Changelly Review
This Changelly review provides details about the service’s safety, benefits, and customer service. 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 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 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. 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, a cryptocurrency exchange, is located in Prague, Czech Republic. It allows its users to trade over 200 cryptocurrencies. Konstantin Gladych is the founder of the company and also participates in 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.
Once you have verified your identity, it is possible to open an account. Go to the Changelly website, and enter your address. 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. To confirm your registration, click the link in that email and get your login credentials.
The changelly website will then ask you to choose a currency for the transaction. 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. A floating rate can be less profitable, but it is still guaranteed.
Changelly is an easy and convenient cryptocurrency exchange. It supports 150+ cryptocurrencies, including the most popular like Bitcoin and Ethereum. It also integrates with Simplex and SEPA to make cryptocurrency trading easier for everyone. It also offers 24/7 live chat support to help you with any questions or concerns. It also offers an affiliate program, which rewards users with 50% of any referrals.
Customer Service
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. They also have a comprehensive FAQ section 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 offers an easy and convenient platform for trading cryptocurrencies. Currently, they support over 140 cryptocurrencies. Their service allows customers to convert fiat currencies into cryptocurrency. However, customers should be aware that the exchange service does charge a high fee for trading in fiat currencies.
Fees
Changelly is one the most well-known and efficient platforms for crypto trading to crypto transactions. The company is a reputable exchange with a long 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. 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.