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, a public relations graduate and writer with extensive experience in personal finance, is available for writing. Her focus is on financial freedom and expanding 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. 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. 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. He was fascinated by the global nature and currency of crypto, so he launched 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. You will need a valid passport, driver’s licence, or government-issued identification card to present the documents.
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. You will then be sent a confirmation email. To confirm your account, click the link in that email. 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. Register with your email address, or create a 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. 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 a simple 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 is known for its 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. 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 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 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.
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.