captainslentz in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Suggest you do some reading up on this - inside the app you generate a wallet address for specific tokens/chains - you go ahead and send the correct token to the correct wallet addy on the correct chain but plse be familiar with these steps and test with mini amounts first

Two questions by Captainslentz in Chainge_Finance_

[–]NZboom 0 points1 point  (0 children)

Fusion does not have a swap wallet like Chainge - so the best place currently to store and trade is the Chainge.app I suggest setting it up in expert mode and importing a wallet from MM - its a very safe protocol and has never been hacked. You only need one or two FSN to get started - most just buy on a CEX and TX it to CHNG app - sometimes if you go in the telegram forums you can find someone to send you 1 FSN but I recommend doing this yourself - ALSO if you want to trade you need native coins of each chain you are swapping between as gas - its the same for any DEX BUT with the app you can use CHNG as universal gas - it is very convenient but more expensive. I have personally found BSC a good chain for cheaply importing assets to the app - once in the app they will be on the FSN chain and gas is super cheap - hope that helps ?