What is Changelly? All You Need to Know

Changelly is a platform for cryptocurrency trading, founded in 2015, and headquartered in Hong Kong. The platform has an easy and intuitive interface, which makes it suitable for beginners.

One of the most appealing things about Changelly is that you don’t have to register or verify your identity to start trading. The only thing you need is your email address.

changelly how it works

But this isn’t the only thing that separates Changelly from the usual crypto exchanges. In fact, Changelly works more as a swap platform, rather than a crypto exchange.

How? You see, Changelly doesn’t hold your coins in an account you create on its platform. Instead, it sends funds to other exchanges, and then it deposits them straight to your chosen crypto wallet.

This means that you can shift between crypto coins without actually depositing them on the platform.

And to access the platform, you can choose between website, mobile app, or even a third party wallet.

Trading on Changelly

changelly currencies

The platform offers you a wide choice of cryptocurrencies for trading. To be precise, there are 150+ different cryptocurrencies, including:

  • Bitcoin
  • Ethereum
  • XRP
  • Cardano
  • BitTorrent

Here is the list of all supported cryptocurrencies.

You can even make up your own trading pairs, without having to make multiple transactions. The transactions usually take between 5-10 minutes.

The exchange has a trade fee in the amount of  0.5% , which is considered to be cheap. To buy coins, you can use another cryptocurrency, or a credit or debit card. However, keep in mind that if you use cards, the fees are going to be high.

Now, let’s check out how you can create an account and start trading on the platform.

How to start trading on Changelly?

Before using Changelly, you’ll have to set up a crypto wallet on another platform. Some of the wallets that are integrated with Changelly are TREZOR, Ledger, Coinomi, etc.

After your wallet is all set, it’s time to create an account. Here is the step-by-step guide:

  • First, navigate to the Changelly website and go to the top right corner of the page. There you’ll find a green sign up button. Click on it.
  • Enter your email address.
  • Within a few moments, you’ll receive a confirmation email from the Changelly.
  • To activate your account and finish the registration, click on the confirmation link in the email. Soon, you’ll receive another email with your login credentials.
  • Now, it’s time to log in. To do that, simply click the ‘Sign in’ button located on the top right of the home page, and enter the credentials you got from the Changelly team.
  • Next, click the ‘Continue to your exchange’ button.

That’s it, you’re ready to start trading. Easy, right?

Integration on Airdrop Alert

Our goal is to create a complete crypto experience on Airdrop Alert. Therefore we focus on integrating several tools to make your crypto journey easier. In our dashboard, we implemented an easy scan to find your Ethereum and Token balance, plus an exchange to trade your airdropped coins.

Today we’ve added Changelly to Airdrop Alert, so you can easily swap and trade your cryptocurrency and airdrops. You can find the tool on several pages, including the cointracker pages like Tron.

Sum-up

Changelly is making crypto trading easy and smooth for anyone who wants to start investing. The platform offers its users various tools such as API and a payment button or widget.

And, although it’s a new platform on the crypto market, Changelly already managed to partner with reputable companies like Binance, Bitrex, Coinpayments, and we recently integrated on our AirdropAlert platform.

Airdrop Alert
Airdrop Alert

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