Network fee is a small amount of coins charged by a blockchain for each transaction. In Changelly, the network fee is taken when we send coins to your wallet after exchange. If the amount is too low to cover the fees, a transaction will fail. In this article, we will explain how the Bitcoin network fee is calculated and why you should be concerned about it.
Bitcoin Cash, Bitcoin ABC, BCC, BCH, BTCC, Bcash – all is the same. The currency locked in on August 1st, making a great noise ever since. Many of cryptocurrency users still cannot tell the difference between two coins. In this article, we are about to explain what Bcash stands for and what the buzz is all about?
Bitcoin Cash (BCC / BCH, both are correct) appeared occasionally as the Bitcoin fork. It was launched on August 1st and made a great noise ever since. For all those who want to exchange their (BCC / BCH) obtained during the hard fork and buy the original currency that keeps skyrocketing, here is our step-by-step guide.
Bitcoin is the most outstanding and demanded cryptocurrency. From now on, it has a replicant, Bitcoin Cash (BCC / BCH, both tickers are correct) locked on August, 1. Changelly initiated Bitcoin cash support on the next day, so you can buy it for a credit card, 50+ altcoins, Ethereum and original BTC, of course. We’re about to explain how to exchange Bitcoin Cash (BCC / BCH) on Changelly just in a few clicks. Let’s buy it for original Bitcoin.
Bitcoin, the most prominent cryptocurrency is on its way to increasing capacity. On August 1st, it divided into two rival versions. In this article, we are about to explain in simple words what was going on and look into possible outcomes and scenarios.
We would like to notify you that on August 1st, the Bitcoin blockchain will hardfork. This may lead to separated cryptocurrencies, the original Bitcoin (BTC) and the new Bitcoin Cash (BCC).
Whatever the outcome might be, the updates will influence blockchain stability. For this reason, on July 31 we will temporarily stop the trades until the network comes back to normal. It means that for a short while you will be unable to trade Bitcoin pairs on Changelly. Unfortunately, we can’t predict the timelines when Bitcoin gets back.
However, most probably that certain popular crypto pairs will still remain available for trading (e.g. ETH-LTC).
We strongly suggest you to keep your Bitcoins on wallets that provide your private keys. After the hard fork you will be able to import the keys and receive BCC in BTC equivalent. Store the keys in a safe place nobody else has access to.
We will keep an eye on the major trading platforms to see how the hard fork influences the market. Depending on these factors, we may consider BCC to be listed on Changelly.
If you have any questions about the forthcoming hard fork, feel free to contact us at [email protected]
Changelly works rather simple. You create a transaction and enter the wallet address generated by your wallet application to which we send your exchanged money. To buy Ethereum, Bitcoin, Litecoin or other crypto on Changelly , you should have an appropriate wallet. In this article, we are going to guide you through big variety of cryptocurrency wallets, so that you will know what to choose.
Lately, Changelly faced an overwhelming workload and pressure from lots of demand. Of course, we couldn’t be any happier to see so much new interest and breeding ground for improvements.
Anyone who has ever dealt with crypto exchanges, wallets, or other services knows how frustrating delayed responses from customer service teams can be. To resolve this matter, Changelly has doubled the support team. Now we have six full-time support-ninjas onboard ready to resolve your issue within 12 hours!
We’re not going to stop there. We’ve moved some transactions to Bittrex and in in the nearest future, we’re going to fully partner with both Bitfinex and Kraken in order to provide you even more profitable rates! More trading partners also means that the transaction processing time will be significantly decreased.
We don’t want to show our hand though.
Changelly is preparing something great for you! Stay tuned for the latest updates.
We proudly announce our partnership with Jaxx, one of the most prominent wallets in the crypto community. Our API is directly implemented into the app, allowing to easily swap between a wide range of different cryptocurrencies listed on Changelly and Jaxx. Read More
Yesterday Parity, an Ethereum client, reported that 153 000 ethers worth $30 million were stolen due to the critical vulnerability of their multi signature wallet. The funds stolen potentially belong to ICO projects based on Ethereum, including Edgeless Casino, Swarm City, and æternity.
Being an anonymous exchange providing fully automated instant transactions, Changelly likely was up against the fraud and became the point the stolen money has been exchanged through. Supposed hackers might have used coinmixed and partially transferred the amount through Changelly.
Luckily, the Ethereum blockchain is transparent, so we have easily figured out and blacklisted the compromised wallet addresses. However, in order to completely protect funds from theft, there is a need for more measures to be taken.
Changelly is always ready to collaborate with wallets, exchanges and notable owners to improve security and data defense. Currently we’re in touch with the investigation team of Parity, Etherscan, MyEtherWallet and others.