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 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 has an intuitive interface that requires little to no 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. 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 allows its users to trade over 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.
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
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. 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. A fixed rate guarantees the client the exact amount they have 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. 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. 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 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. 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. 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. While this option is convenient, the exchange rate offered through fiat is far from as attractive as the exchange rate through crypto. The developers of Changelly say this is due to the fees involved in third-party processing.