Cryptocurrency Q&A
Is changelly a non-custodial cryptocurrency exchange?
Is changelly a non-custodial cryptocurrency exchange?
Stefano
Fri Jul 12 2024
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5 answers
1122
I'm curious to understand if Changelly falls into the category of a non-custodial cryptocurrency exchange. Could you elaborate on this? Non-custodial exchanges are known for not holding users' private keys or funds, which provides a higher level of autonomy and security for traders. Does Changelly offer this kind of service, allowing users to maintain control of their digital assets throughout the exchange process? I'd appreciate your insights into this matter.
5 answers
Martina
Sun Jul 14 2024
Launched in 2015, Changelly stands as a pioneer in the realm of non-custodial cryptocurrency exchanges.
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DigitalDukedom
Sun Jul 14 2024
The essence of its operation lies in its non-custodial nature, which essentially means that users are not required to deposit their funds with the platform or go through the traditional account creation process.
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Sara
Sun Jul 14 2024
This approach ensures a heightened level of security and privacy for users, as they maintain complete control over their digital assets.
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mia_anderson_painter
Sat Jul 13 2024
Despite its non-custodial nature, Changelly provides the convenience of an instant cryptocurrency exchange platform. Users can swiftly and efficiently convert one cryptocurrency to another with minimal fuss.
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emma_carter_doctor
Sat Jul 13 2024
For those who wish to keep a record of their exchange history or require assistance from the support team, Changelly offers the option of creating an account. This process is remarkably simple, requiring only the provision of an email address.
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