[Changelly] All you need to know about cryptocurrency exchange which provides the best rate
What is Changelly?
- Founded in 2013, Changelly is a cryptocurrency exchange that offers to trade between a long list of cryptocurrencies.
- This cryptocurrency aims at reducing the technical barriers between users and cryptocurrency ecosystem.
- A 300,000 customer base says about the confidence the users have shown in this cryptocurrency exchange.
- It pays in USD, EURO, and 35 other cryptocurrencies.
- The reason behind changelly to become so popular is the kind of rates it provides for conversion of one cryptocurrency into another.
- Poloniex and Bittrex, world's biggest platforms are integrated to changelly .As a result, changelly robot tells the best exchange rates.
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- In case you are interested in buying or selling cryptocurrencies through changelly then you need to pay two kinds of fee.Changelly charges 0.5 % of every transaction.Other than this you need to pay networking fee to blockchain network.
- Transaction time is totally dependent on the capacity of blockchain network at the time of your trading.However, on an average, it takes between 5 and 30 minutes.
- This platform provides 2-factor authentication.
- This exchange will never ask you to provide your personal information.
- You can buy Bitcoin using a credit and debit card.
- Changelly provides an average technical support.Though they try their best to resolve most of the escalation.But we need to keep one thing in mind that the entire cryptocurrency ecosystem is very new and most of the exchanges including changelly is seeing exponential growth.It will take some time for the entire cryptocurrency ecosystem to behave in a much-matured way.
Conclusion: So considering above points we can definitely give this exchange a try.All of us know that cryptocurrency environment is evolving every day and it will take a while to come to any conclusion.If you love experimenting then just go for it.In the next article, I will discuss how to use changelly.Click on the below link and register for changelly so that next article will be of great help.