Instructions for exchanging cryptocurrencies through the Changelly App using MoonPay, detailing a comprehensive procedure.
In an exciting development, the Changelly mobile app will soon allow users to sell their cryptocurrency starting from April 2024, thanks to a partnership with MoonPay. Here's a step-by-step guide on how the process works.
First, users will need to navigate to the selling option within the app. To do this, tap the middle button at the bottom of the screen, select the Sell option, and follow the MoonPay widget's instructions.
Next, users should enter their email address during the checkout process to verify their identity with MoonPay. After this, they will be redirected to the next stage to enter the specific details of the chosen method.
It's crucial for users to double-check the amount, the cryptocurrency, and the network they're sending their funds on before initiating the sale. Documents containing non-Latin characters without English translation will not be processed.
Users will then need to upload high-definition, easily readable, and physically undamaged photos of the front and back of their ID, following specific guidelines. This is part of the identity verification process, which also includes submitting an ID document and undergoing a liveness check. Users should give the browser camera access to complete the liveness check.
During the liveness check, a biometric verification step is employed to confirm the user as a real person. The verification process on MoonPay takes around 5 to 30 minutes. Once the verification is complete, users must enter their basic personal information and billing address, which should match their bank's residential address.
After entering the verification code, users must agree to MoonPay's Terms of Use and optional promotional emails. They should also select a preferred withdrawal method from the available options. The withdrawal options depend on the user's country of residence.
The sell order on MoonPay usually takes between 30 minutes and 2 business days to arrive. Processing times can vary depending on the chosen payment method. Once the transfer goes through, a confirmation email will be sent.
Remember, users should send the crypto they are selling to the MoonPay-provided deposit address as soon as possible. It's also important to ensure the information entered is correct and to update the billing address if necessary.
Notably, the founder and main actor behind MoonPay, who partners with Changelly for cryptocurrency sales in the Changelly mobile app starting April 2024, is not explicitly stated in the provided search results. However, MoonPayβs advisory connections include Zeeshan Feroz, former CEO of Coinbase Europe, who is noted as an advisor to MoonPay. No direct founder name or main executive for MoonPay is mentioned.
With these steps in mind, users can now easily sell their cryptocurrency through the Changelly mobile app, thanks to the partnership with MoonPay.
