Changelly is an instant digital currency exchange providing competitive crypto-to-crypto rates. The Changelly exchange platform was founded in 2013, the platform has appeared as one of the most popular crypto-to-crypto exchange services on the blockchain market. The Czech-oriented exchange provides a wide range of services for investors seeking to get the best rates on crypto conversion.
Changelly has already structured an active international presence that has earned the trust of over 300,000 customers since 2015.
What is Changelly?
Changelly allows you to conveniently exchange one cryptocurrency for another in the most seamless way possible. This is done by directly suggesting and aggregating the best rates on its website.
Changelly’s robot is unified into the world’s largest crypto trading platforms, such as Bittrex and Poloniex. In a matter of milliseconds, the robot automatically suggests the best available rate on the Changelly website.
Changelly does not fix rates, as a result of the volatile nature of cryptocurrencies. This enables the platform to charge a low commission rate for facilitating trades.
The Cryptocurrencies available for trade on the platform
Changelly most deals in crypto-to-crypto conversion, that means the platform does not accept fiat currency transactions. However, you can use the US dollar or euro to buy over 35 cryptocurrencies.
Some of the supported cryptocurrencies include:
- Bitcoin
- Litecoin
- Ethereum
- Dashcoin
- Dogecoin
- Bytecoin
For the full list of accepted tokens, visit the Changelly site www.changely.com.
Available countries
Changelly is available in any part of the world. All you need to do is to sign up.
Acceptable means of payment
Using Changelly to exchange cryptocurrencies is very easy as a result of the mediums of payment accepted by the site. Users can deposit their funds with the use of their credit cards – the site accepts Visa and Master – or through regular fiat transfer done by the site via corporate partnerships. And Of course, users can always fund their account with their digital coins.
The platform's acceptance of fiat transfers and credit cards is essential because it allows crypto investors to easily purchase currencies. A lot of exchanges in the crypto-market today won’t accept any country's fiat currencies as a deposit method. This is what sets Changelly apart from other exchange platforms.
The Changelly platform accepts payments in over 35 cryptocurrencies.
The cost of using Changelly
By not fixing rates, Changelly is has been able to fix a very competitive fee of 0.5% on every cryptocurrency transactions. Users are also expected to pay small network charges that are structured and collected by the blockchain system.
Transaction process duration
Crypto-to-crypto transactions are usually concluded within 5-30 minutes. However, transaction procedure duration will rely on the capacity of the blockchain network at the period of your trade. Larger transactions may also take more time to process.
Transfer limits
The exchange has quite a high transaction limit and excellent liquidity, which implies that users can make trades of virtually any volume. However, it’s important to note that your transfer amounts must be large enough to settle the blockchain network fee as well.
Meanwhile, there are some limits on bank card payments, although the restrictions rise substantially after a few purchases. After a month, the restrictions on US residents are laid off.
The transaction limits are as follows:
1st transaction. $500
After 4 days. $1000
After 1 month. Unlimited.
Changelly Security
Changelly is seen as a trusted exchange service platform that is convenient and safe to use. The platform uses a 2-factor authentication to protect the account of users. This includes Google Authenticator providing an added level of security.
Client data such as emails are kept private and will only receive information periodically.
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