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. 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 focus is on financial freedom and expanding 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 have the option of using fixed or floating exchange rates, depending on the type of transaction they are looking to perform.
Changelly has an intuitive interface that requires little to no 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 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.
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. The documents that must be presented include a valid international passport, driver’s license, or government-issued ID card.
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. Once you have confirmed your account, you will 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. You can do this by registering with your email address or by using an existing profile. Once you register, you will be sent a confirmation email. Click the link in the email to confirm your registration and receive your login credentials.
The changelly website will then ask you to choose a currency for the transaction. You have the option of choosing a fixed or floating rate. 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. 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 has a great reputation for offering 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 offers an easy and convenient platform for trading 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. 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. 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.