Changelly Review

Changelly is a popular platform which was registered in 2013 in Prague. Mainly it is used by the newbies and intermediate-level investors to exchange one cryptocurrency for another. This crypto exchange allows you to exchange cryptocurrency without exchange verification.

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Introductory Video


Customer Support

As on many other platforms, the possibility to get in touch with the customer service representatives is limited to filling a form on the site. Of course, there is a detailed FAQ section, still it may be not enough in case you face any difficulties or bugs. 

Fees

Every time any amount of digital currency is exchanged, the currency goes through a blockchain. This process requires a small fee called a ‘network fee’, which is actually a commission taken from the amount sent in any currency.  It is important to make sure that you have enough funds to cover the exchange fees both for sending your original currency and receiving the new currency you want to purchase. The transaction will not go through and the funds will be lost in case the amount is too low to cover the fee, that is why it’s vital to ensure you have enough funds before making a transaction.  The fee equals to 0.5% commission for each transaction. It is taken before your funds are sent to the recipient right after the exchange process is completed.
The good thing about Changelly is that it has no minimum or maximum amount limits, apart from the cases when the set amount is lower than the commission necessary to cover the network fee. This attracts small traders who are just interested in testing the waters, and large traders who are into exchanging big amounts.

Currencies available

The choice of currencies on Chanegelly is more than decent.  There are 35 currency pairs available Changelly.com. You can check the full list of supported currencies here


Brand Quality and Site Safety

The platform has proved its reliability during the past years. Here you can find a vast choice of cryptocurrencies, and a possibility to exchange them to fiat currencies (USD and EUR) with your credit or debit card. The speed of transactions is rather high, taking usually from 5 to 30 minutes. Another thing that attracts users id no limitations on transactions’ amount. The security is achieved due sending all funds after transactions to the users’ wallets in a cold storage, 2 factor authentication and https protocol.