changelly

Website

changelly.com

$ Details

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Categories

#Cryptocurrency Exchange #Cryptocurrencies #Crypto #Cryptocurrency

Startup details

Country

Malta

City

Valletta

Employees

50 - 99

Cortex Project

Website

cortexmetrics.io

$ Details

Categories

#Monitoring Tools #Databases #Time Series Database #Dev Ops

changelly features and specs

• Wide Range of Supported Cryptocurrencies
  Changelly supports a large number of cryptocurrencies, allowing users to exchange between different digital assets with ease.
• User-Friendly Interface
  The platform offers a simple and intuitive user interface, making it accessible for both beginners and experienced traders.
• No Account Registration Required
  Users can conduct transactions without the need to create an account, providing a higher level of privacy and convenience.
• Fixed and Floating Rate Options
  Changelly offers both fixed and floating exchange rate options, giving users more flexibility based on their preferences and market conditions.
• Security
  Changelly employs robust security measures and does not hold user funds, minimizing the risk of hacks and unauthorized access.

Possible disadvantages of changelly

• Higher Fees for Some Transactions
  The platform's exchange rates and fees can be higher compared to some other exchanges, particularly for smaller transactions.
• No Fiat Currency Support
  Changelly focuses exclusively on cryptocurrency exchanges and does not support direct fiat currency transactions or withdrawals.
• Lack of Advanced Trading Features
  The platform is designed for simplicity and does not offer advanced trading tools such as order books, charts, or margin trading.
• Variable Processing Times
  Transaction processing times can vary depending on network conditions, which might lead to delays in receiving exchanged funds.
• Limited Customer Support Options
  Customer support is primarily available via email and online ticketing, which may not be as quick or comprehensive as live chat or phone support.

Cortex Project features and specs

• Scalability
  Cortex is designed for high scalability, allowing it to handle extremely large volumes of metrics. It uses a distributed architecture that can scale horizontally by adding more nodes.
• High Availability
  Cortex supports replication and redundancy, which ensure high availability of metric data. This means that even if some components fail, Cortex can continue to operate without data loss.
• Multi-Tenancy
  The platform supports multi-tenancy, making it a good choice for organizations that need to manage and isolate metrics for different users or teams within the same infrastructure.
• Compatibility with Prometheus
  Cortex is fully compatible with Prometheus, using the same querying language and client libraries. This allows for easy integration and migration from a Prometheus setup.
• Long-Term Storage
  Unlike Prometheus, which is optimized for short-term storage, Cortex provides capabilities for long-term storage of metrics, useful for historical analysis and audits.

Possible disadvantages of Cortex Project

• Complexity
  The distributed nature and the multitude of components in Cortex can make it complex to set up, configure, and maintain, especially for smaller teams with limited resources.
• Resource Intensive
  Due to its architecture and capabilities, Cortex can be resource-intensive, requiring significant computational and storage infrastructure to operate efficiently.
• Operational Overhead
  The operation of Cortex can introduce additional overhead, as it might require teams to manage additional services and configurations beyond what is needed for a standard Prometheus setup.
• Steeper Learning Curve
  Users may face a steeper learning curve due to the distributed nature of the system and its configuration requirements, which can be challenging for newcomers.

Analysis of changelly

Changelly Review (2020) | Is This Exchange Safe?

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