We have plenty of options when it comes to buy bitcoin like coinbase , zebpay ,etc but if we want to get a hold of other cryptocurrencies (altcoins) like monero , ether or any other we have very limted options .
Maybe you’ve bought your first bitcoin from coinbase or any other wallet but now you want to have a look at different cryptocurrencies so what Changelly allows you to do exchange upto 80+ different cryptocurrencies online pretty instantly and very simply . One of the other great things about changelly is they have a very low fees at 0.5% so opposite to diferent other exchages which charge very high fees . Also the process of exchange is very fast, infact they will make exchange in just 5 – 30 minutes.
There are lot of different cryptocurrencies for doing exchange , right now they are 80+ and are always adding .
The interface is super smooth and beginner friendly . Before we move further i also want to tell you than changelly also let you buy cryptocurrency through credit /debit card but I personally would not recommend you to do that because they charge a little high rate than other wallets . So use changelly only for cryptocurrency exchange but not for buying some .
Some of the cool features of changelly are:
- Exchange Bitcoin into any other supported cryptocurrency.
- Exchange fees are only 0.5%.
- Supports USD Tether (USDT).
- Buy Bitcoin using a credit/debit card.
- you can track your past exchanges
Well, in the account history feature you can also see the past exchanges from your account which is pretty good .
In April 2017, Changelly reached the 1,000,000 users landmark.This shows how much popularity changelly has achieved in such a short time.
Beginners guide : How to exchange cryptocurrency through Changelly.
Inorder to exchange cryptocurrency through changelly you need to sign up on changelly first.
In terms of signing up for changelly account , its pretty easy to do so, there are different methods you can use like sign up through google + account or facebook account or twitter account or you can enter your email account into this section and then go through the sign up process .
Within my account section you can change your password.
- Select the currency you want to exchange
Lets say you wish to change ETH to Litecoin.
- Enter the amount
- Click on “exchange” button.
Now , you can see the exchange rate , exchange fees and arrival time .
- Click on “Next“.
Here you need to enter your wallet address where you want to receive the exchanged cryptocurrency.
- Then click on “Next“.
Check all the details before processing.
- Then click on “confirm and make payment“.
Here, you’ll see a wallet address where you need to send the deposit .
- Either you can copy the address or scan the QR code and make payment through your wallet.
Once you have deposited the amount you just have to wait for 5-30 minutes( generally exchange is done within 10 minutes).
you can check this receipt from your dashboard whenever you want.
Conclusion : Can we trust changelly ?
Reasons to trust Changelly:
- No deposit storage and instant money exchange.
- Each account protected with 2 factor authentication.
- More than 500,000 satisfied users, including such well-known members of the crypto community as Charlie Shrem.
- Over 3mln users attending this site in a month.
I’ve already taught you everything you should know inorder to exchange cryptocurrency through changelly , now common guys do your first exchange and learn with your own experience.
For more details you can visit Changelly.
Thank you ,hope you guys loved this Review + Guide blog . You can also check our previous blog .