Changelly : an awesome anonymous crypto to crypto exchange

in #changelly5 years ago (edited)

What is Changelly ?

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Source : here
When cryptocurrencies first came into the scene with the creation of Bitcoin, a lot of users we're excited about the prospect of transferring value between individuals anonymously.

Fast forward 10 years later and a lot of exchanges, points where cryptocurrencies are transacted ask for a lot of details before allowing you full access to their platform.

In this cocoon of ID verification, Changelly has stood tall as one of the best anonymous ways to convert one cryptocurrency into another, not yet bowing to pressure from regulators and the likes.

Changelly is an altcoin anonymous exchange, or as I like to call it, a crypto to crypto exchange. What that means is that it allows you to convert one cryptocurrency into another, with very little fees being charged.

The below video goes into some explanation

How to use Changelly

1: Select the coins you wish to convert/change, first the coin you have, second the coin you want (e.g., BTC to ETH, or DASH to EOS, etc.).

2: Make sure to verify the transaction fee.

3: Enter your address to receive your coins/tokens.

4: Confirm, recheck all details and pay.

5: Wait for at least 30 minutes for your coin to arrive, if it's arriving late, wait an extra 15mins before contacting support, it's advisable that you keep the page open throughout the transaction.

That's it! That's how to use Changelly.

Recommendations for improvement

While the exchange is indeed marvelous, it is not without faults, it's fiat to crypto aspect for example is quite expensive, if this could be cut down, then that would be most helpful!.

I actually used Changelly back in the days, around 2016/2017 and I do remember sending Steem to and from Changelly on at least 2 occasions, sad to see that they stopped Steem support, it would be quite awesome to see Steem support again.

To access Changelly fully, some useful links are given below

https://www.Changelly.com

Changelly affiliate

Changelly, how it works

Disclaimer

The information contained here shall not be used as a guide in your next crypto trade. The writer is not a financial advisor but a crypto trader just like you. Information presented in this blog is for educational use only.

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Well it is quite new to me though i seems to love it

Did they give any reason for stopping steem support? Well like you said, they might support steem again following the momentum that it’s gathering.

Posted using Partiko iOS

Probably low volatility...lol

I will give it a try.

Posted using Partiko Android

To listen to the audio version of this article click on the play image.

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