Now, Indacoin is another service used for buying Bitcoin with a credit card, and we’ve been recommending both services on our site for fast BTC purchases. However, Changelly sells Bitcoin using Indacoin’s API, that is, it resells Indacoin, charging 0.5% extra:
Your transaction has been created. At this point you may see requirements and limits on buying. These are applied only for the for first several transactions via bank card. Once you’ve read them, click ‘Pay with Mastercard/Visa’. Card processing is made possible by our partners, Indacoin Limited, headquartered in London. https://changelly.com/faq
We aspire to establish mutual trust with our clients; thereof we don’t have any hidden or unreasonable fees. We always charge only 0.5% fee and that’s it, full stop. https://changelly.com/about
The meaning of this? There are 0 reasons to use Changelly for Bitcoin purchase. Go directly to Indacoin.
Now, is there any point in using Changelly for crypto-to-crypto exchanges? Very little either, because they are using APIs from other exchanges once again:
Changelly’s robot is integrated into the largest cryptocurrency trading platforms, including Poloniex and Bittrex. https://changelly.com/faq#how-does-changelly-work
Going direct to the exchanges would probably be cheaper since you’d be cutting out the middleman. Moreover, emerging decentralized exchanges, like Altcoin.io, will render both services like Changelly and centralized exchanges useless.
Now the only proprietary function of Changelly left is the direct purchase of altcoins with a credit card. This used to be helpful a year ago, but nowadays there is no reason to abandon Indacoin – you can purchase Ethereum there and that’d be a great entrance into altcoins. If you wish, you can also purchase Dash, Ripple or Litecoin @ Bitpanda and call it a day. Exchange services like ShapeShift will help you transfer these into any possible obscure coin.
At this point it’s really hard to find a reason to use Changelly. Everything they offer can be done cheaper and faster elsewhere. Perhaps, the only reason to use them would be as a backup plan, when services like Indacoin suddenly run out of Bitcoin: