Changelly Overview review

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Background Information About Changelly

 

Changelly is one of the best instant cryptocurrency exchange and cryptocurrency swap platforms for Singapore residents. It acts as an intermediary between crypto exchanges and users for a seamless exchange. A popular instant cryptocurrency exchange and conversion platform, Changelly has over 2 million active customers. Changelly offers its customers a one-stop-shop experience for purchasing, selling, swapping, and trading cryptocurrencies. It is also available as a widget through its API for any crypto service to third-party applications and websites.

 

Changelly was founded in 2015 by Konstantin Gladych, an expert in data science, blockchain, and crypto. Currently, Eric Benz is the CEO at Changelly, who is mainly focusing on product innovation to enable a seamless crypto exchange process for all.

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Features of Changelly

 

Changelly is popular in Singapore for its features and ease of use. The platform comes with some features that include:

 

  1. Changelly Earn: With this feature, you can access a wide range of tools to enable new functionalities for your business and promote monetization. Changelly shares up to 60% of revenue from crypto-to-crypto and fiat-to-crypto transactions.

 

  1. Changelly Pro: It allows you to have access to a full-featured exchange platform to upgrade your trading experience and expanding trading level. This feature comes with a multi-currency wallet for storing coins, more than 50 markets with competitive trading fees, an intuitive trading terminal, and much more.

 

Changelly also offers a mobile app to exchange or buy/sell cryptocurrency. The app is available on the Apple iOS store and Google Play store. The app offers the most competitive market rates and comes with a wide range of features including, 160+ cryptocurrencies, high limits, among others.

 

How to create an account at Changelly?

 

Creating an account at Changelly from Singapore is a very easy process. Here’s how to do that:

 

  1. To set up a new account, visit the official website of Changelly and click on the “Sign Up” button.
  2. Once you click on the “Sign Up” button, you’ll be redirected to the sign-up page, where you have to fill in details like email address and create a password.
  3. Next, you have to read the terms of use of the company and then click on the “Register” button.
  4. You have to now enter additional details like country of residence, full name, and mobile number, and then click on the “Finish Registration” button.
  5. You will receive an activation email from Changelly to the registered email address. You need to open the email and click the “Confirm Email” button.

 

On successful activation of the email, you will be redirected to the Changelly PRO trading terminal. This means that your email address is verified, and you are ready to use your account.

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Changelly Overview

How to create a sub-account at Changelly from Singapore?

 

Changelly also offers you to create a sub-account under the originally created Changelly PRO account.

 

  1. To create a sub-account at Changelly, you need to first successfully pass the KYC verification. On successful verification of your Changelly PRO account, the “Sub-account” option will become available to you.
  2. Now, to create a sub-account, click on the “Create sub-account” button available in the upper right corner of the “Sub-accounts” tab.
  3. Next, you need to enter the email address you want your new sub-account to be associated with, and then create and confirm your password. It is important to note that you can’t use the same email address already registered with Changelly PRO for this process.
  4. You can now see the “Invited” status in your “Sub-accounts” tab on Changelly PRO.
  5. At last, you will receive an activation email from Changelly containing a secured link. You need to open the link and follow the next step of instructions to create your new sub-account.

 

After successful confirmation, your new sub-account will show the “Active” status. Kindly note that the originally created account on Changelly RPO will now become your master account.  

Free quently asked questions

1Is Changelly trustworthy?

Changelly provides safe and quick transactions without disclosing the identity of its users. It is one of the most prominent crypto exchanges that has gained the trust of over 2 million users all around the world. Each user account on Changelly is protected with two-factor authentication (2FA) and an HTTPS protocol.

2Which currencies does Changelly accept for crypto-to-fiat transactions?

Currently, crypto withdrawals at Changelly are available from BTC into EURO.

3How much time does Changelly take to process my transactions?

Changelly takes about 5-30 minutes to process transactions. However, for large transactions (worth over 1BTC), the processing times may get longer depending on the transaction size and blockchain capacity.