Best Exchange: Part 5: Changelly

An exchange facility is considered good not just on the basis of net effective exchange fees, but also "how it connects to the legacy financial ecosystem". That is the easiest way we can connect to the new users and make crypto mainstream.

Therefore crypto-fiat swap should also be available along with crypto-crypto swap. The newcomers joining this ecosystem should be able to buy crypto using the card and/or wire transfer. And should also be able to convert their crypto to fiat in the easiest possible way.

https://openlibrary.org/people/demon-slayer-online

There are very few exchanges that offer all the three facilities: buying crypto with card, crypto-crypto exchange, and selling crypto for fiat.

Most of the time users have to rely upon two to three exchanges to avail all these three facilities. As competition has gone up in the exchange domain(obviously for the good), more and more cost-effective solutions are available today.

Most of the users, in general, rely on Global exchange facilities for crypto-crypto swap(for a better net effective exchange value) and then they connect to the regional exchange to trade the crypto for fiat.

The next best iteration of the crypto exchange facility will be to create an exchange facility where both local and global requirements of the traders are facilitated in one place. If any exchange is working towards this objective, it is none other than Binance.

However today I am going to introduce you to an instant exchange facility, Changelly, where one can buy crypto with a card, one can swap crypto for another crypto and one can also sell crypto for fiat. The crypto to fiat exchange fees might be higher, but imagine such a solution does exist in this ecosystem in one place where all the three requirements are being fulfilled.