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 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 has an intuitive interface that requires little to no 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. 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 allows its users to trade over 200 cryptocurrencies. The company’s founder, Konstantin Gladych, is also involved with 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 process is known as KYC, or 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.
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. Once you have confirmed your account, you will 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. Register with your email address, or create a 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.
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. 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. It also offers 24/7 live chat support to help you with any questions or concerns. 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. In addition, they have a 24 hour customer support line.
Changelly is a simple and easy platform to trade cryptocurrencies. Currently, they support over 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 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’s not clear how much it charges and what third-party payment processors are used. 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. The developers of Changelly say this is due to the fees involved in third-party processing.