You have several different cryptocurrencies in different wallets and want to exchange them in a specific currency, such as Bitcoin. To do this, you will need to use a cryptocurrency trading platform. But how to choose the right one? In this article, we will look at one of these platforms.The crypto trading platform must be secure and easy to use for users. Changelly has been one of the growing platforms for some time, so we’ll talk about how to use Changelly in your crypto trading endeavors, whether it is safe and what the fees are.
In 2016, the company was established as an independent platform for cryptocurrency exchange. Since then, Changelly has more than 2 million users and currently maintains an impeccable experience when it comes to quickly exchanging one cryptocurrency to another at extremely low fees.
Instant Exchange Panel
If you are reading this guide, you may already be familiar with how cryptocurrencies usually work. With this in mind, you probably know that when you want to quickly exchange one cryptocurrency for another (eg Bitcoin to Ethereum or LTC to Dogecoin, etc.), you should rely on the so-called cryptocurrency exchange platform.
Changelly is a very simple and easy to use cryptocurrency exchange site. There are more than 130 currencies to choose from, the exchange is automated, 24/7 support and there is an option to purchase cryptocurrency using a bank card.
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How does Changelly work?
Working with this service starts with registration, it is quite simple: specify your email address, an activation link will be sent to your email – activate and registration is complete.
How to convert crypto in Changelly platform – step by step
Step 1 – Choose your currency pair for exchange
Choose which cryptocurrency you want to send and which currency want to receive. Enter the amount. Choose “Floating rate” or “Fixed rate” and the service will automatically calculate everything. Then click “Exchange now”
Step 2 – Enter your crypto wallet address to receive coins
After clicking on the “Exchange Now” (Swap Now) button, the service will specify the amount of crypto coins to receive, will indicate the commission and the approximate waiting time. Then enter your wallet address to receive the cryptocurrency and check all details again, then click “Next step” (or “Proceed”).
Step 3 – Send your currency to Changelly
Changelly will generate deposit address and you have to send your currency amount for exchange.
Step 4 – Receive your crypto coins
The service works in automatic mode, so after receiving your crypto coins, the payment status will automatically change to “Completed”.
You can check the transaction history and current pending transactions in your account by selecting the “History” tab.
In the settings section, you can change the password, email address, and configure two-factor authentication.
How to Buy cryptocurrency using Changelly via Debit/Credit card
How to Sell cryptocurrency for USD/EUR through Changelly platform
Changelly Mobille App
The Changelly service has a very convenient and beautiful mobile application, for now only the Android version. The main screen (Exchange) is a window for exchanging cryptocurrency, the process does not differ from that in the web version.
To the bottom right is the “Support” button.
To the bottom left is your transaction “History” button.
In the upper left corner of the screen there is a menu where you can log in to your account.