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. 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 main focus is on financial freedom, and increasing 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. There is a small transaction fee of 0.2% for 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. 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. 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. Register with your email address, or create a 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.
You will be asked to select a currency when you go to the changelly website. 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. A floating rate can be less profitable, but it 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 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. They also have a comprehensive FAQ section for customers. Regardless of your needs, you can expect to receive a prompt and courteous response. In addition, they have 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 of the most popular and effective platforms for trading crypto to crypto transactions. The company is a reputable exchange with a long track record. Nevertheless, there is one problem with the service: its fees. It is not completely transparent about how much it charges users and which third-party payment processors it uses. Also, the company has not made clear who runs it.
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.