This Changelly review provides details about the service’s safety, benefits, and customer service. 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 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 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 has an intuitive interface that requires little to no learning curve. The service is completely free and users don’t need to register. You don’t have to pay any fees for withdrawals or deposits. 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. 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. 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.
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. A confirmation email will be sent to you. 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. 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 a simple 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. 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. 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 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.
Changelly charges a variety of fees. For example, if you want to exchange US dollars for Euros, you may need to pay 5% or 10% of the transaction value. 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.