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, 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 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. 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 allows its users to trade over 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). 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. You will then be sent a confirmation email. Click the link in the email to confirm your account. You will then receive your Changelly login credentials. After that, you can reset your password if necessary.
How to Use
Before you can use Changelly to trade your cryptocurrency, you must sign up. You can do this by registering with your email address or by using an existing 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.
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. 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. 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 is known for its 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. 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. 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. 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. Changelly developers claim this is because of the fees associated with third-party processing.