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 main focus is on financial freedom, and increasing 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. Users do not need to register for an account, and the service is free to use. You don’t have to pay any fees for withdrawals or deposits. It also charges a small transaction fee, 0.25%, on crypto-to-crypto transactions.
Is it Safe
Changelly, a cryptocurrency exchange, is located in Prague, Czech Republic. It lets its users trade more than 200 cryptocurrencies. The company’s founder, Konstantin Gladych, is also involved with the largest Monero mining pool. After becoming fascinated by the global nature of the crypto world, he decided to launch his exchange in 2013.
To be able to use Changelly, you must first verify your identity. This is called KYC (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.
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. Once you have confirmed your account, you will receive your Changelly login credentials. After that, you can reset your password if necessary.
How to Use
Before you can use Changelly to trade your cryptocurrency, you must sign up. Register with your email address, or create a profile. Once you register, you will be sent a confirmation email. Click the link in the email to confirm your registration and receive your login credentials.
You will be asked to select a currency when you go to the changelly website. You can either choose a fixed rate or a floating one. Fixed rates guarantee that the client will receive the exact amount agreed to in the transaction regardless of market conditions. Although it may be less profitable, a floating rate is still guaranteed.
Changelly is a simple and convenient cryptocurrency exchange. It offers support for 150+ cryptocurrencies, including popular ones like Bitcoin and Ethereum. It also integrates with Simplex and SEPA to make cryptocurrency trading easier for everyone. You can also access live chat support 24/7 to answer any questions. It also offers an affiliate program, which rewards users with 50% of any referrals.
Changelly has a great reputation for offering excellent customer service. If you have questions or concerns, you can contact the support team via email or social media. A comprehensive FAQ section is also available for customers. You can expect prompt and courteous responses, regardless of what your needs are. 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 the most well-known and efficient platforms for crypto trading 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.
The fees charged by Changelly vary. You may have to pay either 5% or 10% depending on the transaction value if you wish to convert US dollars to Euros. 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.