When we set out to create Tangem Express — our homegrown DEX & CEX aggregator — we wanted to provide Tangem Wallet users with the best exchange rates on the crypto market while guaranteeing total security and ease of use.
With this goal in mind, Tangem will add Changelly — a hybrid cryptocurrency exchange platform — as a swap provider to Tangem Express this February. Users will be able to swap any asset via Changelly at a 0% service fee rate from February 14 to February 21, 2024. What else is in stock for you? Let’s find out in this article.
What is Changelly?
Changelly is a hybrid, non-custodial, instant crypto swap platform that provides access to over 500 cryptocurrencies and 100,000 pairs, allowing users to swap them at the most competitive market rates. Changelly has a user-friendly interface and offers a wide range of digital assets. This platform charges a commission on each crypto swap transaction, and the commission amount varies by cryptocurrency.
Why swap with Changelly?
- Competitive market rates
Changelly works with 20+ cryptocurrency platforms as a hybrid exchange platform to find the most competitive rates for your transactions.
- Secure handling
Changelly does not store cryptocurrencies; they are sent directly to your wallet when the swap is complete, ensuring maximum security.
- Low minimums and high maximums
The minimum swap amount is 10 USD; the maximum can be up to 15 million USD (or its equivalent in cryptocurrency).
- Quick transactions
With an average transaction time of 5-40 minutes, Changelly ensures you can quickly capitalize on market opportunities.
- 24/7 live customer support
Changelly has a dedicated support team available to users anywhere and anytime to provide personalized assistance.
Since 2015, Changelly has successfully served millions of customers and provides fast crypto-to-crypto exchanges and purchases to over 2.6 million users monthly.
How to swap tokens with Changelly in Tangem Wallet
Here's how you'll be able to exchange one token for another with Changelly in the Tangem Wallet:
- Go to the Tangem app
- Open a token page, for example, USDT, and tap Swap.
- Enter the asset you want to receive, for example, Solana (SOL).
Tangem Express will automatically show you the provider that offers the best rates.
- Tap the provider shown to see all providers available and their rates.
If the assets involved in the swap are on the same network, both DEX and CEX providers will appear. If the transaction is strictly a cross-chain swap, only the CEX provider will be made available.
Changelly is a hybrid exchange platform (DEX & CEX), so it will always be available if the swap sum is greater than 10 USD and less than the equivalent of 15 million USD.
- Choose Changelly from the list of providers.
- Tap Fee to choose the network transaction fees.
You can choose between Market (average fee rate) and Fast (more expensive but offers a better transaction speed).
- Tap Swap and enter your access code.
- Scan your Tangem card to approve the transaction.
- Tap Status to track the transaction on Changelly’s page.
Your account will be funded with the swapped token when the swap is complete.
What is Tangem Express?
Tangem Express is a DEX, CEX, and blockchain bridge aggregation platform offering users swap rates from multiple providers directly in Tangem Wallet. Current swap providers in Tangem Express include ChangeNOW — a CEX provider; 1INCH — a DEX provider; and soon Changelly — a hybrid crypto swap provider.
Tangem Wallet users can enjoy the best market rates when they swap assets while taking advantage of our hardware wallet's security. You don’t have to move your funds to a hot wallet; swap them inside the Tangem app.
Learn more about Tangem Express here.
About Tangem Wallet
Tangem Wallet is a simple, secure, non-custodial hardware wallet allowing users to buy, sell, send, receive, and swap thousands of cryptocurrencies in over 40 blockchain networks. As a cold wallet, Tangem uses a CC EAL6+ certified chip — passport-grade security — to generate and store your private keys.
This cold wallet comes in the shape of a bank card and connects with the Tangem mobile app via NFC, making it very simple for both novices and experts in crypto.
Learn more about the importance of hardware wallets and why Tangem is the best.
Tangem x Changelly 0% service fee timeline #Swapwithlove
Swapping one cryptocurrency for another is the most common type of transaction users make, and in most cases, this transaction is pricey. Besides the inevitable network transaction fees, users often have to pay a service fee to the platform on which they make these swaps.
To ease our users into crypto swaps via Changelly in Tangem Wallet, we’ve prepared special events leading to the main event on Valentine's Day.
1 — 13 February
You can purchase a Tangem Wallet during this period and prepare for the 0% service fee promo. You should also join Changelly's X (Twitter) community to access a special promo code for the pre-launch campaign.
7 — 14 February
Changelly will host a puzzle-style quiz on X(Formerly Twitter) for all followers. Three winners will receive a pack of Tangem Wallet cards each. Follow Changelly and Tangem on X, and don’t miss your chance to win a new Wallet pack. There’s no such thing as too many Tangem Wallets — the more you have, the better.
14 — 21 February
Swap commission-free in Tangem Wallet via Changelly. You can swap any number of cryptocurrencies daily from February 14 to February 21 without paying a service fee — just the network transaction fee.
February 15
We’ll host an AMA on our Twitter spaces to answer more questions you may have about Tangem Wallet, Changelly, and crypto swaps. Set this date on your calendar and come ready with some questions. Our speakers might also let listeners in on some exciting things Tangem is secretly working on — who knows?
15 — 21 February
Changelly will host a quiz on cryptocurrency, blockchain, and both companies on their Telegram channel. Winners will get a pack of Tangem Wallet cards. We recommend brushing up on your crypto knowledge and learning about Tangem and Changelly.
FAQ: Swapping with Changelly in Tangem Wallet
- How does swapping crypto with Changelly in Tangem Wallet work?
It's a simple process! Open Tangem Wallet, select the cryptocurrency you want, and initiate the swap, choosing Changelly as the provider. The entire process is seamless and user-friendly.
- Is there any service fee for swapping crypto with Changelly in Tangem Wallet?
From February 14 to February 21, Changelly will offer a 0% service fee when swapping crypto in Tangem Wallet. Enjoy lower-cost crypto swaps while the offer lasts! Changelly’s usual service fee rate will apply once this promotion period ends.
- Are there any restrictions on the types of cryptocurrencies I can swap via Changelly?
Changelly supports 500 cryptocurrencies; you can swap various pairs, providing flexibility in your transactions.
- How long does it take for a crypto swap to be completed?
The swap time heavily depends on blockchain confirmations and network traffic, but the process with Changelly is generally fast. You'll see the details and status of your swap in real time in Tangem Wallet.
- Is it safe to swap cryptocurrencies using Tangem Wallet and Changelly?
Absolutely! Both Tangem Wallet and Changelly prioritize user security. Your transactions are encrypted, and Tangem Wallet never exposes your private keys, among other security measures, to ensure a safe swapping experience.
- Can I cancel a swap once it is initiated?
Unfortunately, once a swap is initiated, it cannot be canceled. It's essential to review your choices before confirming the transaction.
- Are there any limits on the amount of crypto I can swap through Tangem Wallet with Changelly?
While specific limits may apply, they vary based on factors like account verification. Check Changelly's terms of use and KYC/AML demands for the most accurate and up-to-date information on swap amount limits.
- What happens if the swap encounters an issue or fails?
When an issue prevents swap completion, your token will be returned to your account minus the network transaction fee. You can contact the support teams of Tangem Wallet and Changelly to solve the issue.
- Can I track the status of my swap within Tangem Wallet?
Yes, Tangem Wallet provides real-time updates on the status of your swap in the app. You can monitor the progress and be alerted once the swap is complete.