Compare Altcoin Trader vs Changelly
The world of cryptocurrencies continuously evolves, presenting a multitude of options for traders and investors. Among these options are trading platforms, with Altcoin Trader and Changelly being notable ones. This article aims to provide a comprehensive comparison of both platforms to inform user choices based on their individual needs.
| Company | ||
|---|---|---|
| User rating | 10 user review | 56 user review |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 10 user review | 56 user review |
Cryptogeek rating
Trust Score
How it worksAbout
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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.
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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.
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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
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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 review | 56 user review |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
In conclusion, the choice between Altcoin Trader and Changelly should largely depend on the user's needs and preferences. While Altcoin Trader might offer a wider selection of altcoins, Changelly guarantees conveniences like prompt transaction time and straightforward interfaces. Therefore, prospective users should consider these factors while deciding which platform would best suit their trading habits.
| 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.