Changelly Review for Sports Betting
Cryptocurrency for Sports Betting
What is the Changelly?Changelly is a website that provides you with the ability to exchange cryptocurrency in a easy and convenient manner. Changelly makes it simple for you to send them one coin and they will send you one coin back. With Changelly, you don’t necessarily need to know market trading and don’t have to understand charts.
Changelly utilizes a automatic trading robot that works with some of the larger trading platforms that include Poloniex, Bittrex, Jaxx, Coinmarketcap, Coinpayments and Coinomi. Changelly allows you to trade your cryptocurrency without registering on a exchange or needing verification, therefore making it one of the more anonymous means of trading your cryptocurrency.
They offer the ability to trade over 80 altcoins and tokens instantly and without any issues. Their website is easy to navigate and easy to use. Changelly has been around since 2015 so their reputation is very limited.
Getting Started with Changelly
The first thing you will need to do when trading coins on Changelly is figure out which coins you want to change or trade. Once you figure out which coin you will exchange, such as Bitcoin, Ethereum, Litecoin and Dash, then you will need to verify the transaction fees. Keep in mind that not all fees are the same and this is something that you will want to verify before you enter into an agreement on the exchange.
Next you will want to enter your receiving address. This will be where you want the coin sent. After you verify and double check where you want the coin sent to, you will need to confirm and pay in your currency. This complete transaction can take 30 minutes so be patient. The transaction is not immediate.
Benefits of the Changelly
Changelly makes it simple to make exchanges without trading numerous coins to get to your final desired coin. In many situations, you would need to trade one coin to another coin to a different coin to finally get a coin that you want. With Changelly, it makes it possible to go from coin 1 to coin 4 without trading coin 2 and 3 in the process. There are less transactions, which naturally mean less fees.
If you read the Changelly website, you will find that they consider one of their biggest benefits being their static-rate fees. The of the trades on Changelly guarantee a 0.5% fee, which we feel is competitive and fair. With that being said, there are cheaper rates when you are working with market trading platforms directly. If you are trading all altcoins, the rate may end up being cheaper.
Another benefit that we would like to mention is the fact that their customer service get rave reviews from those who have had issues online. Most people are saying that they have gotten responses from Changelly customer service within a few hours and most problems are resolved within 24 hours. This is a great benefit taking into consideration that most cryptocurrency websites don’t have the best customer service.
Negatives of the Changelly
The biggest negative that I have witnessed on Changelly is the fact that the fee is higher when trading fiat. We suggest that you only trade altcoins on Changelly due to this higher fee. They claim that the fee is 0.5% fee but the fees really vary and can cost you up to 40% more depending on the market.
Overall Conclusions of the Changelly
When you take into consideration that Changelly can save you significant time and money by exchanging coins, and without needing to trade one coin to three different types of coins to get to the coin you actually want, makes this website a great benefit to its users. The website is overall very easy to use and you really don’t need to understand the market to efficiently exchange your coins and broaden your variety of coins you possess.CLICK HERE TO SIGN UP FOR CHANGELLY