Compare Altcoin Trader vs Changelly
In the world of cryptocurrency, trading platforms and exchanges are a crucial component for buying, selling, and exchanging digital assets. Altcoin Trader and Changelly are two platforms that offer different services to users. In this comparison review, we will examine the features, fees, security, and user experience of each platform to help you decide which one suits your trading needs.
Platform and User Experience
Altcoin Trader is a South African cryptocurrency exchange that offers users a simple and user-friendly interface. It has a modern design that is easy to navigate, making it ideal for both beginners and experienced traders. The platform offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.
Changelly, on the other hand, is a cryptocurrency exchange aggregator that offers users the ability to buy and sell over 150 different cryptocurrencies. The platform has a straightforward and user-friendly interface that is ideal for beginners. Changelly also offers a mobile app for both Android and iOS, allowing users to buy and sell cryptocurrencies on the go.
Winner: Tie. Both Altcoin Trader and Changelly offer easy-to-use platforms that cater to both beginners and experienced traders.
Fees
Altcoin Trader charges a flat 0.8% fee on all trades, which is relatively low compared to other South African cryptocurrency exchanges. However, there are additional fees for withdrawals, and the cost varies depending on the cryptocurrency being withdrawn.
Changelly, on the other hand, charges a fee of 0.5% on all transactions, which is considered low compared to other cryptocurrency exchanges. The platform does not charge any deposit fees, and the withdrawal fees vary depending on the cryptocurrency being withdrawn.
Winner: Changelly. With lower fees and no deposit fees, Changelly is the more cost-effective platform.
Security
Altcoin Trader employs several security measures to protect user funds, including two-factor authentication (2FA) and encrypted SSL connections. The platform also has a dedicated team of security experts who monitor the platform for any suspicious activity.
Changelly also prioritizes the security of user funds and employs two-factor authentication (2FA) and encrypted SSL connections. The platform also stores user funds in cold storage wallets, which are not connected to the internet and are considered more secure.
Winner: Tie. Both platforms prioritize the security of user funds and employ similar security measures.
Cryptocurrency Selection
Altcoin Trader offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple, as well as a selection of altcoins such as Dogecoin, Dash, and Bitcoin Cash.
Changelly, on the other hand, offers users the ability to buy and sell over 150 different cryptocurrencies, including popular options such as Bitcoin, Ethereum, Litecoin, and Ripple, as well as less popular options such as Aeternity, Digibyte, and Status.
Winner: Changelly. With over 150 cryptocurrencies available, Changelly offers a greater selection of digital assets.
Customer Support
Altcoin Trader offers users customer support through email and a support ticket system. The platform also has an extensive FAQ section that provides answers to common questions.
Changelly provides customer support through a ticket system and a live chat feature. The platform also has a comprehensive FAQ section that covers common questions and issues.
Winner: Changelly. With a live chat feature, Changelly offers users a more responsive and efficient customer support experience.
Conclusion
Both Altcoin Trader and Changelly are reputable cryptocurrency trading platforms that offer users a range of features and benefits. While Altcoin Trader has a more extensive selection of altcoins and a user-friendly interface, Changelly is more cost-effective, offers a greater selection of cryptocurrencies, and has a more efficient customer support system.
| Company | ||
|---|---|---|
| User rating | 10 user reviews | 58 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 10 user reviews | 58 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.
|
Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article.
|
Founding Date
| 2014 | 2015 |
Country
| South Africa | Hong Kong |
Type
| Centralized | Centralized |
Languages
| English | English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish, Hindi |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Wilhelmina Street, Unit B6, Clearview Office Park, Johannesburg, Gauteng 2094, South Africa. | Fintechvision Ltd 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong. |
Fees
|
Trading Fees Currency Trading Fee All Coins 0.1% of trade value Other Fees Currency Easy Buy & Sell Fee All Coins 0.75% of trade value Full fee schedule: https://www.altcointrader.co.za/trading-fees |
Floating rate - 0.25% Fixed rate - No fee |
| About |
Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.
|
Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2015 |
| Country | Country South Africa | Country Hong Kong |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English | Languages English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish, Hindi |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Wilhelmina Street, Unit B6, Clearview Office Park, Johannesburg, Gauteng 2094, South Africa. | Full address Fintechvision Ltd 7/F, Woon Lee Commercial Building, 7-9 Austin Ave, Tsim Sha Tsui, Kowloon, Hong Kong. |
| Fees |
Fees
Trading Fees Currency Trading Fee All Coins 0.1% of trade value Other Fees Currency Easy Buy & Sell Fee All Coins 0.75% of trade value Full fee schedule: https://www.altcointrader.co.za/trading-fees |
Fees
Floating rate - 0.25% Fixed rate - No fee |
Trading
Altcoin Trader trading volume is 835,771.0. The exchange has 20 available trading pairs. Fiat trading is available on the exchange. Margin trading is not available.
Changelly trading volume is 0. The exchange has 12 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 835771 | 0 |
Pairs
| 20 | 12 |
Coins
| 21 | 150 |
Fiat trading
| - |
Deposit
| Free | Depends on currency and volume |
Fees
| Percentage | Percentage |
Margin
| - | - |
| Volume | Volume 835771 | Volume 0 |
|---|---|---|
| Pairs | Pairs 20 | Pairs 12 |
| Coins | Coins 21 | Coins 150 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Depends on currency and volume |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin - |
Safety
Two factor authentication
Verified
| Unverified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Unverified | Verified Verified |
Social
Website
| www.altcointrader.co.za | changelly.com |
| @AltCoinTraderSA | @Changelly_team |
Number of followers
| 7026 | 31400 |
| Website | Website www.altcointrader.co.za | Website changelly.com |
|---|---|---|
| Twitter @AltCoinTraderSA | Twitter @Changelly_team | |
| Number of followers | Number of followers 7026 | Number of followers 31400 |
Rating
| User rating | 10 user reviews | 58 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Altcoin Trader user rating is 4.4, based on 10 user reviews. Changelly user rating is 4.4, based on 58 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Altcoin Trader with Changelly. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Altcoin Trader was founded in 2014 in South Africa. Changelly was founded in 2015 in Hong Kong.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Altcoin Trader. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Altcoin Trader is Centralized and Changelly is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Altcoin Trader has a mobile app available for iOS and Android. Changelly has a mobile app available for iOS and Android.
Altcoin Trader has 1 language available, which is English. Changelly has 9 languages available, including English, Portuguese, German, Spanish, Korean, Russian, Traditional Chinese, Turkish and Hindi.