ChangeHero is a cryptocurrency exchange platform founded in 2017 and based in China Hong Kong. Operating without specific regulatory oversight, it offers a straightforward approach to digital asset trading. The platform supports a wide array of over 150 cryptocurrencies and charges competitive fees of 0.5% for Best Rate exchanges. Users benefit from a non-custodial service model, ensuring enhanced security by transferring funds directly to user wallets post-transaction. ChangeHero emphasizes user convenience with no registration required, 24/7 customer support via email, and quick transaction processing, making it accessible for both beginners and experienced traders alike.
Aspect | Details |
Company Name | ChangeHero |
Registered Country/Area | China Hong Kong |
Founded Year | 2017 |
Regulation | Not regulated |
Cryptocurrencies Available | Supports over 150 cryptocurrencies |
Trading Fees | 0.5% for Best Rate exchanges, 0.7% for Fixed Rate exchanges |
Payment Method | Credit card, debit card |
Customer Support | support@changehero.io |
ChangeHero is a
cryptocurrency
exchange platform founded in 2017 and based in China Hong Kong. Operating without specific regulatory oversight, it offers a straightforward approach to digital asset trading.The platform supports a wide array of over 150 cryptocurrencies and charges competitive fees of 0.5% for Best Rate exchanges. Users benefit from a non-custodial service model, ensuring enhanced security by transferring funds directly to user wallets post-transaction.
ChangeHero emphasizes user convenience with no registration required, 24/7 customer support via email, and quick transaction processing, making it accessible for both beginners and experienced traders alike.
Pros | Cons |
Low fees: 0.5% for Best Rate exchanges. | Not regulated |
Supports over 100 cryptocurrencies | No mobile platform available |
No registration required | Lack advanced trading tools |
Non-custodial service for enhanced security | |
24/7 Customer Suupport | |
Fast transactions |
Pros:
Cons:
ChangeHero operates without regulatory oversight, posing inherent risks.
The absence of regulation means there's no external framework ensuring compliance or investor protection. Engaging with such exchanges entails greater personal responsibility and risk management.
ChangeHero ensures security through a non-custodial service model, where it never holds user funds. After completing exchanges, cryptocurrencies are immediately transferred to the user's designated wallet. This approach minimizes risks associated with custodial services and enhances transaction security for users.
ChangeHero offers over 150 cryptocurrencies for trading, including popular options like Bitcoin (BTC), Ethereum (ETH), XRP, and Monero (XMR).
Bitcoin and Ethereum, as top contenders in market capitalization, provide liquidity and stability, while XRP offers utility within the Ripple network. Monero, known for its privacy features, appeals to users seeking enhanced transaction anonymity.
ChangeHero applies competitive trading fees structured as follows: 0.5% for Best Rate transactions, ensuring users get the most favorable market rate, and 0.7% for Fixed Rate exchanges, where the rate is locked in at the time of transaction.
These fees are transparently displayed before confirming any exchange, providing clarity on costs involved.
ChangeHero facilitates cryptocurrency purchases primarily through Visa and MasterCard, facilitated by their partner FinchPay.
However, ChangeHero does not currently support payments through PayPal, directing users towards debit and credit card options provided through FinchPay for their cryptocurrency transactions.
The platform enforces a minimum deposit requirement of €50 per transaction. For each transaction, users can buy up to a maximum of €10,000 worth of cryptocurrencies, ensuring flexibility within these specified limits.
Here's a step-by-step guide on how to buy cryptocurrencies on ChangeHero:
ChangeHero provides standard educational resources for traders:
Educational Resources for Beginners: The platform offers resources to help beginners understand cryptocurrencies, including informative articles and guides.
FAQ Section: ChangeHero provides a FAQ section to address common questions about their services, transactions, and security.
ChangeHero is the best exchange for users prioritizing simplicity and security. With its non-custodial service, low fees, and no-registration policy, it appeals to beginners and privacy-conscious traders. This makes it an ideal exchange for those seeking straightforward cryptocurrency transactions without extensive account setup or security issues.
ChangeHero appeals to several target groups:
ChangeHero offers customer support through dedicated email addresses for transaction issues at support@changehero.io, business development inquiries at partners@changehero.io, and press/marketing queries at marketing@changehero.io.
What cryptocurrencies does ChangeHero support?
ChangeHero supports over 100 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).
What are the trading fees on ChangeHero?
ChangeHero charges a fee of 0.5% for Best Rate exchanges, ensuring competitive rates for users.
Is ChangeHero regulated?
No, ChangeHero operates without specific regulatory oversight, allowing for flexibility but also implying potential risks.
How secure are transactions on ChangeHero?
ChangeHero employs a non-custodial service model, ensuring that funds are sent directly to the user's wallet after the exchange, enhancing security.
Does ChangeHero require registration to use its services?
No, ChangeHero does not require users to register accounts, offering convenience and privacy for transactions.
How can users contact ChangeHero's customer support?
Users can reach ChangeHero's customer support team 24/7 via email at support@changehero.io for assistance with any issues or inquiries.
Cryptocurrency exchange
investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments.Cryptocurrency exchanges
are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00