What is Changelly
Changelly is a cryptocurrency exchange service that works automatically. The platform began its work in 2015 and over 5 years of successful work, the company has gained popularity among traders around the world. It is included in the list of well-known cryptocurrency trading platforms such as Binance, HitBTC, Bittrex, Poloniex, and others. The exchange is focused specifically on the international market, and the official interface of the site is presented in 12 languages. Changelly’s head office is registered in Malta in the city of Valletta, the other headquarters are located and regulated in Prague.
The exchanger also works in all countries of the world.
How Does Changelly Exchange Work
The website serves as a digital currency exchange point and widget for users who have their own website or API for trading platforms. The site has an affiliate program that allows you to earn on attracting referrals. You can also post on your own site a referral link to Changelly. Income statistics for this program can be viewed on the Affiliate Program tab. On the exchanger, you can download banners and logos.
Sites and wallets like Coinpayments, Jaxx Wallet, Coinmarketcap, Freewallet, and many others collaborate with Changelly.
How To Trade On Changelly
After registering for changelly.com, you can immediately begin the exchange.
The platform does not provide an internal wallet, so the exchange takes place directly from the balance on the cryptocurrency exchange, from a mining service or from available online or offline wallets.
On the Changelly exchange, you can exchange 130 cryptocurrencies, including Litcoin, Bitcoin, Ethereum, Monero, Dogcoin and those that are not represented in all exchangers. For example, Gold and Voice Tokens.
To get started on the main page, you just need to select the coin you want to sell, indicate the number and address of the wallet to transfer crypto to. Check if everything is correct and confirm the transaction. Then you get the address of the exchange wallet and send the coins that you sell to it. The service exchanges them and sends them to the wallet you specify.
Is Changelly Safe?
To protect personal information and the means of its users, Changelly service provides a two-factor authentication system at the entrance to your personal account. The client will need to enter the code when transferring funds and entering the account. You can install this system yourself or opt-out of it at any time.
Users of the Changelly exchanger highlight such advantages as a simple and convenient site interface, two-factor authentication, a large selection of tokens and cryptocurrencies, automatic search for the best exchange rate and the ability to buy coins for fiat. Also, good technical support work, quick transaction confirmation, and low commission.
Among the disadvantages can be called the inability to withdraw money to a bank card and the complex process of buying coins for fiat money.
However, the Changelly service greatly simplifies the cryptocurrency exchange process, automatically finds the best rate, quickly conducts transactions and fully justifies a commission of 0.5%. There are also a lot of good reviews of the platform on the Internet.