Post
Topic
Board Announcements (Altcoins)
Re: [BCN] Bytecoin. Secure, private, untraceable since 2012
by
xspresso
on 28/03/2017, 21:16:18 UTC
Can someone please tell how Changelly works?

1 monero = 76,615 bytecoins
but
76,615 bytecoins = 0.8544 monero

-15% ??
+ monero fees
+ other fees?
So the transactions end up to -30%?


I though electronic coins was about "no banks", and no high fees.


Changelly is a scam. They offered me to purchase bitcions via visa with 30% fee.

Use poloniex to exchange bytecoin

The service provider for accepting credit cards on Changelly is not reliable. They sell over the market rate by at least 30%.

However, Changelly is reliable for exchanging coins, without involving any credit card into the transaction.

Regarding the case with exchanging rate. First we need to understand how the system works. Exchanging Euro to Dollars and vice versa, you could end up with this kind of differences.

I would suggest you to exchange and hold for the exchange to improve at your favor in future. And then you could benefit from that since you will cover the fees with the profit you gain.

Please be aware that the transaction is estimate until you get a full confirmation for the transaction. You may get more or less, depending on the difference between the coins at the moment of transaction.

Hope that helps!