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 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 is a cryptocurrency exchange, offering users a fast and secure way to exchange one cryptocurrency for another. It is trusted by over two million consumers around the world, and has a large list of 140+ 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. You don’t have to pay any fees for withdrawals or deposits. 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 lets its users trade more than 200 cryptocurrencies. The company’s founder, Konstantin Gladych, is also involved with 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 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. After that, you can reset your password if necessary.
How to Use
You must register before you can use Changelly for trading your cryptocurrency. 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 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 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 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. 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 offers an easy and convenient platform for trading 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 the most well-known and efficient platforms for crypto trading 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. Also, the company has not made clear who runs it.
Changelly charges a variety of fees. 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. The developers of Changelly say this is due to the fees involved in third-party processing.