Changelly And Google Auth

changelly-review

Cryptocurrencies are now a booming trend. It is now available in many countries and on different markets. That’s why it’s no surprise that many cryptocurrency platforms have popped up over the years.

But with so many available, choosing the right one can get tricky. Each platform has its pros and cons, as well as its distinct features.

Changelly is one the most well-known cryptocurrency platforms. They’ve been one of the most talked-about platforms across forums and social media.

Most users have commented how easy it is to use and how secure their transactions are. Moreover, they support up to 10 different cryptocurrencies!

We will be looking at Changelly and its many features. We’ll also be talking about how it can be used and what makes it unique.

This is quite a long post. This video is a better alternative. They also discuss Changelly. We recommend you watch their video to get insights regarding if Changelly is perfect for you.

For those who prefer to read, let’s start with Changelly’s overview before going into their features.

changelly-logo

Before you continue, you may want to check out this video by Crypto Renegade on YouTube that gives a quick overview. After, you will want to read the rest of our article for a more comprehensive review of Changelly.

Overview of Changelly Changelly And Google Auth

Changelly was founded in 2013, but began to gain traction in 2016. They were also able to establish themselves fully in 2016. Their company has more than 2,000,000 users and is well-known for not being hacked, fraudulent, or bugged.

They are also associated with MinerGate, a well-established mining pool.

Its impeccable track record is one the most appealing features. This is also why many users love it. They also have policies that promote trustworthiness, fairness, and transparency. This platform makes it easy and quick to make transactions.

They also have over 90 altcoins available for purchase or exchange. They even have a 60,000 BTC monthly turnover.

Changelly does not hold liquidity. They are a non-custodial exchange. They don’t require deposits.

What are its key features?

In this section, we’ll be looking into what makes Changelly unique. Many forums and groups share their appreciation for the unique features of Changelly.

Flat Exchange Fees

Many cryptocurrency platforms charge extra for each transaction. Although this is understandable, it can reduce your profits by a significant amount.

Although it Is a controversial topic, flat exchange fees are the most significant reasons why so many people choose Changelly.

Their flat fee per trade is 0.5% according to the website. You will pay 0.5% for every trade between cryptocurrencies.

The rate is not as high compared to other cryptocurrency platforms. They don’t charge any additional fees. You can expect a uniform deduction every time you trade.

This does not apply to fiat currency trading. We recommend that users verify the fees before trading. It can be confusing for users so be cautious. If you aren’t sure, you can always contact their support team.

Although that is the case, the good thing about Changelly is that it’s still the best for beginners. The exchange doesn’t have a confusing interface, and there are lesser location restrictions. Moreover, the 0.5% flat exchange fee is available for most of the trading styles.

Changelly And Google Auth

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Secures your Personal Information

Changelly’s main selling point has been security. You can exchange altcoins with them without having to provide any personal information. Users only need to enter their email address and all is well.

But for those worried if this makes your account easy to hack, don’t worry. They also employ a two-step authentication process so you can secure your transactions and your account. The simple step they added allows anyone to use the platform without risking their security.

You can also retrieve your password if you forget it. They can send you the information via email.

Is there a reason why Changelly doesn’t require personal information?

This rule was put in place by Changelly to protect the privacy of each user. You only need to register with your email address and provide a valid wallet address. Your personal information is no longer required.

If you use a bank card to purchase crypto, however, you might need to add verification. This will vary depending on which bank you use. But this step is unnecessary if you’re going for crypto to crypto conversion. Bank verification is not required for this purpose.

Supports many cryptocurrencies

Many cryptocurrency platforms are focused on just a few. Changelly supports up to 90 cryptocurrency. Because their choices are wider, there are less restrictions when it comes to selling and buying crypto.

You can find the list of supported currencies on their website. Among those 90, you’ll find the following:

Because they have one of the most extensive lists for a crypto platform, changing between them is also easy. It is possible to exchange different currencies without going through a lot of steps.

You can also change between supported cryptocurrencies. You can suggest that Changelly add your token. All you have to do is complete a form and email it to them.

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Includes a Flexible Bitcoin Buying System

Changelly supports as many as 90 cryptocurrency across the globe, as we have already mentioned. Having that feature, it’s no surprise that they accept a variety of bank cards. You can also buy it either in US Dollars or Euros, depending on what currency your bank supports.

They accept most types of cards; however, they need to be 3D-Secure. You should also keep in mind that whatever bank payments or transactions you do should only be in Euros or US Dollars. It doesn’t matter if your bank card comes from another region.

The whole process for buying crypto is also seamless and quick. All you need to do is go to Changelly’s homepage. On the left side, you’ll find the type of currency you have. It’s either in EUR or USD. You can adjust this as well as the crypto you want to buy.

After everything is set up, you just need to add the amount. Afterward, confirm the rate, and then you’re all done!

Is there a limit on the amount of transactions that can be made with bank cards?

If you’re planning to pay with bank cards, you will be imposed a limit on the first few transactions. Your trades with banks from Canada, Australia, and the USA will be subject to a $50 limit.

After 4 days, you would be allowed to buy your first translation. You’d then be allowed to purchase your initial translation up to $100. The $500 limit will only be allowed 7 days after your initial transaction.

Changelly will also limit your bank transactions during your first week. In total, you can only make 3 payments on the first week you’ve joined in. However, these won’t be necessary after the initial week. Currently, there are no payment limits per month.

Litecoins-cryptocurrency

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In the first week, Changelly allows each user to have one crypto wallet. They will choose which crypto trade would be best at the given time using the amount you specified along with the type of cryptocurrency you’re using. It will search for the best rates within different cryptocurrency exchanges. Changelly And Google Auth

After everything is settled they will convert your money into the currency of your choice. This is where they charge their 0.5% flat exchange fee. They will then convert it into crypto and send it to your second account.

Changelly is a cryptocurrency platform that uses AI to make the best out of trading. It’s integrated on trading platforms such as Poloniex and Bittrex.

The AI can search for platforms and make bids when trading. Once it searches for the best available rates, it will estimate and post it on the official Changelly website.

The rates provided by the AI are only estimates. There may be slight variations in the transaction depending on how you proceed with the exchange. Don’t be surprised that the transaction rates may differ from the calculation. Changelly And Google Auth

The good news is that, even though there may be differences, these discrepancies are minimal. These estimates are close to the real.

Are accounts necessary?

Changelly does not require that you create an account in order to use their platform. This is to protect the privacy of each user.

You won’t need to provide any personal information when you sign up. All you need is your email and a valid wallet address.

However, you may need to undergo a verification process if you’re buying using your bank card. Changelly And Google Auth

Pros and Cons

Here’s a summary of the advantages and disadvantages of using Changelly. This list should make it easier for you to decide whether it’s right for you or not.

Pros

  • Offers 0.5% flat exchange fee
  • Registration is not required
  • Live support available 24/7

Cons

  • Flat exchange fees do not apply to other types of exchange
  • Some people may find it slow.

Last Thoughts

Changelly is one the most recent crypto platforms. It is gaining popularity due to crypto’s increasing popularity and secure trading.

They don’t ask for your personal information, so you won’t be risking much whenever you trade. Moreover, you don’t need to register to start using their platform. All you need to do is to add your email and a credible digital wallet. These are all you need to be able to use your digital wallet.

They also offer a simple interface for users to use the platform. It allows you to easily navigate and trade. You can see your past exchanges too. Changelly And Google Auth

Changelly is the best choice if you are concerned about privacy and security. It’s also perfect for those who are planning to exchange using different cryptocurrencies. The best part about this is that they have 24/7 customer support.

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FAQ Changelly And Google Auth

Does Changelly have a maximum and a minimum amount?

Currently, Changelly doesn’t have restrictions regarding the maximum amount you can exchange. As for the minimum, Changelly will notify you if it’s too low. It will also depend on what cryptocurrency you’re using.

How long does it take for transactions to finish?

Transactions take between 5 and 30 minutes. The higher the amount, the longer it will take.

What currencies does Changelly support

Only US Dollars and Euros are accepted for cryptocurrency purchases.

Does Changelly have a withdrawal limit?

Changelly doesn’t have a monthly withdrawal limit.

What is the address of a recipient?

The recipient’s address will be your wallet’s address. This should be the address to which Changelly will send your cryptocurrency coins.

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