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, 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 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 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 lets its users trade more than 200 cryptocurrencies. The company’s founder, Konstantin Gladych, is also involved with the largest Monero mining pool. He was fascinated by the global nature and currency of crypto, so he launched 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.
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
You must register before you can use Changelly for trading your cryptocurrency. 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.
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. 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. 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. Currently, they support over 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. This is a trusted exchange with a proven 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. 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. The developers of Changelly say this is due to the fees involved in third-party processing.