Changelly is one of leading instant cryptocurrency exchanges operating since 2015 and supporting over 80 alts and tokens. The service is also partnered with Jaxx, Coinmarketcap, Bittrex, Coinpayments, Coinomi and other reputable companies. Changelly provides instant cross-currency swapping and accepts Visa/MC payments. The exchange processes over $150 MLN monthly for 700K customers from around the world enabling them to switch between large sums of coins without any amount restrictions.
What is Changelly?
This project is a young and promising project created by MinerGate enthusiasts. Changelly provides safe and fast transactions without revealing users’ identities at the best possible rate in the market. The company works with more than 50 cryptocurrencies and with reliable trading platforms known worldwide.
How Does Changelly Work?
Changelly works with a robot integrated into the largest and most important cryptocurrency trading platforms, like Poloniex or Bittrex. In just milliseconds, the robot bids and asks on the trading platforms, and then selects and suggests the best available rates. Once Changelly’s robot has performed this action, the best estimated rate will be available on Changelly’s site.
With this system, users can have one of the best rates in the market when buying cryptocurrencies. Changelly will always display the best possible rate. Once the investor makes the transaction, he will have a rate that could be slightly different from the estimated rate at the beginning of the transaction.
But this flexibility in the rate provides low commissions (0,5%) to the customers. In order to be able to fix rates, Changelly would have to increase the transaction fees, something that most of the investors do not want.
Changelly Does Not Have Amount Restrictions
The company does not have any amount restrictions in most of the cases. However, there are some cases in which minimum amount applies. For example, if the amount that you are using is very low, it should cover all network fees required by the blockchain.
Changelly offers amount recommendations in order to secure the funds of the investor. If the user tries to transact without the recommendations provided, there is a high risk that the transaction will go through and the money will be lost.
Regarding large amounts of money, Changelly does not apply any restrictions at all. In this case, the time of transaction processing will depend on the capacity of the blockchain and the amount of network fees set by the wallet.
Changelly Affiliate Program
The affiliate program is one of the special features that Changelly provides. With this program, investors earn 50% of Changelly’s commission for each transaction that is made by another signed up person through the investor’s link. The link is permanent and lasts forever and the reward is given in bitcoin equivalent.
Top Affiliate Partners include CoinMarketCap, The Cointelegraph, Bitcoinist and WorldCoinIndex.
Take a look at the rates of your favourite coins and start to trade them in Changelly!