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Why You Should Upgrade to Changelly Pro
Trading cryptocurrencies has been around for a while now but only recently is gaining more popularity. When it comes to buying and selling various cryptos, we might have plenty of options. One such popular trading platform used by many is Changelly.
It’s an excellent platform because it allows traders to buy and sell altcoins such as ETH/ETC, LTC, Monero, and more.
However, it might be too basic and have limited features for experienced traders. This is why the company came out with its custodial exchange program, Changelly Pro.
It's a more centralized platform with greater features that allow for spot trading and margin trading, amongst other things. The platform essentially equips you with a wider range of tools to enhance your crypto trading.
It might be worth an upgrade if you have been using Changelly for a while and are looking to do beyond simply swapping digital currencies.
All in all, it will help you decide if upgrading to Changelly Pro will be worthwhile for you.
What is Changelly Pro?
Changelly Pro is designed to create your crypto trading to the next level, which is why it is considered an excellent upgrade. It offers features and services that you cannot find on the regular Changelly platform, but they can allow you to trade better.
This is why the pro platform can be used by both experienced and novice traders.
Additionally, the platform is also an excellent starting point for those who don’t have any crypto yet since it offers flat currencies. Hence, you can easily start on the Changelly Pro platform by exchanging fiat currencies.
Besides this, you can also lock in on fixed rates while exchanging to avoid any price fluctuations.
It’s important to keep in mind that a fee is charged when you use the Changelly Pro services. However, it is a good investment since you get a multitude of features and 24/7 live chat support if you encounter any issues.
We will be discussing all the handy features provided by the platform in the next section.
Changelly Pro Main Features
The main attraction about Changelly Pro is the wide array of features it offers that make the trading experience even better. Here are some of the most prominent features that Changelly Pro offers when you get the upgrade.
- Supports a Wide Range of Coins
While the Changelly trading platform already offers many currencies, the upgrade will allow you to access an even wider range. With Changelly Pro, you will not need to switch between trading platforms to acquire different currencies since it will provide most, if not all, the digital currencies available in the market.
That’s not all; you will also be able to manage all of these currencies in one wallet instead of having to switch between services.
Hence, you will be able to easily diversify your portfolio with different altcoins and manage your wallet through the centralized system provided by the platform when you upgrade to Changelly Pro.
- Provides You with Leveraged Trading
Leveraged trading refers to trading on higher crypto without actually holding the required amounts of assets. Simply put, this means that Changelly Pro lets you borrow from them in order to bet more crypto. The platform can provide you with as much as 50x leverage on your account.
However, this can be quite risky because while you can earn a profit from the leveraged amount, you also open yourself up to the risk of losing much more. It should be approached with this consideration.
Therefore, leveraged trading is one feature on the Changelly Pro platform that only experienced traders might benefit from.
- Offers Flexible Rates
The cryptocurrency rates continually change, which is why the market is often considered to be highly volatile. Moreover, unlike the regular trading and stock exchange that closes when business days end, the crypto trading market continues to change.
This is why most experienced traders prefer to use the fixed exchange rate rather than the floating one.
Changelly Pro lets you lock in favorable rates by holding onto the fixed rates rather than the floating ones. This ensures that the price of the crypto does not change or increase when you purchase it.
- Gives Enhanced Security
Not only is the crypto market volatile, but it can also be dangerous because assets are not properly regulated and safe. Changelly Pro tackles this issue by providing robust security systems on the platform. Some of these include having two-factor authentication and email confirmations.
Additionally, you can also add a whitelist of recipients you trust to expedite the payment process to them.
- Has a Clear Trading View
The trading view on the Changelly Pro platform is clear, clean, and easy to use. It has the standard trading view, which includes a candlestick chart, buying and selling rates, areas where traders can limit, market, or stop scaled orders. This allows for trading to be less risky and more flexible.
Other things included in the trading view include the order book, list of sales, and the market depth graph.
- Offers a Referral Program
Changelly Pro also offers a referral program for its users who can earn up to 50% of their trading fees paid by those who registered on the platform through their referral link. This is a great incentive to get more people on board with the Pro version of the exchange platform.
Changelly Pro Fee
You can start out with Changelly Pro for free. However, when you begin trading, you will need to start paying for it. The system begins to take out a small fee from your account monthly.
However, what is great is the fact that the platform does not charge a high trading fee compared to other exchange platforms. This is because the maximum trading fee is set at 0.5%. The minimum trading fee can range from 0.02% for those who make the trade to 0.04% for those who take the trade.
Thus whenever you make a trade, you will be charged based on its value.
The Pro version of the platform does not charge additionally for deposits. Moreover, it does not have minimum withdrawal thresholds or limits since the commission does not depend on the amount withdrawn.
This means that you can withdraw however much you want, and the platform will only charge you a flat rate for it.
How to Trade Crypto on Changelly Pro
Now that you know about the main features you will be offered when you upgrade to Changelly Pro, you might be wondering how you can get started on the platform. To do this, you will first need to deposit crypto in your wallet on the platform.
You can do this by clicking on the deposit button in the top right corner of the page. If you are already signed up on the Changelly platform, you can also buy digital currencies through it.
Once you have deposited enough crypto in your wallet, you can switch to the Changelly Pro interface. It is pretty clean and simple, so using the main trading page will not be complicated, and you will not face any difficulty.
Is Changelly Pro Safe?
Changelly Pro is a relatively new exchange platform, which is why people might be wondering if it is entirely safe or not.
It is considered a custodial platform of the official Changelly platform, which has been around for a few years. It has been a popular trading platform and one that many traders start out with using.
For this reason and because of how established it is, the platform is trusted by most people.
As for the safety of its new custodian exchange platform, Changelly Pro is quite safe. This is thanks to the safety features, such as whitelists, two-factor authentication, and email confirmations.
When you utilize these features, you can increase the overall security of your Changelly Pro account.
The Bottom Line
Changelly Pro is a new and unique trading platform that has been on the rise in popularity because of the several excellent features it offers. It functions as the custodial exchange platform of Changelly, and its fees vary based on the trader's exchange and trading volume.
When you upgrade to Changelly Pro, you definitely get the chance to enhance and diversify your crypto portfolio and make it more lucrative. Not only can you lock in your trades at a fixed rate, but you can control all your assets from one centralized system.
Therefore, if you are looking to significantly improve your portfolio, get better rates, and increase your profits, Changelly Pro is undoubtedly worth your consideration.
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