Changelly is an aggregator of non-custodial crypto exchanges that allows users to buy, sell, and trade cryptocurrencies instantly.
Users can purchase cryptocurrency on Changelly via international bank cards (Visa and Mastercard) or bank transfers. Apple Pay is also supported on the Changelly application.
Changelly supports over 40 fiat currencies which include USD, CAD, GBP, EUR, INR, etc.
The platform uses Simplex and Banxa payment integrations for fiat-to-crypto transactions. The fees charged by these integrations and Changelly are totally dependent on the resources and payment methods you choose.
The fee for fiat-to-crypto on Changelly is about 7.5%. This includes the Changelly fee (4%), the payment service provider fee (3.5%) and the network fee.
How to Use Changelly to Buy Crypto Instantly?
To use Changelly to buy cryptocurrencies instantly, you need to navigate to “Buy” on Changelly’s website.
Then, set the fiat currency and cryptocurrency pairs.
Select the convenient payment option and enter the wallet address to receive the cryptocurrency.
Finally, confirm the payment by entering the payment details.
Steps to Use Changelly to Buy Crypto Instantly
- Select Buy
- Set up the Fiat Currency & Crypto pair
- Select your payment option
- Enter your wallet address
- Confirm payment
1. Select Buy
Visit changelly’s website and bookmark it to avoid phishing attacks in the future.
If you wish, you can access Changelly via email, Facebook, Twitter or Gmail. Signing in gives you access to your transaction history, password management, and other account settings.
Otherwise, you can also continue without logging in.
Once you’re on the Changelly website, you’ll see more options, such as Exchange, Buy, Sell, and Defi Swap on the left side.
Click on “Buy“.
2. Set up the Fiat Currency & Crypto pair
Now, you need to set the fiat currency to the first line by clicking on the drop-down box. Then, enter the amount you want to spend.
Similarly, set the cryptocurrency you want to buy on the second line.
Click the Buy button
3. Select your payment option
After setting up the fiat and crypto token pairs, you will be taken to the next step.
In this step, you need to select the payment to your liking. Card payments, Apple Pay, and SEPA/Swift payment options will be available depending on the region.
4. Enter your wallet address
Now, scroll down a bit to reach the addresses section.
Here, you need to paste the address of the wallet where you need to receive the cryptocurrency.
If you don’t have a decentralized wallet yet, you can create a MetaMask, a popular Web 3.0 wallet.
Then, select the checkbox and click the Buy button.
5. Confirm payment
Below, the transaction will be processed on the website of the payment service provider.
There, you need to enter your card details or bank account details to complete the transaction.
Usually, you will get the cryptocurrency in your wallet in less than 5 minutes. If the blockchain network is congested, it may take up to 30 minutes.
conclusion
After payment, you can go to your wallet and check the cryptocurrency.
If you are new to digital currency and don’t want to go through the KYC process of centralized cryptocurrency exchanges, you can try Changelly to buy cryptocurrency.
Changelly makes cryptocurrency purchases easy and instant.
frequently asked questions
1. Does Changelly support PayPal?
No, Changelly does not support PayPal at the time of writing this article. But it could integrate PayPal in the future.