Is changelly a good cryptocurrency exchange?

Changelly is a great way to exchange cryptocurrencies. It is easy to use and has a wide variety of coins available. If you are looking to convert one coin to another without signing up for an exchange, Changelly is the best solution for you. Is Changelly a good crypto exchange? What are the fees on Changelly? Does Changelly need KYC?

What is the history of changelly?

The Changelly history starts with its founding in 2015 by Konstantin Gladych. For three years Konstantin served as Changelly's CEO. Then, in 2018, he stepped down and was replaced by Ilya Bere. Originally Changelly was headquartered in Prague in the Czech Republic.

Is changelly a scam?

It has never been involved in any major breaches and there hasn’t been a real Changelly scam. The group behind it has been active in the crypto world almost since the beginning and has an excellent reputation. It’s safe to say that this is 100% legit. From its first day of operations, Changelly has set itself apart from other exchanges.

How does changelly work?

Changelly acts as a middleman between cryptocurrency traders and large exchanges, I.e. Binance, Coinbase Pro, Kraken, etc. Here's how it works: a user visits Changelly and selects the trade that they're interested in. For instance, trade two Ethereum for a corresponding amount of Bitcoin.