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Topic: Changelly Big fees! BECARE! Don't use as their fees are horrible and insane! (Read 668 times)

sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
No, better not use an instant exchange. Classic exchange are better: bittrex, coinbase or, but never used, binance. Ok, is not a scam, but 35% of taxes are so horrible and is not a fees question
Actually, if we examine in depth, it is very reasonable to apply because instant exchanges provide an easy way to exchange for a slightly higher fee, but classic exchanges also provide good services on several other things such as asset security and transaction fees. which is slightly lower, meaning the two exchange models are equally good.
hero member
Activity: 1372
Merit: 503
to make you understand the incorrectness of these people I tell you that I had made a review on Trustpilot and they reported it. At this point we must also understand the truthfulness of trustpilot since it moderated me. I strongly advise you not to use Changelly.
I never used changelly but this is a big platform. If the posted on OP is true then this is scary thing actually. I dont think this will be a big issue as this platform is backed by a lot of big names. Maybe this is a fud but some of my colleagues said that they are using this platform without any issue on fees.
member
Activity: 813
Merit: 65
Changed 30 dollars of dgb for 20 dollars of ethereum. Change exchange. To limit of the scam

No, it isnt because just on having that fee increase doesnt signify that they are scam.Changelly have been here on this market for a while now and they had prove out their service is legit and you cant
blame them if there are times where fees are horrendous because no one can control nor stop when the entire network do puts up into that situation.Its affecting everybody and pretty sure
if you do try out to make some conversion now then fees are already in normal range.Also you can opt in on using other instant exchange like coinswitch.
No, better not use an instant exchange. Classic exchange are better: bittrex, coinbase or, but never used, binance. Ok, is not a scam, but 35% of taxes are so horrible and is not a fees question
member
Activity: 1204
Merit: 38
to make you understand the incorrectness of these people I tell you that I had made a review on Trustpilot and they reported it. At this point we must also understand the truthfulness of trustpilot since it moderated me. I strongly advise you not to use Changelly.
People who want instant swap may go for shapeshift or changelly like services and they will be okay with high fees because they save lot of time in the instant swapping service.I used them before at that time they are KYC free but now made KYC as an important feature for swapping coins so I didn't used them for a while now.

That's true, people who wanted instant trade still okay with such high fees they wont be bothered as they needed to have
a quick exchange between fiat to crypto or vice versa.

trust me there are people who are willing to take  it they are not being bothered with that especially
if they don't have other options or they don't want to use another exchange.
Different exchanges having different kind of KYC verification, some needs out personal information along with one national identity but there are some others who needs selfies with something written on it which looks scary to me so I will go with easier ones and basic KYC so I can stay away from money launderers and also can keep doing my trading activities.
jr. member
Activity: 119
Merit: 6
Thanks for warning us, changelly is for a big amount not for a small amount like $30 no one will push through changing their $30 coin for a $10 fee it's unreasonable, I will look for a better exchange, and besides, there is a lot of scam report on Changelly I will have a second thought of using their service because of those reports.
legendary
Activity: 3094
Merit: 1127
Changed 30 dollars of dgb for 20 dollars of ethereum. Change exchange. To limit of the scam

No, it isnt because just on having that fee increase doesnt signify that they are scam.Changelly have been here on this market for a while now and they had prove out their service is legit and you cant
blame them if there are times where fees are horrendous because no one can control nor stop when the entire network do puts up into that situation.Its affecting everybody and pretty sure
if you do try out to make some conversion now then fees are already in normal range.Also you can opt in on using other instant exchange like coinswitch.
sr. member
Activity: 2436
Merit: 343
You have a choice and it's up to you if you still use their services or not. In fact, there are a lot of exchanges offering low fees.
But somehow at this time, fees are increasing due to the market demand and heavy network traffic pushing us to set into higher fees in order to get the high spot for fast confirmation. But of course, it's up to us again and we can't also expect that it arrives at its destination in a few minutes but mostly it takes an hour or more.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
to make you understand the incorrectness of these people I tell you that I had made a review on Trustpilot and they reported it. At this point we must also understand the truthfulness of trustpilot since it moderated me. I strongly advise you not to use Changelly.
People who want instant swap may go for shapeshift or changelly like services and they will be okay with high fees because they save lot of time in the instant swapping service.I used them before at that time they are KYC free but now made KYC as an important feature for swapping coins so I didn't used them for a while now.
unfortunately KYC is very important to do because the exchange will know that the funds are safe and not from theft from cryptocurrency or money laundering in a very large amount, so keep doing KYC for our good, there's nothing wrong with doing KYC because that's also for our security.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
to make you understand the incorrectness of these people I tell you that I had made a review on Trustpilot and they reported it. At this point we must also understand the truthfulness of trustpilot since it moderated me. I strongly advise you not to use Changelly.
People who want instant swap may go for shapeshift or changelly like services and they will be okay with high fees because they save lot of time in the instant swapping service.I used them before at that time they are KYC free but now made KYC as an important feature for swapping coins so I didn't used them for a while now.

That's true, people who wanted instant trade still okay with such high fees they wont be bothered as they needed to have
a quick exchange between fiat to crypto or vice versa.

trust me there are people who are willing to take  it they are not being bothered with that especially
if they don't have other options or they don't want to use another exchange.
member
Activity: 1204
Merit: 38
to make you understand the incorrectness of these people I tell you that I had made a review on Trustpilot and they reported it. At this point we must also understand the truthfulness of trustpilot since it moderated me. I strongly advise you not to use Changelly.
People who want instant swap may go for shapeshift or changelly like services and they will be okay with high fees because they save lot of time in the instant swapping service.I used them before at that time they are KYC free but now made KYC as an important feature for swapping coins so I didn't used them for a while now.
copper member
Activity: 479
Merit: 11
What do you mean by here?

I know Changelly before but not aware of their status but either way, if a certain service increases their fees, it's not a scam.

You can change it instead to, "Don't use their service as their fees are horrible and insane".

It's not right to call them scam because of their fee, it is when they did not complete your transaction or you did not receive your fee that you can call them a scam, and if you did not receive your coins this is not the right place section to create scam accusations here, You did not lose money here the title is not accurate.
member
Activity: 813
Merit: 65
to make you understand the incorrectness of these people I tell you that I had made a review on Trustpilot and they reported it. At this point we must also understand the truthfulness of trustpilot since it moderated me. I strongly advise you not to use Changelly.
member
Activity: 813
Merit: 65
Honestly exchanges do started to cost a lot, most exchanges didn't changed the structure when bitcoin price went up, so when it was 12k dollars I remember one place taking 10 dollars while other was taking 4 dollars (binance I think) that is not really the price I would like to pay for crypto withdrawal, that is too much.

Of course if I use other altcoins that are smaller I could totally get away with it, most of them do not have any cost at all, so if I want to move money around I just have to trade it to something else (costs less) and then withdraw there and then trade it back and cash it out, all of this is more work but in the end you end up paying soooo much less than what you would have paid with withdrawal completely. I really can't stress enough how much you should look into that.
yes. I ve always done that. But for try they fu..d me
member
Activity: 882
Merit: 17
WELL, I abandoned them long time ago. i discovered that their charges were too high and you might not get the exact proportion of the token you exchanged. they claimed it is due to high fees. meanwhile your token have been collected to exchange with small fees. i think they should be deducted charges from your deposit and send exacted what you are suppose to get.
hero member
Activity: 2534
Merit: 605
Honestly exchanges do started to cost a lot, most exchanges didn't changed the structure when bitcoin price went up, so when it was 12k dollars I remember one place taking 10 dollars while other was taking 4 dollars (binance I think) that is not really the price I would like to pay for crypto withdrawal, that is too much.

Of course if I use other altcoins that are smaller I could totally get away with it, most of them do not have any cost at all, so if I want to move money around I just have to trade it to something else (costs less) and then withdraw there and then trade it back and cash it out, all of this is more work but in the end you end up paying soooo much less than what you would have paid with withdrawal completely. I really can't stress enough how much you should look into that.
sr. member
Activity: 1162
Merit: 253

That is $10 for the trading fee and if you wanna withdraw less $10 again and you are left with $10 worth of ETH. sweet! 

There are still exchange today that impose such high fee not just Changelly, HitBTC particularly ask 0.0015 BTC for withdrawal. Not ideal for someone with just few coins to withdraw and even if you try withdrawing XRP or TRX, it will still cost $15 worth. 
if you make a withdrawal at that place using ethereum you will indeed be exposed to very expensive fees, for XRP and TRX are also still expensive, you can try to make a withdrawal with EOS, the shipping costs are still very cheap and the price tends to be stable will make you calm when transaction.
member
Activity: 813
Merit: 65
There are still exchange today that impose such high fee not just Changelly, HitBTC particularly ask 0.0015 BTC for withdrawal. Not ideal for someone with just few coins to withdraw and even if you try withdrawing XRP or TRX, it will still cost $15 worth.  

Yes, but HitBtc for withdraw some altcoins has very low fees.
legendary
Activity: 2282
Merit: 1041

That is $10 for the trading fee and if you wanna withdraw less $10 again and you are left with $10 worth of ETH. sweet! 

There are still exchange today that impose such high fee not just Changelly, HitBTC particularly ask 0.0015 BTC for withdrawal. Not ideal for someone with just few coins to withdraw and even if you try withdrawing XRP or TRX, it will still cost $15 worth. 
hero member
Activity: 1361
Merit: 506
Changelly is a centralized swap service, it is not an exchange in the true sense of the word, thats why they have higher fees. They provide user friendly option how to immediately buy / sell cryptocurrencies with a credit card, thats what you are paying for. Smiley
member
Activity: 813
Merit: 65
Wow that sounds extremely high. It might have been due to the high gas fees that was around. Buy It is better to use some way where you can control the transaction costs .
Yes, and for now I personally prefer to buy any coins using dollars, because I can control them well and make withdrawals via TRON tokens because the transaction fees are very cheap when compared to ETH and others.
where do you buy the coins using dollars? Is it possible using euro?
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