Changelly: detailed exchange review and feedback
Changelly is a cryptocurrency exchange service that was launched in 2015 and immediately attracted the attention of the global community. The project was created by well-known figures in the crypto sphere, Charlie Shrem and Konstantin Gladych. The platform is registered in Prague.
The Changelly system is automatic and successfully integrated with major cryptocurrency exchanges such as Poloniex, Bittrex, and HitBTC. The service allows users to select optimal rates and place orders, freeing them from the need to perform such operations themselves.
Access to the service is provided to users from different countries around the world. The primary language of the platform is English, but translations into other languages, including Russian, are available. The website interface is user-friendly even for cryptocurrency novices and users who do not speak English. Customer support is responsive and efficient.
Changelly acts as a cryptocurrency exchange point and provides an API tool for trading platforms. For individual users with their own websites, the project can be used in the form of a widget. Logos and banners for placing links can also be found on the website.
The platform operates an affiliate program that allows users to earn by referring clients. To do this, one needs to place a special link on their website. The affiliate program offers the opportunity to receive up to 50% of the company’s profits. Referral statistics are available in the Affiliate Program section.
As for registration on the platform, it is quick and simple. Users only need to provide an email address, and the system will send a password to the specified address. There is also the option to log in through social media accounts or Google+.
Verification is not required to use the exchange. To enhance account security, it is recommended to enable two-factor authentication.
Regarding account funding, Changelly does not provide internal wallets. Trader funds from any existing wallets are used for exchange operations.
After registration, users can start exchanging assets. The platform offers about 150 cryptocurrencies for exchange. To sell cryptocurrency, one needs to specify the amount of coins and the wallet for transfer.
It is also possible to purchase cryptocurrency with fiat money using Mastercard or Visa bank cards. The purchase of digital assets is converted into fiat money in seconds.
As for money withdrawal, user funds are stored in personal wallets or on third-party platforms. The service does not offer the option to withdraw money to bank cards or through PayPal.
The service commission is 0.5% of each transaction plus the percentage provided by the cryptocurrency itself.
Changelly processes about 2,000 transactions daily. The platform is used by over 1 million people worldwide.
Account security is ensured by two-factor authentication and AML/KYC procedures. Customer support is available 24/7.
Among the advantages of Changelly are easy registration, no verification required, a user-friendly website interface, the ability to buy cryptocurrency with fiat, high security, and low fees.
Changelly exchange provides quality services with reliable data protection and favorable conditions.