No Regulation

Score

0123456789.01234567890123456789
/10

changelly PRO

Seychelles

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://pro.changelly.com/

Website

Yesterday Vol
Rating Index
Influence

Influence

AA

Influence Index NO.1

United States 7.81

Better than 98.73% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
AA

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

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Company Name
changelly PRO
Phone of the company
--
Company website
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Facebook
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Customer Service Email Address
--

WikiBit Risk Alerts

1
Previous Detection 2024-04-15

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Vol Stat

Influence

Yesterday Vol

7 Days

$ 140.958m

$ 140.958m

48.88%

$ 69.598m

$ 69.598m

24.13%

$ 28.405m

$ 28.405m

9.85%

$ 18.816m

$ 18.816m

6.52%

$ 6.743m

$ 6.743m

2.33%

$ 4.762m

$ 4.762m

1.65%

$ 2.981m

$ 2.981m

1.03%

$ 2.815m

$ 2.815m

0.97%

$ 2.21m

$ 2.21m

0.76%

$ 2.139m

$ 2.139m

0.74%

$ 1.772m

$ 1.772m

0.61%

$ 1.664m

$ 1.664m

0.57%

$ 1.389m

$ 1.389m

0.48%

$ 1.202m

$ 1.202m

0.41%

$ 701,534

$ 701,534

0.24%

User Reviews

More

6 ratings

Participate in evaluation
Araminah
Changelly: Allows for quick crypto swaps.
2023-10-24 09:31
3
Araminah
Changelly → Great for quick and easy trades. It's got a simple interface and it's easy to use.
2023-09-20 14:19
11
FX1209350266
Changelly PRO is really complicated about trading fees, it keeps breaking the bank! Then, it is very difficult to claim their privacy and data protection.
2023-09-14 14:24
11
zeally
Changelly charges some of the lowest rates for crypto-to-crypto exchanges. You can preview your transaction to compare the rate and fees against other exchanges and make sure you get the best value.
2023-12-21 07:48
9
Jenny8248
Changelly is a non-custodial cryptocurrency exchange that offers almost 200 different cryptocurrencies. Its easy-to-use service is secure and lets you trade cryptocurrencies at low fees.
2023-12-07 21:22
9
Xiiao Xiao
As a cryptocurrency enthusiast, I absolutely love using Changelly PRO. It has low trading fees and high liquidity, which is a huge plus for me. The future potential cannot be underestimated.
2023-10-15 12:46
1
Aspect Information
Company Name Changelly PRO
Registered Country/Area Seychelles
Founded Year 2015
Regulatory Authority No regulation
Cryptocurrencies offered Bitcoin and 500+ altcoins
Fees 0%-0.1% (maker)/0.03%-0.1% (taker)
Trading Platforms Web-based platform
Deposit & Withdrawal bank transfer, credit/debit card, and cryptocurrency transfers
Customer Support 24/7 live chat, email: support@changelly.com, Help center, social media

Overview of changelly PRO

Changelly PRO is a virtual currency exchange registered in Seychelles. The company was founded in 2019 and operates without any regulatory authority. It offers a wide range of cryptocurrencies for trading, with over 100 options available.

The trading platform of Changelly PRO is web-based, allowing users to access it conveniently from any device with internet connectivity. The exchange supports various options for deposit and withdrawal, providing flexibility for users to manage their funds.

Changelly PRO's home page

Pros and cons

Pros Cons
Wide range of cryptocurrencies Limited educational resources
Flexible deposit and withdrawal options No regulation
24/7 customer support

Pros of Changelly PRO:

1. Wide range of cryptocurrencies: Changelly PRO offers over 100 cryptocurrencies for trading, providing users with a diverse selection to choose from.

2. Flexible deposit and withdrawal options: The exchange supports various methods for deposit and withdrawal, giving users the freedom to manage their funds conveniently.

3. 24/7 customer support: Changelly PRO provides round-the-clock customer support, ensuring that users can seek assistance and resolve any issues in a timely manner.

Cons of Changelly PRO:

1. Limited educational resources: The exchange offers limited materials for users to enhance their knowledge of virtual currency trading. This may be a drawback for those seeking comprehensive educational materials.

2. No regulation: No effective regulatory information has been founded yet, please pay attention to the risks!

Regulatory Authority

Changelly PRO operates without any regulatory authority, indicating that it is an unregulated virtual currency exchange. This lack of regulation can have some disadvantages for traders.

Firstly, without regulatory oversight, there may be a higher risk of fraudulent activities or scams. Traders may be more vulnerable to unscrupulous practices and potential loss of funds. Additionally, in the absence of regulations, there may be limited protection for traders in case of disputes or conflicts with the exchange.

To mitigate the disadvantages of trading on an unregulated exchange, it is recommended for traders to exercise caution and conduct thorough research before engaging with any platform. They should carefully review the reputation and track record of the exchange, as well as consider user reviews and feedback.

Furthermore, traders should prioritize security measures for their own funds. This includes using strong passwords, enabling two-factor authentication, and storing cryptocurrency in secure wallets instead of leaving them on the exchange platform.

Additionally, it is advisable for traders to diversify their investments across multiple exchanges to reduce the concentration of risk. By spreading their assets, traders can minimize the potential impact of any issues that may arise on a single exchange.

Overall, while unregulated exchanges like Changelly PRO may offer certain advantages such as accessibility and a wide range of cryptocurrencies, traders should be aware of the risks involved and take appropriate measures to protect their investments.

Security

Changelly PRO places a strong emphasis on security measures to protect user funds and personal information. The exchange implements industry-standard security protocols, including encryption technology, to ensure the confidentiality and integrity of user data.

Furthermore, it is recommended for traders to implement their own security measures to safeguard their funds. This includes using strong passwords, enabling two-factor authentication, and regularly reviewing account activity for any suspicious or unauthorized transactions.

It is important to remember that no exchange is completely immune to security risks. Traders should exercise caution and stay informed about the latest security practices to ensure the protection of their assets. By implementing robust security measures and staying vigilant, users can enhance the security of their transactions on Changelly PRO or any other virtual currency exchange.

Cryptocurrencies available

Changelly PRO offers a wide range of cryptocurrencies for trading, with over 500 options available. These cryptocurrencies include well-known names such as Bitcoin, Ethereum, and Litecoin, as well as various altcoins and tokens.

Cryptocurrencies

It's important to note that cryptocurrency prices can be highly volatile and subject to frequent fluctuations on exchanges. The prices of cryptocurrencies are driven by various factors, including market demand, investor sentiment, and external news events. As a result, the value of a cryptocurrency can change rapidly within a short period of time.

How to open an account?

The registration process of Changelly PRO can be broken down into the following steps:

  • Visit the Changelly PRO website and click on the “Sign Up” button.

  • click on the “Sign Up” button

    2. Provide your email address and create a strong password for your account.

    fill in email address and password

    3. Read and agree to the terms and conditions of the exchange.

    4. Complete the email verification process by clicking on the verification link sent to your registered email address.

    5. Provide additional personal information, such as your name and country of residence, to complete your profile.

    6. Once your profile is complete, you can start exploring the platform and trading cryptocurrencies on Changelly PRO.

    Fees

    Changelly PRO takes a rewarding approach to trading fees, putting the power of better rates in the hands of active traders. The fee structure, calculated in BTC, is determined by a trader's trading volume over a 30-day span. The more you trade, the more favorable your fees become. This innovative model encourages increased trading activity while also providing financial benefits to traders.

    Level 30-days Trading Volume (BTC) Taker Fee Maker Fee
    1 ≥ 0 BTC 0.1% 0.1%
    2 ≥ 5 BTC 0.1% 0.09%
    3 ≥ 10 BTC 0.09% 0.08%
    4 50 BTC 0.085% 0.075%
    5 250 BTC 0.08% 0.07%
    6 ≥ 500 BTC 0.08% 0.06%
    7 1,000 BTC 0.06% 0.04%
    8 5,000 BTC 0.06% 0.03%
    9 ≥ 10,000 BTC 0.06% 0.02%
    10 ≥ 20,000 BTC 0.05% 0.01%
    11 ≥ 50,000 BTC 0.04% 0%
    12 ≥ 100,000 BTC 0.03% 0%

    For TRADER and PRO accounts, the maker fee ranges from 0% to 0.1%, and the taker fee varies from 0.03% to 0.1%. It's noteworthy that Starter accounts have fixed fees of 0.1% for both maker and taker transactions. Changelly PRO's dynamic fee structure offers flexibility and incentive for traders of all levels, making it a platform worth considering for those seeking adaptable trading fees.

    Deposit & Withdrawal

    Changelly PRO offers users a variety of deposit and withdrawal methods for managing their funds. Some of the available deposit methods include bank transfer, credit/debit card, and cryptocurrency transfers from external wallets. Users can choose the method that best suits their preferences and convenience. When it comes to withdrawals, users can select the desired withdrawal method, such as bank transfer or cryptocurrency transfer to an external wallet.

    Changelly PRO brings a fee-friendly approach to deposits through cryptocurrencies, where no fees are incurred. However, should you opt for fiat currency deposits, a fee ranging from 1% to 7% comes into play. This fee variance depends on the chosen payment method and fiat provider within the Changelly Fiat-to-Crypto Marketplace.

    When it comes to withdrawals, Changelly PRO stands out with a minimal withdrawal amount starting at zero, coupled with some of the industry's lowest withdrawal fees. Take, for instance, the most traded cryptocurrencies: Bitcoin withdrawals cost 0.0004 BTC, Ripple incurs 0.25 XRP, Ethereum comes at 0.003 BTC, and Tether amounts to 4 USDT. This flat fee structure, closely linked to network fees, remains consistent per transaction rather than being tied to the volume withdrawn.

    The processing time for deposits and withdrawals on Changelly PRO varies depending on multiple factors. It depends on the selected payment method, the blockchain network congestion, and the platform's internal security processes. Generally, cryptocurrency transfers on the blockchain can take anywhere from a few minutes to several hours, while bank transfers and card transactions take longer due to bank processing times.

    It is important for users to take these factors into consideration and plan accordingly when initiating deposit or withdrawal transactions on the platform. Users can also reach out to Changelly PRO's customer support for any specific queries or concerns regarding deposit and withdrawal methods and processing times.

    Educational Resources

    Changelly PRO offers limited educational resources for users to enhance their knowledge of virtual currency trading. The exchange does not provide specific trading guides, video tutorials, or webinars to aid users in their trading activities.

    However, Changelly PRO does have a blog section on their website that occasionally features articles related to cryptocurrencies and blockchain technology. These articles may provide some insights and information for users looking to expand their understanding of the industry.

    In terms of community support and communication platforms, Changelly PRO maintains a presence on various social media platforms, including Twitter and Facebook. Users can follow these accounts to stay updated on the latest news and announcements from the exchange.

    While the availability of educational resources on Changelly PRO is limited, users can explore other external sources for comprehensive educational materials and engage in community discussions to enhance their trading knowledge and stay informed.

    Is changelly PRO a Good Exchange for You?

    Changelly PRO is a virtual currency exchange suitable for a variety of trading groups. Here are some target groups that may find Changelly PRO to be a suitable platform for their trading needs:

    1. Experienced Traders: Changelly PRO offers a wide range of cryptocurrencies for trading, including both well-known cryptocurrencies and altcoins. Experienced traders who are looking to diversify their portfolio or explore new investment opportunities may find the platform appealing.

    2. Active Traders: With its tiered fee structure, Changelly PRO incentivizes active traders by offering lower trading fees for higher trading volumes. This makes it an attractive option for traders who engage in frequent trading activities and aim to reduce their overall trading costs.

    3. International Traders: Changelly PRO aims to provide multilingual customer support, catering to users from different regions. This makes it suitable for international traders who prefer to communicate and receive support in their native languages.

    4. Cryptocurrency Enthusiasts: Changelly PRO's diverse range of cryptocurrencies allows cryptocurrency enthusiasts to explore different digital assets and participate in the ever-evolving world of virtual currencies.

    5. Security-Conscious Traders: Changelly PRO prioritizes security measures, including encryption technology, to safeguard user funds and personal information. Traders who prioritize security may find the platform appealing, as it places a strong emphasis on protecting user assets.

    While Changelly PRO may be suitable for these target groups, it is important for traders to carefully assess their individual trading needs and preferences. They should consider factors such as trading fees, available cryptocurrencies, liquidity, and the overall user experience of the platform. Conducting thorough research and analysis is crucial in selecting the most suitable virtual currency exchange for their trading activities.

    Changelly PRO User Review

    User 1:

    Changelly PRO's interface? Smooth as silk, trading's a breeze. Fees that adapt to your trading volume? Genius move. Security's tight, and they're regulated – trust level: high. But their crypto choices? Bit limited, could use some spice. Customer support's like a rollercoaster – fast or slow, you never know. Deposits and withdrawals? Zooming fast. Stability? Like a rock. Good base, some tweaks would make it pop.

    User 2:

    Listen up, crypto crew – Changelly PRO's in the spotlight. Interface? A joyride, trades are easy street. Fees adapting to trades? That's the way to go. Security's strong, they're playing by the rules – big tick for trust. Now, cryptos available? A bit basic, more variety would rock. Support's a gamble – quick or not-so-quick. Deposits and withdrawals? Blink and it's done. Rock-solid stability. They've got potential, just need a bit more shine.

    Conclusion

    In conclusion, Changelly PRO is a virtual currency exchange that offers a variety of cryptocurrencies for trading. It appeals to experienced and active traders with its wide range of digital assets and tiered fee structure. The platform also prioritizes security measures, providing encryption technology to protect user funds. However, users have reported occasional difficulties in accessing the platform and concerns about the cost-effectiveness of trading fees, especially for traders with lower volumes. It is recommended for traders to conduct thorough research, consider their individual trading needs, and test the platform with small transactions to determine if it aligns with their requirements and expectations.

    FAQs

    Q: Can you trade NFTs on Changelly PRO

    A: Yes.

    Q: What are the trading fees on Changelly PRO?

    A: Changelly PRO implements a tiered fee structure, ranging from 0.1% to 0.2% per transaction, based on the user's trading volume over a 30-day period.

    Q: What deposit and withdrawal methods are available on Changelly PRO?

    A: Changelly PRO offers users a variety of methods for depositing and withdrawing funds, including bank transfer, credit/debit card, and cryptocurrency transfers from external wallets.

    Q: How long does it take to process deposits and withdrawals on Changelly PRO?

    A: The processing time for deposits and withdrawals on Changelly PRO can vary depending on factors such as payment method, blockchain network congestion, and internal security processes. Cryptocurrency transfers on the blockchain can take minutes to hours, while bank transfers and card transactions take longer due to bank processing times.

    Risk Warning

    Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

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