Updated: May 27, 2020
This time we test Changelly. I highly recommend it.
Changelly is a distributed crypto-currency exchange. This means that users do not have to go through an ID verification process, as opposed to a centralized exchange. The exchange was founded in 2015 and has since gained over 1.5 million registered users.
The company is headquartered in Prague and is highly respected and trusted in the cryptographic currency industry. Changelly surprises with a very simple user experience when buying crypto currencies. Another advantage is the Fiat crypto exchange, which allows you to buy Bitcoin directly with Visa or Mastercard.
Changelly has focused on making processes as easy as possible for users. We at Bitcoin-News.one find the layout extremely user-friendly and easy to understand, as do the fees, which are very straightforward and include a flat rate of 0.5% for each trade.
Why should you open a Changelly account?
Most people do not like long ID verification processes or the use of multiple accounts on different exchanges. There is a great need for an easy to use one-stop shop. Changelly strives to become the universal crypto currency exchange.
Changelly has a Fiat gateway that allows users to buy Bitcoin with a Visa or Mastercard. However, it would be desirable if a multi-crypto wallet were added to the Exchange.
Which crypto currencies can be bought at Changelly?
This is the most important factor in choosing a stock exchange, along with security aspects: new coins are regularly added to Changelly.
Fiat payment information
Any Fiat currency can be used with Visa or Mastercard, but it will be converted into USD or EUR.
However, there are some restrictions for the first Fiat payments you make:
o The first transaction is limited to $100
o 4 days later a second transaction can be made with a limit of $200.
o 1 week after the first deposit, the limits are increased to $500.
o Payments in the first week are limited to 6 transactions in total.
After one month, you will have no restrictions on your´Changelly account.
- Changelly has over 1.5 million registered users.
- Many Coins: Over65 coins are available on the exchange.
- User-friendly: Changelly is a decentralized exchange.
- Buy Crypto with Fiat: Visa and Mastercard are accepted to buy Bitcoin.
- Confidence:Great support from the community and the team behind Minergate (a BTC Minerpool from 2013). Partnerships have been established with established wallets, including Jaxx and Coinomi.
- Support: by e-mail to: firstname.lastname@example.org.
- No payout fees: Unlike other crypto currency exchanges, Changelly does not charge any fees to pay out your credit to your wallet.
Want an account on Changelly: One of the most popular decentralized crypto exchanges in the world?
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