Changelly is the brainchild of the famous mining pool Minergate, which was released in 2015. Information about the head office’s location and the founders of the company is publicly available, which is an advantage for the world of cryptocurrency exchanges.
Changelly acts as an intermediary between clients and major exchanges such as HitBTC, Bittrex, Poloniex, etc. It means that it monitors the most profitable cryptocurrency exchange offers among the major deals at the moment, places bets, and automatically selects the best option.
The advantage of such a service is that it greatly simplifies the process of concluding the most profitable deal, saves time, and increases your chances of success.
To exchange cryptocurrency on the platform, the customer needs to take a few simple steps:
The trading platform is suitable for both experienced traders and beginners. A large number of training materials are provided for new users, which also facilitate quick learning.
The traders can get quick access to the project’s functionality anywhere and anytime with a mobile application. Thus, it is possible to trade without using a laptop or desktop computer. Both Android and iOS versions are available.
The personal account is not overloaded with settings. Another important point is the connection of two-factor authentication. It includes entering a code when entering your account and then re-entering it during a transaction. If desired, there is an option to opt out of this function. A visitor can install such a system on his own, even through a mobile application.
You can start exchanging money here immediately after completing the registration procedure, which opens access to your personal account. The authors do not provide an internal wallet, so the exchange is launched from an existing account directly on the crypto exchange. For the same purpose, you can use the mining service or any wallets online or offline. It is the best way to purchase Monero and other different cryptocurrencies on the site.
There is no limit on the minimum and maximum amounts for the procedure, but it is not recommended to sell or buy too little money since it can all be withdrawn by the service to cover fee payments. You can use a card of any country for purchase, and the currency will be automatically recalculated at the dollar or euro rate. The site has a fixed commission for any operation- 0.25% of the sum.
There is an affiliate program for active users who want to receive additional income. Thus, clients can attract new participants to the project and receive up to 60% of the commission. The program is implemented in two ways: using the Changelly widget or using the exchange button with a referral link. T
Changelly is an uncomplicated trade platform suitable for beginners and those who don’t have time to exchange manually. The service has an inherent interface, and its lax KYC verification conditions and the absence of exchange restrictions make it convenient.
Changelly is considered the cheapest instant exchange service, but still, it offers less beneficial rates for many currencies, which decreases the customer return rate. However, in terms of speed and performance, it’s worth regarding that Changelly’s maximum processing time is 30 minutes.
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