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 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 is trusted by over two million consumers around the world, and has a large list of 140+ 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, 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 is called KYC (Know Your Customer). This process takes approximately half an hour and is necessary before you can trade 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. Go to the Changelly website, and enter your address. A confirmation email will be sent to you. Click the link in the email to confirm your account. 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. 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.
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. Fixed rates guarantee that the client will receive the exact amount 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 supports 150+ cryptocurrencies, including the most popular 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 offers an affiliate program, which rewards users with 50% of any referrals.
Changelly has a great reputation for offering 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. 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. This is a trusted exchange with a proven track record. However, the fees are a problem. It is not completely transparent about how much it charges users and which third-party payment processors it uses. It is not clear who the company runs.
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. The developers of Changelly say this is due to the fees involved in third-party processing.