Key takeaways from this Changelly review:
- Instant cryptocurrency swaps
- Wide selection of supported cryptocurrencies
- Secure and reliable trading platform
Changelly Pros & Cons
Pros
Cons
What is Changelly?
Changelly has positioned itself as a user-focused cryptocurrency exchange platform, offering swift, secure, and hassle-free non-KYC and non-custodial exchanges across a vast selection of cryptocurrencies.
Their commitment to transparency, simplicity, and accessibility makes Changelly an excellent choice for both experienced traders and beginners looking to delve into the world of digital currencies.
Changelly Products & Features
Changelly enables users to instantly exchange one cryptocurrency for another without the need for complex processes or creating an account. With its user-friendly interface, Changelly offers competitive rates and efficient transactions. It also supports a wide range of cryptocurrencies for seamless trading.
Instant Swaps: With Changelly, users can effortlessly swap Bitcoin and over 500 altcoins within seconds. The platform integrates with various reputable exchanges to ensure optimal liquidity and competitive rates, enabling users to trade at the best possible prices.
User-Friendly Interface: Changelly's intuitive and beginner-friendly interface caters to crypto enthusiasts of all levels. Its straightforward design allows users to initiate transactions in just a few clicks, making it ideal for both experienced traders and newcomers to the crypto world.
Non-Custodial Exchange: Maintaining the fundamental principles of cryptocurrencies, Changelly does not hold users' funds. In each transaction, Changelly ensures a direct transfer from the sender's wallet to the recipient's wallet, minimizing the risks associated with centralized exchanges.
Mobile App: Changelly offers a mobile app for both iOS and Android devices, providing users with a convenient way to trade cryptocurrencies on the go. Enjoy all the features of Changelly's web platform, including quick transactions and real-time market data, in the palm of your hand.
Fixed and Floating Rates: Changelly provides users with the flexibility to choose between fixed or floating rates when exchanging cryptocurrencies. This empowers users to opt for the most suitable rate based on their trading preferences, allowing for greater control over their transactions.
Changelly Customer Support
Changelly provides customer support through live chat on their website as well as a ticketing system. Users can also browse through an extensive knowledge base covering a wide array of topics.
Is Changelly Available to US Investors?
Changelly is available to US Investors, but only in 43 states. The platform is not available to residents of Alabama, Florida, Georgia, Hawaii, New Mexico, Oregon, Vermont and Washington.
Changelly Trading Fees
Changelly applies a maker/taker fee system to its trading activities, with an equal 0.25% for both. Withdrawal fees are set to 3.95%.
Changelly Alternatives
- SimpleSwap: It's a user-friendly crypto swapping platform where you can swap popular cryptocurrencies in simple steps.
- Swapzone: Swapzone is a cryptocurrency exchange aggregator that enables users to compare rates across multiple platforms to find the best deal for their swaps.
How to Sign Up on Changelly?
You don't need to sign up to exchange your cryptocurrencies, but to access more perks, you should sign up for this exchange. Here’s how you can sign up on Changelly:
- Visit Changelly here
- Click “Sign Up” in the top right corner
- Enter your full name and email
- Check the “I’m not a robot” captcha
- Click “Register”
- Check your email for a confirmation link
- Click the link to confirm your account
- Log in with your email and password
- Provide the necessary documents for KYC verification
- Start trading!
