This Changelly review provides details about the service’s safety, benefits, and customer service. In addition, it provides a quick and easy method to exchange currencies. The service offers fixed exchange rates and only requires a 15-minute timeframe 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 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 is a cryptocurrency exchange based out of 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.
To be able to use Changelly, you must first verify your identity. This is called KYC (Know Your Customer). This process takes approximately half an hour and is necessary before you can trade 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. Go to the Changelly website, and enter your address. 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. 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. 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 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. 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. 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. Customers can also use their service to exchange fiat currencies for 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. It is not clear who the company runs.
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. While this option is convenient, the exchange rate offered through fiat is far from as attractive as the exchange rate through crypto. Changelly developers claim this is because of the fees associated with third-party processing.