Changelly
review and rating
Czech Republic, Prague
Changelly
review and rating
Czech Republic, Prague
About Changelly
Changelly is a cryptocurrency exchange that was established in 2015 by a team of professionals, with its headquarters located in Hong Kong. Eric Benz, with over a decade of experience in Financial Technology, serves as the CEO of Changelly. He has been involved in the blockchain space since 2012, participating as an investor, board director, and founder in various blockchain and fintech ventures.
Pros:
- Speed and Convenience: Changelly's online swap service is known for its speed, providing users with quick and efficient cryptocurrency exchanges. The process typically takes only a few minutes, making it suitable for those who need rapid transactions.
- Wide Range of Cryptocurrencies: With support for a diverse array of cryptocurrencies, users have the flexibility to exchange a variety of digital assets, allowing for a more extensive and versatile trading experience.
- No Account Required: The fact that users can use Changelly's online swap without creating an account can be appealing for those who prioritize privacy and want a hassle-free exchange process.
Cons:
- Higher Fees: Changelly's convenience comes at a cost, as the platform tends to have higher transaction fees compared to some other exchanges. Users should be mindful of the fees associated with the online swap service.
- Limited Control Over Exchange Rates: While Changelly aims to find the best rates for users, the actual exchange rates may vary slightly due to market fluctuations. Users might not have as much control over the rate they get compared to traditional trading platforms.
- Dependency on External Exchanges: Changelly relies on other cryptocurrency exchanges to facilitate the swaps. If these exchanges face technical issues or downtime, it could potentially impact the user experience on Changelly.
2M+
Monthly traffic
500+
Coins
IOS and Android
Mobile App
About Changelly
Changelly is a cryptocurrency exchange that was established in 2015 by a team of professionals, with its headquarters located in Hong Kong. Eric Benz, with over a decade of experience in Financial Technology, serves as the CEO of Changelly. He has been involved in the blockchain space since 2012, participating as an investor, board director, and founder in various blockchain and fintech ventures.
Pros:
- Speed and Convenience: Changelly's online swap service is known for its speed, providing users with quick and efficient cryptocurrency exchanges. The process typically takes only a few minutes, making it suitable for those who need rapid transactions.
- Wide Range of Cryptocurrencies: With support for a diverse array of cryptocurrencies, users have the flexibility to exchange a variety of digital assets, allowing for a more extensive and versatile trading experience.
- No Account Required: The fact that users can use Changelly's online swap without creating an account can be appealing for those who prioritize privacy and want a hassle-free exchange process.
Cons:
- Higher Fees: Changelly's convenience comes at a cost, as the platform tends to have higher transaction fees compared to some other exchanges. Users should be mindful of the fees associated with the online swap service.
- Limited Control Over Exchange Rates: While Changelly aims to find the best rates for users, the actual exchange rates may vary slightly due to market fluctuations. Users might not have as much control over the rate they get compared to traditional trading platforms.
- Dependency on External Exchanges: Changelly relies on other cryptocurrency exchanges to facilitate the swaps. If these exchanges face technical issues or downtime, it could potentially impact the user experience on Changelly.
2M+
Monthly traffic
500+
Coins
IOS and Android
Mobile App
More information about Changelly
Changelly is a cryptocurrency exchange platform with a distinct mission to simplify and streamline the process of exchanging cryptocurrencies for a broad user base.
Establishment and Leadership:
Changelly was founded in 2015 by a team of professionals and is headquartered in Hong Kong. The platform is led by CEO Eric Benz, a seasoned figure with more than a decade of experience in the field of Financial Technology. Eric's involvement in the blockchain space dates back to 2012, where he has played various roles, including investor, board director, and founder in blockchain and fintech businesses.
Exchange Rate Competitiveness:
Changelly stands out as a leading cryptocurrency exchange platform renowned for offering highly competitive exchange rates across a wide range of trading pairs within the cryptocurrency market. This commitment to competitive rates has garnered attention and interest from users.
User Base:
Changelly has been steadily gaining popularity and currently processes approximately 3,000 transactions daily. The platform boasts an impressive user base, with over 2 million registered users from around the world.
Automatic Exchange Service:
Changelly's core feature is its non-custodial cryptocurrency exchange service, which operates automatically. It is seamlessly integrated with some of the most popular cryptocurrency exchanges, including Bittrex, Binance, and HitBTC. This integration allows users to access and compare the best available rates for their desired cryptocurrency transactions. This is particularly advantageous for users who wish to exchange one cryptocurrency for another, such as converting Bitcoin to Ethereum.
Extensive Cryptocurrency Support:
Changelly provides access to a vast selection of over 150 cryptocurrencies available for swapping. This comprehensive list includes well-known cryptocurrencies like Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Monero, Stellar, Lisk, ZCash, USDT, XEM, EOS, Ethereum Classic, DOGE, DASH, Bitcoin SV, and more. Users can easily find the complete list of supported currencies on Changelly's platform.
Partnerships for Convenience:
To enable users to buy or sell cryptocurrencies with maximum convenience, Changelly has established partnerships with trusted payment processors like Simplex and SEPA. These partnerships ensure that users can secure the most favorable exchange rates available in the market.
Global Accessibility:
Changelly's cryptocurrency exchange services are accessible to users worldwide, with exceptions for specific countries due to regulatory restrictions. It is unavailable in countries such as Cuba, Iran, North Korea, Crimea, Sudan, Syria, and certain territories of the United States, among others.
Multilingual and User-Friendly Interface:
Changelly offers a user interface in multiple languages, making it accessible to a diverse global audience. The platform is designed to be user-friendly and comprehensible, even for individuals who are new to cryptocurrency exchanges.
High Limits and Speed:
Changelly is known for providing high transaction limits, ensuring that users can meet their trading requirements. Transactions are processed rapidly, delivering a seamless user experience.
Mobile App:
To provide users with a comprehensive experience, Changelly offers a mobile app for both iOS and Android platforms, allowing users to access its services on the go.
Collaborations:
Changelly has established partnerships with a variety of websites and cryptocurrency wallets, further extending its reach and integration. These partners include well-known entities such as Exodus, Coinmarketcap, MyEtherWallet, Ledger, Trezor, Coinomi, Infinito Wallet, Enjin Wallet, BRD, Bittrex, Binance, HitBTC, Freewallet, Jaxx Wallet, Huobi Wallet, CoinSwitch, CollWallet, Ginco, Simplex, and many others.
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