Key Data

• Trading Name: Changecoins
• Legal Entity: Grizzly Techland OÜ
  
• Activities: crypto payment processor
• Location: Estonia and Ukraine
• Authorization: no active license
  
• Related individuals: Yuriy Degtjarevs

The Estonian Grizzly Techland OÜ d/b/a ChangeCoins (www.changecoins.io) is a crypto payment processor operated by the Ukrainian Yuriy Degtjarevs and his team. registered as the company’s sole director.

The company used to have an Estonian crypto license until May 2022, which is now archived and no longer valid

The Offering

Changecoins offers to buy cryptocurrencies with credit/debit cards and other payment options such as Perfect Money, Advcash, or Privat24.

Merchants can use the Changecoin API to integrate this payment option into their cashiers, enabling their clients to buy cryptos and pay for their services.

Conclusion

We exposed ChangeCoins as a payment facilitator in the MarketBull broker scam. Thus, we included the payment processor in our “Red Compliance” list and advise merchants to be very cautious.