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:

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.

Educational Resources

Changelly PRO offers limited educational resources for users to enhance their knowledge of virtual currency trading. The exchange does not provide specific trading guides, video tutorials, or webinars to aid users in their trading activities.

However, Changelly PRO does have a blog section on their website that occasionally features articles related to cryptocurrencies and blockchain technology. These articles may provide some insights and information for users looking to expand their understanding of the industry.

In terms of community support and communication platforms, Changelly PRO maintains a presence on various social media platforms, including Twitter and Facebook. Users can follow these accounts to stay updated on the latest news and announcements from the exchange.

Is changelly PRO a Good Exchange for You？

Changelly PRO is a virtual currency exchange suitable for a variety of trading groups. Here are some target groups that may find Changelly PRO to be a suitable platform for their trading needs:

1. Experienced Traders: Changelly PRO offers a wide range of cryptocurrencies for trading, including both well-known cryptocurrencies and altcoins. Experienced traders who are looking to diversify their portfolio or explore new investment opportunities may find the platform appealing.

2. Active Traders: With its tiered fee structure, Changelly PRO incentivizes active traders by offering lower trading fees for higher trading volumes. This makes it an attractive option for traders who engage in frequent trading activities and aim to reduce their overall trading costs.

3. International Traders: Changelly PRO aims to provide multilingual customer support, catering to users from different regions. This makes it suitable for international traders who prefer to communicate and receive support in their native languages.

4. Cryptocurrency Enthusiasts: Changelly PRO's diverse range of cryptocurrencies allows cryptocurrency enthusiasts to explore different digital assets and participate in the ever-evolving world of virtual currencies.

5. Security-Conscious Traders: Changelly PRO prioritizes security measures, including encryption technology, to safeguard user funds and personal information. Traders who prioritize security may find the platform appealing, as it places a strong emphasis on protecting user assets.

FAQs

Q: Can you trade NFTs on Changelly PRO？

A: Yes.

Q: What are the trading fees on Changelly PRO？

A: Changelly PRO implements a tiered fee structure, ranging from 0.1% to 0.2% per transaction, based on the user's trading volume over a 30-day period.

Q: What deposit and withdrawal methods are available on Changelly PRO？

A: Changelly PRO offers users a variety of methods for depositing and withdrawing funds, including bank transfer, credit/debit card, and cryptocurrency transfers from external wallets.

Q: How long does it take to process deposits and withdrawals on Changelly PRO？

A: The processing time for deposits and withdrawals on Changelly PRO can vary depending on factors such as payment method, blockchain network congestion, and internal security processes. Cryptocurrency transfers on the blockchain can take minutes to hours, while bank transfers and card transactions take longer due to bank processing times.