Changelly Update Mobile App With Fixed Rate Exchanges

Changelly Update Mobile App With Fixed Rate Exchanges

The new Changelly App 2.0 will allow users to no longer need to endure the risk of crypto market price fluctuations.

What this new update will allow users is the possibility to essentially freeze the price of a cryptocurrency during an exchange process. The way it works is that you will be shown a price for a crypto exchange at the start of the process. This price will then stay fixed throughout the process means that you don’t get a different price upon competition. Thus, preventing any nasty surprises from sudden price changes. Changelly will take a small reserve in order to guarantee this no-risk exchange, which will be included in the overall price.

What this new update will allow users is the possibility to essentially freeze the price of a cryptocurrency during an exchange process. The way it works is that you will be shown a price for a crypto exchange at the start of the process. This price will then stay fixed throughout the process. Meaning that you don’t get a different price upon completion. Changelly will take a small reserve in order to guarantee this no-risk exchange, which will be included in the overall price.

Users are not obliged to do so though, however. Those who are not interested in this fixed-rate needn’t worry as the floating rate for exchanges will still be offered by Changelly at the same fixed lowest fee of 0.25% for all crypto-to-crypto exchanges. As such, you can take this new fixed-rate exchange system or not, it completely up to you.

If any more updates come in regard to the Changelly Mobile App, we will be sure to keep you tuned. Don’t forget, there is still time to get involved with Changelly’s new promotions that launch following their partnership with Infinito.

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