changelly PRO

Overview of changelly PRO

Changelly PRO is a virtual currency exchange registered in Seychelles. The company was founded in 2019 and operates without any regulatory authority. It offers a wide range of cryptocurrencies for trading, with over 100 options available.

The trading platform of Changelly PRO is web-based, allowing users to access it conveniently from any device with internet connectivity. The exchange supports various options for deposit and withdrawal, providing flexibility for users to manage their funds.

Pros and cons

Regulatory Authority

Changelly PRO operates without any regulatory authority, indicating that it is an unregulated virtual currency exchange. This lack of regulation can have some disadvantages for traders.

Firstly, without regulatory oversight, there may be a higher risk of fraudulent activities or scams. Traders may be more vulnerable to unscrupulous practices and potential loss of funds. Additionally, in the absence of regulations, there may be limited protection for traders in case of disputes or conflicts with the exchange.

To mitigate the disadvantages of trading on an unregulated exchange, it is recommended for traders to exercise caution and conduct thorough research before engaging with any platform. They should carefully review the reputation and track record of the exchange, as well as consider user reviews and feedback.

Furthermore, traders should prioritize security measures for their own funds. This includes using strong passwords, enabling two-factor authentication, and storing cryptocurrency in secure wallets instead of leaving them on the exchange platform.

Additionally, it is advisable for traders to diversify their investments across multiple exchanges to reduce the concentration of risk. By spreading their assets, traders can minimize the potential impact of any issues that may arise on a single exchange.

Security

Changelly PRO places a strong emphasis on security measures to protect user funds and personal information. The exchange implements industry-standard security protocols, including encryption technology, to ensure the confidentiality and integrity of user data.

Furthermore, it is recommended for traders to implement their own security measures to safeguard their funds. This includes using strong passwords, enabling two-factor authentication, and regularly reviewing account activity for any suspicious or unauthorized transactions.

Cryptocurrencies available

Changelly PRO offers a wide range of cryptocurrencies for trading, with over 500 options available. These cryptocurrencies include well-known names such as Bitcoin, Ethereum, and Litecoin, as well as various altcoins and tokens.

It's important to note that cryptocurrency prices can be highly volatile and subject to frequent fluctuations on exchanges. The prices of cryptocurrencies are driven by various factors, including market demand, investor sentiment, and external news events. As a result, the value of a cryptocurrency can change rapidly within a short period of time.

How to open an account？

The registration process of Changelly PRO can be broken down into the following steps:

Visit the Changelly PRO website and click on the “Sign Up” button.

• Provide your email address and create a strong password for your account.



- Read and agree to the terms and conditions of the exchange.

- Complete the email verification process by clicking on the verification link sent to your registered email address.

- Provide additional personal information, such as your name and country of residence, to complete your profile.

- Once your profile is complete, you can start exploring the platform and trading cryptocurrencies on Changelly PRO.

Fees

Changelly PRO takes a rewarding approach to trading fees, putting the power of better rates in the hands of active traders. The fee structure, calculated in BTC, is determined by a trader's trading volume over a 30-day span. The more you trade, the more favorable your fees become. This innovative model encourages increased trading activity while also providing financial benefits to traders.

Level	30-days Trading Volume (BTC)	Taker Fee	Maker Fee
1	≥ 0 BTC	0.1%	0.1%
2	≥ 5 BTC	0.1%	0.09%
3	≥ 10 BTC	0.09%	0.08%
4	≥ 50 BTC	0.085%	0.075%
5	≥ 250 BTC	0.08%	0.07%
6	≥ 500 BTC	0.08%	0.06%
7	≥ 1,000 BTC	0.06%	0.04%
8	≥ 5,000 BTC	0.06%	0.03%
9	≥ 10,000 BTC	0.06%	0.02%
10	≥ 20,000 BTC	0.05%	0.01%
11	≥ 50,000 BTC	0.04%	0%
12	≥ 100,000 BTC	0.03%	0%

For TRADER and PRO accounts, the maker fee ranges from 0% to 0.1%, and the taker fee varies from 0.03% to 0.1%. It's noteworthy that Starter accounts have fixed fees of 0.1% for both maker and taker transactions. Changelly PRO's dynamic fee structure offers flexibility and incentive for traders of all levels, making it a platform worth considering for those seeking adaptable trading fees.

Deposit & Withdrawal

Changelly PRO offers users a variety of deposit and withdrawal methods for managing their funds. Some of the available deposit methods include bank transfer, credit/debit card, and cryptocurrency transfers from external wallets. Users can choose the method that best suits their preferences and convenience. When it comes to withdrawals, users can select the desired withdrawal method, such as bank transfer or cryptocurrency transfer to an external wallet.

Changelly PRO brings a fee-friendly approach to deposits through cryptocurrencies, where no fees are incurred. However, should you opt for fiat currency deposits, a fee ranging from 1% to 7% comes into play. This fee variance depends on the chosen payment method and fiat provider within the Changelly Fiat-to-Crypto Marketplace.

When it comes to withdrawals, Changelly PRO stands out with a minimal withdrawal amount starting at zero, coupled with some of the industry's lowest withdrawal fees. Take, for instance, the most traded cryptocurrencies: Bitcoin withdrawals cost 0.0004 BTC, Ripple incurs 0.25 XRP, Ethereum comes at 0.003 BTC, and Tether amounts to 4 USDT. This flat fee structure, closely linked to network fees, remains consistent per transaction rather than being tied to the volume withdrawn.

The processing time for deposits and withdrawals on Changelly PRO varies depending on multiple factors. It depends on the selected payment method, the blockchain network congestion, and the platform's internal security processes. Generally, cryptocurrency transfers on the blockchain can take anywhere from a few minutes to several hours, while bank transfers and card transactions take longer due to bank processing times.