Changelly Srypto

changelly-review

Cryptocurrencies have become so popular that it’s not just a trend anymore. It has finally reached different countries across different markets. It’s not surprising that so many cryptocurrency platforms have appeared 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 are one of the most popular platforms on social media and forums.

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’ll be taking a closer look into Changelly and all its features. Apart from that, we’ll be discussing what makes it different and how you can use it.

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.

If you prefer reading, we will start with Changelly’s overview and then move on to their features.

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Before you go on, you may want to check out this video by Crypto Renegade on YouTube that gives a quick review. Afterward, you’ll want to read the rest of our article for a more comprehensive review.

Overview of Changelly Changelly Srypto

Changelly started back in 2013 but gained traction during 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. It’s also one of the biggest reasons why so many users prefer 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 also have a monthly turnover of 60,000 BTC.

Changelly doesn’t hold liquidity. They are a non-custodial exchange. This also means that they don’t require deposits.

What are its key features?

This section will focus on what makes Changelly so special. Most forums and groups often share how the platform has some of the most remarkable features.

Offers Flat Exchange Fees

Cryptocurrency platforms often add extra fees per transaction. Although this is understandable, it can reduce your profits by a significant amount.

Although this is a controversial topic to many, altcoins fees are one of the main reasons that so many people choose Changelly.

Their flat fee per trade is 0.5% according to the website. So every time you trade between cryptocurrencies, 0.5% of that will be deducted from you.

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

This does not apply to fiat currency trading. That’s why we recommend users check first about the fees before trading. Just be careful since it can be confusing to users. If you aren’t sure, you can always contact their support team.

Despite this being the case, Changelly’s best feature is that it is still easy to use for beginners. The exchange doesn’t have a confusing interface, and there are lesser location restrictions. The 0.5% flat exchange fee applies to most trading styles.

Changelly Srypto

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Secures your Personal Information

Security has always been Changelly’s key selling point. They are known for exchanging altcoins without the need to add the user’s personal information. All users need to add is their email address, and everything is set.

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.

If you forget your account’s password, you can also recover it since they can send you what you need to do through your email.

Why is Changelly not requesting personal information?

This rule was put in place by Changelly to protect the privacy of each user. All you need to do is register using your email and add a valid wallet address. You no longer need to submit your personal information that can be compromised.

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.

Many cryptocurrencies supported

Cryptocurrency platforms often focus on just a handful. With Changelly, they can support up to 90 cryptocurrencies. 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. These are some of the supported currencies you will find:

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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Features 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 will accept most cards, but they must be 3D Secure. Keep in mind, however, that any bank transactions or payments you make should be made in Euros and US Dollars. The same goes whether your bank card is from a different region.

It is easy and fast to buy crypto. Simply visit Changelly’s homepage. On the left side, you’ll find the type of currency you have. You can choose to have it in USD or EUR. 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?

You will have to limit the number of transactions you make with your bank card if you plan on paying by it. 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. This time, you’d be allowed to have a $100 limit. 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. These payments will not be required after the first week. Currently, there are no payment limits per month.

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Changelly will allow each user one cryptocurrency wallet within the first week. 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 Srypto

Once everything is settled, they will convert the money into the currency you chose. 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, a cryptocurrency platform that makes trading easier by using AI. It’s integrated on trading platforms such as Poloniex and Bittrex.

When trading, the AI can either search platforms or make a bid. After it finds the best rates, the AI will calculate and post the results on the official Changelly site.

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 Srypto

The good news is that, even though there may be differences, these discrepancies are minimal. The estimates are not too far off from the actual.

Are accounts required?

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 Srypto

Pros and Cons

Here’s a summary of the advantages and disadvantages of using Changelly. This will help you decide if it is right for you.

Pros

  • Offers 0.5% flat exchange fee
  • No need to register
  • Has 24/7 live support

Cons

  • Flat exchange fees are not applicable to any other type of exchange
  • It can be slow for some

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. You don’t even need to register in order to use their platform. All you need to do is to add your email and a credible digital wallet. As long as you have these, then you’ll be good to go.

In terms of using the platform, they also have a clean interface. It allows you to easily navigate and trade. You can also see past exchanges. Changelly Srypto

In summary, Changelly is perfect for you if your primary concern is security and privacy. 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 Srypto

Does Changelly have a maximum and a minimum amount?

Changelly does not currently have any restrictions on the maximum amount that you can exchange. Changelly will inform you if the minimum is too low. It will also depend on what cryptocurrency you’re using.

What is the average time it takes for transactions to be completed?

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

What types of currencies does Changelly support?

You can only buy cryptocurrencies in US Dollars or Euros.

Is there a limit on the withdrawal amount for Changelly?

Changelly does not have a monthly withdrawal limit

What is a recipient’s address?

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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