This Changelly review provides information on the service’s benefits, customer service, and safety. It also makes it easy to exchange currencies. It offers fixed exchange rates and takes only 15 minutes to complete a transaction. Candice Reeves is a writer and public relations graduate with experience in the field of personal finance. Her focus is on financial freedom and expanding financial literacy through research.
What is changelly
Changelly, a cryptocurrency exchange that allows users to quickly and securely exchange one cryptocurrency for another, is available. 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 has an intuitive interface that requires little to no learning curve. The service is completely free and users don’t need to register. 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.
You must verify your identity before you can use Changelly. This is called KYC (Know Your Customer). It takes about half an hour to complete and is required prior to trading on Changelly. The documents that must be presented include a valid international passport, driver’s license, or government-issued ID card.
Once you have verified your identity, it is possible to open an account. To do this, go to the Changelly website and enter the address of your wallet. A confirmation email will be sent to you. 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
Before you can use Changelly to trade your cryptocurrency, you must sign up. You can do this by registering with your email address or by using an existing profile. Once you register, you will be sent a confirmation email. To confirm your registration, click the link in that email and get 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 offers an affiliate program, which rewards users with 50% of any 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. They also have a comprehensive FAQ section for customers. Regardless of your needs, you can expect to receive a prompt and courteous response. In addition, they have 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. However, customers should be aware that the exchange service does charge a high fee for trading in fiat currencies.
Changelly is one of the most popular and effective platforms for trading crypto to crypto transactions. The company is a reputable exchange with a long track record. However, the fees are a problem. 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. This option is convenient but not as appealing as the crypto exchange rate. Changelly developers claim this is because of the fees associated with third-party processing.