This Changelly review provides information on the service’s benefits, customer service, and safety. It also makes it easy 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 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 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. 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. 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 process is known as KYC, or Know Your Customer. It takes about half an hour to complete and is required prior to trading 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. 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. 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.
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. 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. 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 has an affiliate program that rewards its users with 50% of the revenue generated by their 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. You can expect prompt and courteous responses, regardless of what your needs are. 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. Their service allows customers to convert fiat currencies into 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.
The fees charged by Changelly vary. 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. Changelly developers claim this is because of the fees associated with third-party processing.