This Changelly review provides details about the service’s safety, benefits, and customer service. It also makes it easy to exchange currencies. The service offers fixed exchange rates and only requires a 15-minute timeframe to complete a transaction. Candice Reeves, a public relations graduate and writer with extensive experience in personal finance, is available for writing. Her main focus is on financial freedom, and increasing 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 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. You don’t have to pay any fees for withdrawals or deposits. There is a small transaction fee of 0.2% for crypto-to-crypto transactions.
Is it safe?
Changelly, a cryptocurrency exchange, is located in 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.
You must verify your identity before you can use Changelly. 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. The documents that must be presented include a valid international passport, driver’s license, or government-issued ID card.
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. 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. After that, you can reset your password if necessary.
How to Use
You must register before you can use Changelly for trading your cryptocurrency. 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.
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 a simple 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. 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. 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. 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. They currently support more than 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. The company is a reputable exchange with a long track record. Nevertheless, there is one problem with the service: its fees. It’s not clear how much it charges and what third-party payment processors are used. 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. 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.