Changelly PRO Cryptocurrency Exchange Review : Pros & Cons

About Changelly PRO

Launched on 06/07/2020, Changelly PRO, pro.changelly.com, is a centralized exchange located at 306 Victoria House, Victoria Mahe, Seychelles. It is a professional version of the instant swap platform Changelly. Changelly PRO aims to serve the fast-growing Changelly community that has been requesting professional trading features as well as foster the onboarding of beginners to advanced trading. The PRO version has spot and margin trading as well as fiat on-ramp solution.

Information Table

How To Register At Changelly PRO Exchange?

To register on Changelly PRO, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.

You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.

Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.

How To Verify Your Changelly PRO Cryptocurrency Account ?

There is no mandatory verification at Changelly PRO, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of Free. In the future, depending on the actions of regulatory authorities, conditions may change.

For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Changelly PRO, Revolut platforms.

How To Buy Crypto Or Deposit Crypto At Changelly PRO Crypto Exchange?

There are two main options for topping up your balance on Kraken. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.

Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.

After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.

Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.

Second Method

You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:

• Go to the “Deposit” section from the “Assets” menu.

• From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
• The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
• You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.

How To Withdraw Crypto Asset From Changelly PRO Exchange?

Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.

Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.

How To Secure Your Changelly PRO Account ?

Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticator app – this is the most reliable way to prevent unauthorized access to your account.

Changelly PRO Fee Structure

Changelly PRO charges two types of fees: trading fees when you make trades and withdrawal fees when you want to take out your profits from an exchange. In addition to that, since they introduced the Margin Trading Service to amplify your traders’ profits, they apply margin fees. At Changelly PRO they designed a fee structure that thrives to become the most competitive and transparent in the industry.

Trading fees

At Changelly PRO, the more you trade, the better fees you exploit. Trading fees are determined in BTC based on trading volume over a 30-day period. You can find the full trading fee schedule here, as well as your personal fee level. Note: the fee schedule is applied only to TRADER and PRO accounts. The fees for Starter accounts are fixed at 0.1% Maker Fee and 0.1% Taker Fee.

Withdrawal fees

At Changelly PRO, we offer a minimum withdrawal amount starting from 0 and one of the most competitive withdrawal fees in the industry. The fee they apply is flat as it is majorly influenced by the network fee, and it is charged per transaction and not per volume withdrawn. You can find the complete list of currencies and corresponding withdrawal fees here (to check a particular fee, press the “withdraw” button for a corresponding currency. The fee would be indicated right below the “amount” field).

Margin fees

Changelly PRO offers the Margin Trading Service, a powerful tool that helps traders diversify their portfolios and lock in higher revenues. Additional fees are applied when accessing the platform’s resources, depending on various factors, as you may see here. To use the Margin Trading Service, we require traders to successfully pass the first level of KYC verification and set up 2FA authentication. These steps significantly contribute to the security of the trader’s account. 

Features Of Changelly PRO Crypto Exchange

Available At Android & IOS Store

Changelly PRO Cryptocurrency Exchange exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading.

Advanced Trading

Changelly PRO offers advanced trading features such as limit and market orders, charting tools, and a wide range of trading pairs.

Security and Compliance

The platform provides users with a high level of security and compliance, including 2FA, cold storage, and regulatory compliance.

Competitive Fees

Changelly PRO has competitive trading fees, which are based on a user’s trading volume and can be reduced by using the platform’s native token, CGG.

User-Friendly Interface

Changelly PRO has a user-friendly interface that is easy to navigate, making it accessible to both beginner and advanced traders.

24/7 Customer Support

The platform provides users with 24/7 customer support via email and live chat, ensuring that users can get help when they need it.

High Liquidity

Changelly PRO has high liquidity, which means that users can quickly and easily buy or sell cryptocurrencies without experiencing significant price fluctuations.

24/7 Live Chat

If you’re awake, they are too. When you need help, your team of experts will work with you via 24/7 live chat to reach a quick and efficient resolution.

Changelly PRO Conclusion

Changelly PRO is a cryptocurrency exchange platform that offers advanced trading features, including limit and market orders, charting tools, and a wide range of trading pairs. The platform also provides users with a high level of security and compliance, including 2FA, cold storage, and regulatory compliance.

Overall, Changelly PRO is a reputable exchange that caters to both beginner and advanced traders. However, as with any exchange, users should be aware of the risks involved in trading cryptocurrency and should take appropriate measures to secure their accounts and assets.