November 24, 2022

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Changelly

changelly

Changelly is a cryptocurrency trading platform based in Hong Kong that was created in 2015. One of the most tempting aspects of Changelly is that you do not need to register or verify your identity before you can begin trading. Your email address is all that is required. Changelly is more of a swap platform than a cryptocurrency exchange. It does not keep your coins in a platform-created account. Instead, it transfers cash to various exchanges before depositing them into your preferred crypto wallet. You can switch between crypto coins without having to deposit them on the platform in this way.

The platform allows you to trade over 150 different cryptocurrencies. The exchange charges a trade fee of 0.5 percent, which is deemed reasonable. You can buy coins with another cryptocurrency or with a credit or debit card. However, bare in mind that using credit and debit cards will result in significant fees. You must first set up a crypto wallet that is compatible with Changelly, such as TREZOR, Ledger, or Coinomi, before using Changelly.

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