Founded in 2020 and located in Malta, Changelly PRO is a full-fledged exchange of the renowned crypto trading platform, Changelly. A wide range of trading pairs and cryptocurrencies in different markets has made the platform popular in recent years.
Similar to other platforms, the Changelly PRO cryptocurrency exchange allows Android or iOS users to download a smartphone app after completing the signup process. Supporting countries from everywhere around the world, Changelly PRO requires users to go through the KYC process to pay lower fees and increase their withdrawal limits to 50 BTC/day or 500 BTC/month.
Markets
The Changelly PRO cryptocurrency exchange allows users to exchange both fiat money and cryptocurrency. It makes the site a potential starting point for people who do not currently hold any cryptocurrency. For individuals who want to deposit money, Changelly PRO accepts a variety of payment options. Also, at the time of writing this article, the platform supports 62 cryptocurrencies in 131 Changelly PRO trading pairs.
In addition to conventional trading capabilities, such as Changelly PRO spot, the platform offers margin and leveraged trading. This sort of trading allows merchants to maximize their profit by taking advantage of the extra money offered by the exchange.
While Changelly PRO offers a 10x leverage rate, it's critical to understand that margin trading carries higher risks. These kinds of trading are better suited to more professional traders. Only authenticated accounts with configured 2-factor authentication are permitted to trade on Changelly PRO. Changelly PRO does not impose fees for cryptocurrency deposits.
Depositing fiat costs between 1% and 7%, based on the payment method used and other parameters. With a maximum of 0.1%, Changelly PRO's crypto price is significantly lower than the industry average.
Furthermore, based on the 30-day personal Changelly PRO trading volume, both takers and makers may benefit from lower costs (makers can get a better discount). For deals worth 150,000 BTC, the Changelly PRO exchange fees are 0.04% for takers and 0.02% for makers.
As for other Changelly PRO crypto fees, the platform charges 0.0004 BTC for withdrawing Bitcoin, 0.25 XRP for XRP, 0.003 for ETh, and 4 USDT for withdrawing Tether. Thus, different assets have different withdrawal fees. Besides, another appealing feature is the absence of a minimum withdrawal limit, which allows traders to easily withdraw any amount.
Other Services
Apart from these basic types of services, the Changelly PRO crypto exchange offers features such as Good Till-Cancelled, Day orders, Good-Till-Date/Time, and Fill-Or-Kill orders. For Good Till-Cancelled orders, the order remains active until the user fills or cancels it. As the name implies, users must fill Day orders on the same day of posting. Good-Till-Date/Time orders are a combination of the two because the users can set the expiration date, unlike the Fill-Or-Kill option, where users have to completely and instantly fill the order. Such a wide range of order types is essential for traders to keep control over their traded capital.
Furthermore, the exchange helps traders earn a passive income simply by inviting people to trade on the platform. The referral program allows users to earn crypto every time someone makes a deal on Changelly PRO through their invite link. Every member who joins using the referral link becomes a referee, giving users around 40% of their fees for the next few months, while referees earn 20% fee discounts for three months.
About the Company
The founding team of Changelly launched the PRO version in 2020 and put Eric Benz in charge of Changelly PRO, supporting more than 2 million monthly visitors. By employing reputable experts in tech, fintech, and blockchain in the management team, Eric Benz has turned the Changelly PRO crypto exchange into another one of his successful businesses since he started working in the blockchain space in 2012.