This Changelly review provides information on the service’s benefits, customer service, and safety. It also makes it easy 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, 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 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 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. 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. 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
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. 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.
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. Although it may be less profitable, a floating rate is still guaranteed.
Changelly is a simple 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 offers an affiliate program, which rewards users with 50% of any 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. 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. 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.
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. 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.