ChangeBTC Review: Change BTC is a relatively new Cryptocurrency exchange platform that entered the Crypto space eleven months ago. Their Platform is quite a basic one, thus it is easy to use. ChangeBTC.bid claims it is a licensed exchange, and has the email address email@example.com coupled with the telephone number +49 89 5623099 which they can be used to reach them.
HOW DOES ChangeBTC WORK?:
ChangeBTC.bid is fairly simple and straightforward to operate.The user have to hold the wallets of both the currencies i.e. the base currency and the exchange currency. Note that there are only two options, you can either change the Bitcoins into Bitcoin Cash or Ethereum. The wallet address has to be entered in the relevant fields. The procedure allegedly takes 3 to 5 minutes. A small fee applies although we don’t know what percentage they are charging for the fee. In case any problem arises you have to talk with their support team since there is no FAQ on the web page.
IS CHANGE BTC A SCAM?
We can’t say for sure if they are a scam or not. However, the site lacks a lot of important information which we believe traders must be provided. Also, Change BTC does not show us their registration or incorporation certificates. The License number provided is dubious and can’t be verified because it is a bogus license number. These leaves us with the question: Is ChangeBTC trustworthy? The answer obviously is a blatant NO as no decent exchange platform would be sneaky about its information, new Crypto exchange or not.
Change BTC might be a big scam. If you deposit a small amount, They may be faithful enough to send it back in the currency of your choice. But if you trust them with a big amount, they might simply take it and disappear. That is how some scams in the Crypto niche try to build the trust of their audience before doing an exit. If you are considering using this exchange try it with small amounts.
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