Changelly: a guide on how it works
Tool & app

Changelly: a guide on how it works

By Alfredo de Candia - 24 Nov 2019

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Changelly is a platform that allows the purchase of crypto using a credit card and also allows converting between cryptocurrencies. But how does it work?

The first thing to do is to access the Changelly.com website and log in.

As can be seen in the previous image, it will be enough – in case of wanting to convert one cryptocurrency for another – to enter the amount to be exchanged and select the desired cryptocurrency in the drop-down menu.

Then it will be sufficient to insert the address where the funds will be sent and confirm the operation.

Once the transaction is confirmed and it is validated on the blockchain, Changelly will convert the funds and send them to the selected address.

If the user wants to buy a new crypto, for example BTC, then they should select EUR or USD as the fiat currency and bitcoin as the currency to buy.

Next, it will be necessary to press the “Exchange Now” button and the user will be redirected to a new page called “Buy crypto with bank card”.

Here it is time to insert the amount to be invested and the address on which to receive the crypto to be purchased.

It is possible to buy from a minimum of 50 dollars to a maximum of 20 thousand.

Changelly is actually a service offered by Simplex and, in the next step, it is essential to enter the credit card details and proceed with the KYC (Know Your Customer) procedure.

It is possible to use Changelly not only from the desktop but also from the app that is available for both Android and iOS.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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