This Changelly review provides information on the service’s benefits, customer service, and safety. In addition, it provides a quick and easy method to exchange currencies. It offers fixed exchange rates and takes only 15 minutes to complete a transaction. Candice Reeves, a public relations graduate and writer with extensive experience in personal finance, is available for writing. Her main focus is on financial freedom, and increasing 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 can choose to use fixed or floating exchange rates depending on what type of transaction they want.
Changelly offers an easy-to-use interface with a minimal 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. 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. Konstantin Gladych is the founder of the company and also participates in the largest Monero mining pool. After becoming fascinated by the global nature of the crypto world, he decided to launch his exchange in 2013.
You must verify your identity before you can use Changelly. 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. The documents that must be presented include a valid international passport, driver’s license, or government-issued ID card.
After you’ve verified your identity, you can 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
You must register before you can use Changelly for trading your cryptocurrency. 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 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. You can also access live chat support 24/7 to answer any questions. 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. 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. Regardless of your needs, you can expect to receive a prompt and courteous response. They also offer a 24-hour customer support line.
Changelly is a simple and easy platform to trade cryptocurrencies. They currently support more than 140 cryptocurrencies. Customers can also use their service to exchange fiat currencies for cryptocurrency. Customers should know that trading in fiat currencies is subject to a high-fee fee.
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.
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.