Instant Exchange: Shapeshift or Changelly?

in shapeshift •  7 years ago 

Both Changelly and Shapeshift are fairly popular platforms to trade cryptocurrencies instantly. Let’s try to see what they have in common and what makes them different.

Changelly

Changelly counts over a million customers. Coinmarketcap includes it as a go-to-link to start trading a currency; it was created by the same people who brought you MinerGate. It’s probably the quickest and easiest way to buy altcoins; it allows crypto-to-crypto as well as fiat exchanges in Euro or Dollars through Visa or MasterCard Credit and Debit Cards. It has no geographical limits, one of the widest range of altcoins, as well as very few limits on funding amounts.

Shapeshift

Shapeshift does not allow fiat currencies to be traded; it only provides a crypto-to-crypto type of exchange. Furthermore, the user interface is very easy to navigate. Thus, you’ll just have to insert the crypto addresses to swap, without providing an email; unless you want to set up an account. Transactions occur instantly and are never passed through a centralized exchange.

The platform is available worldwide; however, there are limits to certain operations. According to reviews, Shapeshift seem to be considerably faster than Changelly, although the current booming market situation might reflect on slower transactions.

Read more about Changelly vs Shapeshift:
https://www.tokens24.com/cryptopedia/trading/instant-exchange-shapeshift-or-changelly

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