This Changelly review provides details about the service’s safety, benefits, and customer service. It also makes it easy to exchange currencies. The service offers fixed exchange rates and only requires a 15-minute timeframe to complete a transaction. Candice Reeves, a public relations graduate and writer with extensive experience in personal finance, is available for writing. Her focus is on financial freedom and expanding financial literacy through research.
What is changelly
Changelly is a cryptocurrency exchange, offering users a fast and secure way to exchange one cryptocurrency for another. It has been trusted by more than two million users around the globe and offers a wide range of currencies. Users have the option of using fixed or floating exchange rates, depending on the type of transaction they are looking to perform.
Changelly offers an easy-to-use interface with a minimal learning curve. Users do not need to register for an account, and the service is free to use. There are no fees for deposits or withdrawals, which is an added bonus. There is a small transaction fee of 0.2% for crypto-to-crypto transactions.
Is it Safe
Changelly is a cryptocurrency exchange based out of Prague, Czech Republic. It allows its users to trade over 200 cryptocurrencies. Konstantin Gladych is the founder of the company and also participates in the largest Monero mining pool. He was fascinated by the global nature and currency of crypto, so he launched his exchange in 2013.
To be able to use Changelly, you must first verify your identity. This process is known as KYC, or Know Your Customer. It takes about half an hour to complete and is required prior to trading on Changelly. You will need a valid passport, driver’s licence, or government-issued identification card to present the documents.
After you’ve verified your identity, you can open an account. Go to the Changelly website, and enter your address. You will then be sent a confirmation email. To confirm your account, click the link in that email. You will then receive your Changelly login credentials. If you need to reset your password, please let us know.
How to Use
You must register before you can use Changelly for trading your cryptocurrency. Register with your email address, or create a profile. After you have registered, you will receive a confirmation email. Click the link in the email to confirm your registration and receive your login credentials.
The changelly website will then ask you to choose a currency for the transaction. You have the option of choosing a fixed or floating rate. A fixed rate guarantees the client the exact amount they have agreed to in the transaction, regardless of market conditions. A floating rate can be less profitable, but it is still guaranteed.
Changelly is an easy and convenient cryptocurrency exchange. It offers support for 150+ cryptocurrencies, including popular ones like Bitcoin and Ethereum. To make cryptocurrency trading easy for everyone, it integrates with Simplex or SEPA. It also offers 24/7 live chat support to help you with any questions or concerns. It also has an affiliate program that rewards its users with 50% of the revenue generated by their referrals.
Changelly is known for its excellent customer service. You can reach the support team via email and social media if you have any questions or concerns. A comprehensive FAQ section is also available for customers. You can expect prompt and courteous responses, regardless of what your needs are. They also offer a 24-hour customer support line.
Changelly is a simple and easy platform to trade cryptocurrencies. Currently, they support over 140 cryptocurrencies. Their service allows customers to convert fiat currencies into cryptocurrency. Customers should know that trading in fiat currencies is subject to a high-fee fee.
Changelly is one the most well-known and efficient platforms for crypto trading to crypto transactions. The company is a reputable exchange with a long track record. Nevertheless, there is one problem with the service: its fees. It’s not clear how much it charges and what third-party payment processors are used. Also, the company has not made clear who runs it.
Changelly charges a variety of fees. For example, if you want to exchange US dollars for Euros, you may need to pay 5% or 10% of the transaction value. While this option is convenient, the exchange rate offered through fiat is far from as attractive as the exchange rate through crypto. The developers of Changelly say this is due to the fees involved in third-party processing.