This Changelly review provides information on the service’s benefits, customer service, and safety. 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 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 has been trusted by more than two million users around the globe and offers a wide range of currencies. Users have the option of using fixed or floating exchange rates, depending on the type of transaction they are looking to perform.
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. 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.
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. To confirm your account, click the link in that email. You will then 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. To confirm your registration, click the link in that email and get 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 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.
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. 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.
Changelly charges a variety of fees. You may have to pay either 5% or 10% depending on the transaction value if you wish to convert US dollars to Euros. 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.