PRO exchange: trade BitcoinGoogle Play
Our wallet review process
We examine wallets starting at the code level and continue all the way up to the finished app that lives on your device. Provided below is an outline of each of these steps along with security tips for you and general test results.
Application build test result
Changelly PRO is an exchange:
Changelly PRO is a crypto exchange platform that serves both professional cryptocurrency traders and novices. The BTC exchange objective is to deliver simplicity to crypto trading — as well as high liquidity, competitive fees, and 24/7 support.
Here is its claim on security:
Top-notch Account Security: Be sure your crypto assets are protected with 2-factor authentication with high-end encryption technology and email confirmations.
However, nothing else really indicates the prescence of a crypto wallet.
It is related to, an exchange that claimed to be non-custodial as it only held funds for the purpose of exchanging them. This seems not to be the case for Changelly PRO.
On the site, one page has instructions for withdrawing funds on Changelly PRO.
There is also an article on KYC verification.
In the event of termination, Company will return any crypto assets stored in your Account and not owed to Company, unless Company believes you have committed fraud, negligence or other misconduct.
This means the company is in charge of the user’s assets.
This app is custodial and thus not verifiable.
Tests performed by Daniel Andrei R. Garcia
Do your own research
In addition to reading our analysis, it is important to do your own checks. Before transferring any bitcoin to your wallet, look up reviews for the wallet you want to use. They should be easy to find. If they aren't, that itself is a reason to be extra careful.