AVOID! Do not trust changelly!

in cryptocurrency •  8 years ago 

Avoid Changelly!

With Poloniex being so inconsistent nowadays and no longer accepting steem dollars, many users are looking elsewhere for a place to convert their steem dollars, but be careful where you go! Not all websites are trustworthy, and one such example is Changelly.

Changelly is run by MinerGate, and if you follow me you already know the concerns I have with them (read my post on MinerGate here). In short this is a company with suspicious affiliations and suspicious "missing" hash power. I for one am not going to trust my crypto to those guys. While I have no evidence that Changelly is not delivering as advertised, I am not willing to take that risk, and I hope you guys don't either.

If you are looking for a safer, more trustworthy alternative to Poloniex please read my quick run down of great alternatives here!

Happy Trading!

Viking

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Nice post

Oh no....can I not use poloniex anymore to exchange from Steemit? Only used them last week!

Unfortunately not, friend. Try Bittrex or HitBCT.

Thank you for the heads up!

Could you please show more evidence? I use it more often because I don't trust on centralized exchange

Read my MinerGate post. Changelly is the same people.

Thanks I will take a look. Upvoted for helpful information

I've used Changelly a few times and have had no bad experiences with them, but I've heard from others that they can be slow sometimes and even lose currencies.

Use them at your own risk, but they aren't a complete scam.

Thank u so much for the warning and information about the alternatives. Its very helpful.
Upvoted!
Following u, would love to be followed back :)

Thank you very much for the useful information, will keep this in mind and resteem.