"A simplified guide on exchanging cryptocurrency via MoonPay within the Changelly application"

Selling Cryptocurrency on Changelly and MoonPay: A Step-by-Step Guide

Selling cryptocurrency through the Changelly app or the upcoming MoonPay feature is a straightforward process. Here's a step-by-step guide to help you navigate the process.

Step 1: Choose Your Preferred Withdrawal Method

When selling crypto, users are required to select their preferred withdrawal method from the options available. The options may vary based on the user's location.

Step 2: Upload Valid ID Photos

To ensure a secure transaction, the ID photos uploaded must meet certain criteria. They should be in color, high-definition, easily readable, physically undamaged, and valid for at least one more month. The photos should also show the front and back side of the ID, with all four corners clearly visible and bearing the user's signature.

Step 3: Initiate the Sell Transaction

To sell crypto in the Changelly app, select the "Sell" option from the middle button at the bottom of the screen. In the MoonPay feature, which will be available from April 2024, select the cryptocurrency to sell and the desired fiat currency, and enter the amount.

Step 4: Follow the Onscreen Instructions

Upon selecting a withdrawal method, users will be automatically redirected to the next stage where they'll need to enter the specific details of the method they chose. During the checkout process, you will need to provide basic personal information and a billing address.

Step 5: Verification and Liveness Check

The identity verification process on MoonPay requires submitting an ID document and undergoing a liveness check. This is to confirm the user's identity and ensure the security of the transaction. Camera access is needed for the liveness check, and users should follow the onscreen instructions.

The verification process on MoonPay takes around 5 to 30 minutes, while the liveness check typically takes between 30 minutes and 2 business days, depending on the chosen payment method.

Step 6: Provide Withdrawal Method Details

Users will need to provide their withdrawal method details, which will depend on their country of residence. Changelly allows withdrawals and transfers through various payment methods including bank transfer linked to providers such as MoonPay, and supports major fiat providers and bank transfer options for buying and selling crypto.

Step 7: Confirm and Complete the Transaction

Once all the details are verified, users can complete the transaction by verifying all the details and tapping "Sell now". A confirmation email will be sent once the transaction is complete.

It's important to ensure all the provided information is correct and double-check everything before continuing. Users can learn more about MoonPay's verification process and accepted IDs on the MoonPay website.

By following these steps, you can sell your cryptocurrency securely and efficiently through the Changelly app or the upcoming MoonPay feature.

"A simplified guide on exchanging cryptocurrency via MoonPay within the Changelly application"