Changelly and ChangeNOW are two cryptocurrency exchanges that both offer a variety of cryptocurrencies, but they differ in their privacy policies. Which one is better for your needs?
The changenow vs changelly is a question that often comes up when people are looking for a cryptocurrency trading platform. Changelly and ChangeNOW both offer similar services, but the latter has been accused of being more private.
It was developed by a group of experts in Hong Kong in 2015. Eric Benz, Changelly’s CEO, has over ten years of experience in and around commercial technology. Eric has been involved in the blockchain industry since 2012 and is involved in many blockchain and Fintech businesses as an investor, manager of the leadership committee, and inventor.
Changelly is one of the most active exchangers in terms of the length of open exchange rates for various selling combinations on the exchange.
With approximately 3000 transactions being completed everyday, the Changelly cryptocurrency is getting a lot of traction. As far as we can tell, there are more than 2 million registered users from all over the globe.
There are no unknown or severe charges required for this set. For crypto trades, there is just a 0.25 percent fixed charge (quick exchange of one cryptocurrency for another).
Under addition, the network charge, which is supplied in the bitcoin system, is eliminated. Some customers prefer a smaller review price, but the service’s convenience is well worth the money.
Is it safe to use Changelly?
Changelly does not save any user data on its servers, and it does not retain any customer money since it is a non-custodian platform. As a result, Changelly serves as a middleman between crypto exchanges and users, ensuring that criminals have no means of accessing users’ money in the case of a hacking attack.
When you connect into your account, the service also uses a two-factor authentication method for security reasons. As a result, while accessing the personal account and transferring money, the user will be required to input the code. This system may be installed or turned off at any moment by the user.
ChangeNOW is a non-custodial crypto to crypto and fiat to crypto exchange where you may buy over 200 species quickly, easily, and without any certification or restrictions.
ChangeNOW, which is based in the unique Seychelles, is a very powerful and secure platform since it just acts as a short agent, meaning it doesn’t store your supplies and doesn’t need you to establish an account to utilize its services.
Feature of Note
ChangeNOW is an unique and simple-to-use flash transfer technique that enables you to send money in a variety of methods, as well as get fast and friendly support and access to a crypto exchange aggregator. The following are some of its major features:
- ChangeNOW enables you to buy and sell cryptocurrencies quickly and easily without having to create an account or go through any unnecessary Know Your Customer (KYC) procedures (unless you are doing something highly suspicious).
- Non-custodial exchange: ChangeNOW is a non-custodial instant transfer service that requires you to store your coins in a container, which is great for reducing security risks.
- There are over 200 cryptocurrencies and 13,000 trade pairs to choose from: You can buy Bitcoin, Litecoin, Ethereum, XRP, USDT, Monero, Tezos, BNB, and EOS, as well as a variety of other top cryptocurrencies. Almost every outfit combination is possible on ChangeNOW, which may help you avoid multiple swaps – a common issue with maintenance updates.
- There are no limitations on exchange: The exchange limitations are modest, according to ChangeNOW, which is 100% correct. As a result, you may switch as much as you want.
- Convenient mobile apps: The ChangeNOW apps for Android and iOS are still more helpful than the exchange’s online account in terms of completing instant money transfers while on the move.
- The ability to buy bitcoin with a bank card: If you want to buy cryptocurrency with your bank card, ChangeNOW is a fantastic choice.
Whether you’re a seasoned bitcoin pro or a cautious newcomer, ChangeNOW offers something for everyone.
The changelly reddit review is a comparison between the two services. It includes information on fees, ease of use, and privacy.
Frequently Asked Questions
How legit is Changelly?
Changelly is a legitimate exchange, and has been around since 2014. They have good reviews on trustpilot.com
Is Changelly regulated?
Changelly is a cryptocurrency exchange that is fully regulated.
Can US citizens use Changelly?
Yes, Changelly is a service that allows US citizens to exchange cryptocurrencies.
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